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Triplex with Detached Studio
New
For Sale
$1,750,000

601 Pico Ave, Santa Barbara, CA 93103

Two renovated residences and a separate studio offer a three-unit configuration on a corner parcel.

Property SizeContact for details
Days on Market6

Property Features for 601 Pico Ave

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 2BD/1BA, 1 x studio
Multifamily Units 3
Listing Agency: Brian Delshad, Broker
Listed By: Brian Delshad
Source: Exprealty
Added: Oct 1 Changed: Oct 6 Last Checked: Oct 5 at 9:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brian Delshad, Broker

Investment Insights

Based on property information with market context.

This Santa Barbara triplex comprises two 2-bedroom, 1-bathroom residences and a detached private studio. Both larger units were fully renovated two years ago, with new flooring, high-end finishes and a roof among the improvements. Each also has a front porch.

The property occupies a corner lot at 601 Pico Ave. Downtown, beaches, dining and commuter routes are described as minutes away.

Key Highlights

  • Two 2BD/1BA residences plus a detached private studio
  • Both 2‑bedroom units underwent complete renovations two years ago
  • Renovation work included a new roof, flooring and high‑end finishes

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Nursing Home Pet Grooming Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,001
Businesses Nearby

Demographics for 93103, CA

20,029
Population
8,069
Households
2.5
Avg Household Size
39
Median Age
46%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
3,642
Density / Sq Mi
$118,118
Median Household Income
$46,441
Median Earnings
$2,407
Median Rent
$1,555,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two renovated residences and a separate studio offer a three-unit configuration on a corner parcel.
Where is this triplex located?
The property is located at 601 Pico Ave Santa Barbara, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Two 2BD/1BA residences plus a detached private studio; Both 2‑bedroom units underwent complete renovations two years ago; Renovation work included a new roof, flooring and high‑end finishes
More about this property
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