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    Santa Barbara County, CA Multifamily Properties for Sale

    52 results
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    Santa Maria Triplex with ADUs
    $1,250,000
    2,421 SF

    Santa Maria Triplex with ADUs

    1172 E Rice Ranch Rd, Santa Maria, CA 93455

    Three-unit property in Orcutt with recent ADU construction.

    • Income‑producing multi‑unit property with three separate, fully occupied units.
    • Newer ADU and garage conversion (built ~1 year ago) offering modern features.
    • Main house with 4 bedrooms and 2 bathrooms.
    • Detached 2‑bedroom, 1‑bath ADU with mini‑split A/C and heat.
    • Located in the desirable Orcutt School District.
    Updated: Feb 19
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    Newer Triplex Near Allan Hancock
    $1,485,000
    4,558 SF

    Newer Triplex Near Allan Hancock

    525 E Boone St, Santa Maria, CA 93454

    Well-located triplex with newer units built in 2020.

    • Newer duplex built in 2020 with two spacious 4‑bedroom, 2‑bath units (approx. 1,700 sq ft each) and private 1‑car garages.
    • Strong income potential with three units: two newer duplex units and a front 4‑bedroom house.
    • All units are separately metered for gas, electricity, and water, maximizing efficiency and tenant billing.
    • Quality finishes throughout the newer units, including wall‑to‑wall tile flooring, tile baseboards, and recessed lighting.
    • Convenient location near the Santa Maria Bus Station, Allen Hancock College, and Highway 101.
    Updated: Feb 16
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    Santa Barbara Multifamily Turnkey Property
    $2,950,000

    Santa Barbara Multifamily Turnkey Property

    Remodeled duplex near landmarks, ideal for owner-user or extended family.

    518 E Islay St, Santa Barbara, CA 93101
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    Furnished Santa Maria Workforce Housing
    Pending
    $9,500,000
    3.95 Acres

    Furnished Santa Maria Workforce Housing

    Four-acre property with 100 cottages, ideal for workforce housing.

    1324 N Broadway, Santa Maria, CA 93454
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    Downtown Santa Barbara Triplex Opportunity
    $2,150,000
    0.21 Acres

    Downtown Santa Barbara Triplex Opportunity

    Triplex in prime downtown Santa Barbara with off-street parking.

    1428-1424 De La Vina St, Santa Barbara, CA 93101
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    Santa Barbara Multifamily Near SBCC
    $3,950,000
    0.17 Acres

    Santa Barbara Multifamily Near SBCC

    Sixteen-bedroom multifamily property one block from Santa Barbara City College.

    415 Rancheria St, Santa Barbara, CA 93101
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    Furnished Cottages in Santa Maria
    Pending
    $100,000

    Furnished Cottages in Santa Maria

    100 furnished cottages suitable for workforce or community housing.

    1324 N Broadway, Santa Maria, CA 93454
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    Santa Barbara Duplex with Views
    $2,295,000

    Santa Barbara Duplex with Views

    Renovated duplex in prime location near downtown Santa Barbara.

    514 E Islay St, Santa Barbara, CA 93101
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    Solvang Commercial Building with Penthouse
    $3,999,000
    6,911 SF

    Solvang Commercial Building with Penthouse

    Stunning architectural details, penthouse, restaurant, retail spaces, and rental unit.

    437 2Nd St, Solvang, CA 93463
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    Mixed-Use Building in Solvang, CA
    $3,999,000
    6,911 SF

    Mixed-Use Building in Solvang, CA

    Stunning mixed-use property with penthouse, restaurant, and retail spaces.

    437 2Nd St, Solvang, CA 93463
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    Updated Santa Barbara Multifamily Home
    $2,775,000
    3,400 SF

    Updated Santa Barbara Multifamily Home

    Flexible multifamily property with income potential in Santa Barbara, CA.

    2937 Glen Albyn Dr, Santa Barbara, CA 93105
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    Solvang Multifamily Investment Opportunity
    $3,499,000
    9,291 SF

    Solvang Multifamily Investment Opportunity

    Multifamily property with development potential in Solvang, California.

    1662 Eucalyptus Dr, Solvang, CA 93463
    View details
    Santa Barbara Triplex with Garages
    $2,875,000
    1,567 SF

    Santa Barbara Triplex with Garages

    Triplex in Santa Barbara with craftsman home and rental income.

    1917 Bath St, Santa Barbara, CA 93101
    View details
    Class A MHC Opportunity
    Contact for pricing

    Class A MHC Opportunity

    All-ages mobile home community near Santa Barbara County beaches.

    1317 N V St, Lompoc, CA 93436
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    Cozy Mobile Home in Santa Maria
    $59,999

    Cozy Mobile Home in Santa Maria

    One-bedroom mobile home in a 55+ community with amenities.

    1095 W Mccoy Ln, Santa Maria, CA 93455
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    Isla Vista Multifamily Portfolio
    Contact for pricing

    Isla Vista Multifamily Portfolio

    Multifamily portfolio in Isla Vista with strong rental growth.

    Various, Isla Vista, CA
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    Santa Maria Triplex Investment Opportunity
    $675,000

    Santa Maria Triplex Investment Opportunity

    Three-unit property with value-add potential in Santa Maria.

    320 N Oakley Dr, Santa Maria, CA 93458
    View details
    Isla Vista Multifamily Investment
    $4,550,000

    Isla Vista Multifamily Investment

    Five-unit multifamily property in Isla Vista near the beach.

    6591 Cordoba Rd, Goleta, CA 93117
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    Updated Mobile Home in Park
    $169,000

    Updated Mobile Home in Park

    Updated double wide mobile home in senior resident park.

    1206 Via Felice, Santa Maria, CA 93454
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    Quail Meadows Mobile Home
    $295,000

    Quail Meadows Mobile Home

    Two-bedroom, two-bath mobile home in gated senior park.

    3420 Bent Tree Dr, Santa Maria, CA 93455
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    Remodeled Mobile Home in Santa Maria
    $129,000

    Remodeled Mobile Home in Santa Maria

    Move-in ready, 2-bedroom mobile home with modern upgrades.

    1127 Via Contento, Santa Maria, CA 93454
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    Santa Barbara Multifamily Investment Property
    $3,795,000

    Santa Barbara Multifamily Investment Property

    Multifamily property in downtown Santa Barbara with new and renovated units.

    618 E Olive St, Santa Barbara, CA 93101
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    Mixed-Use Development Land Available
    Contact for pricing

    Mixed-Use Development Land Available

    Land available for mixed-use development, ideal for various businesses.

    S Blosser Rd, Santa Maria, CA 93458
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    Santa Maria Multifamily Rehab Opportunity
    $1,198,000
    12,300 SF

    Santa Maria Multifamily Rehab Opportunity

    15-unit apartment building in Santa Maria, CA. Rehab potential.

    1015 Russell Ave, Santa Maria, CA 93458
    View details

    Santa Barbara County, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 2134 multifamily properties for sale in Santa Barbara County, CA, showcased through 52 active listings on our real estate platform. These investment opportunities span a total of 897,466,689 square feet of properties for sale, with an estimated market value of $1,494,137,000.

    Sale prices for multifamily properties in Santa Barbara County, CA start at $95,000, averaging $1,479,343, and reaching up to $28,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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