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    Santa Barbara County, CA Multifamily Properties for Sale

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    Los Angeles, CA Lancaster, CA San Diego, CA
    28 results
    Solvang Multifamily Investment Opportunity
    $3,499,000
    9,291 SF

    Solvang Multifamily Investment Opportunity

    1662 Eucalyptus Drive, Solvang, CA 93463

    Multifamily property with development potential in Solvang, California.

    • High‑density R/3 zoning allows for the addition of more units on the 1+ acre parcel.
    • Eleven existing units provide immediate rental income.
    • Includes a separate, detached 2‑bedroom residence.
    • Mix of unit types: five 2‑bed/1‑bath and six 1‑bed/1‑bath.
    • Features a 10‑space covered parking structure.
    Updated: Apr 17
    View details
    Santa Barbara Multifamily Investment Opportunity
    $1,995,000
    2,012 SF

    Santa Barbara Multifamily Investment Opportunity

    308 W De La Guerra Street, Santa Barbara, CA 93101

    Charming four-unit property near downtown Santa Barbara with income potential.

    • Prime location near downtown Santa Barbara, offering easy access to dining, shopping, and entertainment.
    • Immediate cash flow from four fully leased one‑bedroom units.
    • Recently refreshed upper units and one lower unit, enhancing property appeal.
    • Welcoming communal pergola area and thoughtfully maintained landscaping.
    • On‑site laundry and outdoor storage lockers for each unit.
    Updated: May 15
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    Goleta Duplex in University Village
    $1,585,000
    2,400 SF

    Goleta Duplex in University Village

    Spacious duplex in desirable neighborhood with ADU potential.

    7395 Freeman Place, Goleta, CA 93117
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    Santa Barbara Duplex on Lower East
    $1,740,000
    1,456 SF

    Santa Barbara Duplex on Lower East

    Well-maintained duplex in a convenient Santa Barbara location.

    124 Citrus Avenue, Santa Barbara, CA 93103
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    Carpinteria Mixed-Use Income Property
    $2,700,000
    3,120 SF

    Carpinteria Mixed-Use Income Property

    Mixed-use property with duplex and restaurant in Carpinteria, CA.

    4631 Carpinteria Avenue, Carpinteria, CA 93013
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    Lompoc Duplex: Investor Opportunity
    $599,000
    1,965 SF

    Lompoc Duplex: Investor Opportunity

    Two-unit property in Lompoc, delivered vacant with upside potential.

    317 E Prune, Lompoc, CA 93436
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    Remodeled Triplex in Orcutt
    $1,148,888
    2,421 SF

    Remodeled Triplex in Orcutt

    Rare opportunity: remodeled home plus two new units for income.

    1172 E Rice Ranch Road, Santa Maria, CA 93455
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    Cuyama Valley Fourplex on Highway
    $699,900
    2,040 SF

    Cuyama Valley Fourplex on Highway

    Fully operational fourplex with short-term rental income potential.

    2968 Washington St, Cuyama, CA 93254
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    Remodeled Duplex in Santa Barbara
    $2,650,000

    Remodeled Duplex in Santa Barbara

    Turnkey duplex near landmarks, remodeled with modern amenities.

    518 E Islay Street, 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 Street, Santa Barbara, CA 93101
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    Lompoc Duplex: Investor Opportunity
    $599,000

    Lompoc Duplex: Investor Opportunity

    Two-unit property in Lompoc with immediate upside potential.

    317 E Prune, Lompoc, CA 93436
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    Furnished Santa Maria Workforce Housing
    $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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    Santa Barbara Fourplex Investment Opportunity
    $2,000,000

    Santa Barbara Fourplex Investment Opportunity

    Victorian-style fourplex in Santa Barbara's Eastside neighborhood.

    331 N Alisos St, Santa Barbara, CA 93103
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    Santa Barbara Multifamily Investment Opportunity
    $6,500,000

    Santa Barbara Multifamily Investment Opportunity

    Sixteen-unit multifamily property with upgraded interiors and plumbing improvements.

    3445 Richland Dr, Santa Barbara, CA 93101
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    Four Townhomes in Downtown Santa Barbara
    $5,000,000
    4,868 SF

    Four Townhomes in Downtown Santa Barbara

    Four individually addressed townhomes with 2BD/2.5BA layouts and 2-car garages.

    1621 Chapala St, Santa Barbara, CA 93101
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    Santa Barbara Six-Unit Apartment Building
    $2,900,000
    5,486 SF

    Santa Barbara Six-Unit Apartment Building

    Well-maintained six-unit apartment building in central Santa Barbara location.

    601 Eucalyptus Ave, Santa Barbara, CA 93101
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    Mixed-Use Property in Santa Maria
    $1,750,000
    2,650 SF

    Mixed-Use Property in Santa Maria

    Mixed-use property with residential units on a large lot.

    3375 ORCUTT RD, Santa Maria, CA 93455
    View details
    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, Santa Maria, CA 93458
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    Furnished Cottages in Santa Maria
    $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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    Goleta Investment Opportunity
    $2,325,000
    2,500 SF

    Goleta Investment Opportunity

    Two-unit property with strong rental income in a prime location.

    6516 Del Playa Dr, Goleta, CA 93117
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    Multifamily Property with Two Units
    $1,600,000

    Multifamily Property with Two Units

    Two-unit multifamily property available for purchase.

    2549 Treasure Dr, Santa Barbara, CA 93105
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    Santa Barbara Multifamily Opportunity
    $1,585,000
    0.26 Acres

    Santa Barbara Multifamily Opportunity

    Three-unit property near Cottage Hospital with income and upside potential.

    2117 Oak Park Ln, Santa Barbara, CA 93105
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    Remodeled Home with Income Potential
    $1,225,000
    0.20 Acres

    Remodeled Home with Income Potential

    Remodeled 4-bedroom home with two additional income-producing units.

    1172 E Rice Ranch Road, Santa Maria, CA 93455
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    Updated Duplex in Santa Barbara County
    $619,900

    Updated Duplex in Santa Barbara County

    Turn-key duplex with modern updates, ideal for investors or homeowners.

    3470 Point Sal, Casmalia, CA 93434
    View details

    Santa Barbara County, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Santa Barbara County, CA, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 70,243 square feet of properties for sale, with an estimated market value of $34,484,788.

    Sale prices for multifamily properties in Santa Barbara County, CA start at $599,000, averaging $2,155,299, and reaching up to $5,000,000 — 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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