Santa Barbara County, CA Multifamily Properties for Sale

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Updated: Jul 2

Apartment Building With Detached Residence

1662 Eucalyptus Drive, Solvang, CA 93463

$3,000,000

9,291 sqft 1.10 AC lot

1.1‑acre multifamily property with 9,291 square feet of building area
Five ground‑level 2‑bedroom, 1‑bath apartment units
Six 1‑bedroom, 1‑bath units, with 3 upstairs and 3 downstairs
Separate detached 2‑bedroom, 1‑bath residence
10‑space parking structure and common coin‑operated laundry area

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This listing looks promising.

Here's a quick look at some key insights for

1662 Eucalyptus Drive, Solvang, CA 93463

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Est. Cap Rate

6.1%
Above avg (5.9%)
Est. NOI

$184K
Annual
Price @ 7% Cap

$2.63M
Suggested

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Updated: Aug 11

Two-Unit Duplex with Garages

916 W Micheltorena Street, Santa Barbara, CA 93101

$1,650,000

1,910 sqft 0.15 AC lot

Two separate 2‑bedroom units totaling 1,910 square feet
0.15‑acre parcel with two residential units
One unit has 2 bathrooms and an attached 2‑car garage
Second unit includes 1 bathroom and a 1‑car garage
Private washer and dryer hookups in both units

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Mixed-Use Property with Shop

285 Dal Porto Lane, Santa Maria, CA 93458

$985,000

1,660 sqft 0.65 AC lot

The site combines a rented residence, shop, and yard space serving three separate tenants.

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Remodeled Furnished Quadplex

1-4-2968 Washington Street, Cuyama, CA 93254

$599,000

2,160 sqft 0.56 AC lot

Four side-by-side units include three furnished short-term rentals and one unit undergoing renovation.

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Updated Duplex with Junior ADU

2937 Glen Albyn Drive, Santa Barbara, CA 93105

$2,400,000

3,398 sqft 0.16 AC lot

Flexible residential property with a permitted Junior ADU, renovated kitchen, private yard, and garage parking.

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Renovated Craftsman Duplex

2422 Fletcher Avenue, Santa Barbara, CA 93105

$2,795,000

1,375 sqft 0.16 AC lot

Two separately metered residences include independent access, climate systems, and in-unit laundry, with approved plans for additional Junior ADUs.

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Four-Unit Quadplex with Communal Pergola

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

$1,995,000

2,012 sqft 0.05 AC lot

R-4 zoned four-unit quadplex with on-site laundry, outdoor storage lockers, and basement bike and beach gear storage.

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Entitled Triplex with Approved Expansion

1611 Castillo St, Santa Barbara, CA 93101

$2,895,000

2,122 sqft 0.39 AC lot

Triplex on a 16,988 SF lot with approved plans for seven units and in-place rental income.

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Restored Craftsman Triplex

321 E Micheltorena Street, Santa Barbara, CA 93101

$3,575,000

1,598 sqft 0.15 AC lot

Three residences combine historic character with newer construction and rooftop entertaining decks.

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Three-Unit Multifamily Property

109 W Orange, Santa Maria, CA 93458

$825,000

0.11 AC lot

Separate residences include a three-bedroom home, a two-bedroom home, and a studio.

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7-Unit Apartment Building

431 Ellwood Beach Dr, Goleta, CA 93117

$2,900,000

6,450 sqft

Two-bedroom residences include covered parking and storage, with select units featuring updated flooring.

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Two-Building Duplex Property

211 W Victoria Street, Santa Barbara, CA 93101

$1,850,000

0.09 AC lot

Two separate structures offer a loft-style residence, cottage, private yards, and covered tandem parking.

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Updated Duplex with Private Garages

518 E Islay Street, Santa Barbara, CA 93101

$2,650,000

0.13 AC lot

Two-unit property with refreshed interiors, private outdoor areas, and attached garages supports flexible residential use.

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Triplex with Mixed Unit Sizes

109 W Orange St, Santa Maria, CA 93458

$825,000

2,284 sqft

Separate residences provide varied bedroom configurations, including a studio, within central Santa Maria.

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Two-Unit Residential Income Duplex

730 N A Street, Lompoc, CA 93436

$665,000

1,536 sqft 0.16 AC lot

Well-maintained duplex in Lompoc with each unit offering 2 bedrooms, 1 bath, indoor laundry, and private outdoor space.

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Duplex with In-Unit Laundry

124 Citrus Avenue, Santa Barbara, CA 93103

$1,740,000

1,456 sqft 0.12 AC lot

R-2 zoned duplex with two separate units, each featuring in-unit washer and dryers, two bedrooms, and one bathroom.

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Two-Story Duplex with Mountain Views

1325 Panchita Pl, Santa Barbara, CA 93103

$1,800,000

1,997 sqft

Two residential units pair period character with private outdoor areas and separate water heaters.

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Duplex with Rooftop Deck

4582 4th Street, Carpinteria, CA 93013

$3,200,000

0.14 AC lot

Two substantial residences offer updated interiors, private outdoor areas, garage parking, and coastal and mountain views.

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Four-Unit Multifamily Property

5387 8th St, Carpinteria, CA 93013

$1,997,000

1,850 sqft

Two residences are vacant, with shared laundry and rear-alley vehicle access.

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Remodeled Quadplex with Laundry

415 Rancheria Street, Santa Barbara, CA 93101

$3,950,000

0.17 AC lot

Four residences feature in-unit laundry and current one-year leases.

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Two-Home Duplex Property

318 W Cota St, Santa Barbara, CA 93101

$2,400,000

1,318 sqft

Two separate homes offer distinct layouts, updated systems, and residential income-property use in an R-4 setting.

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Apartment Building with 100 Cottages

1324 N Broadway, Santa Maria, CA 93454

$9,500,000

3.95 AC lot

C-2 zoned, vacant apartment property with 100 fully-furnished cottages designed for immediate occupancy.

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Two-Unit Residential Income Duplex

916 W Micheltorena St, Santa Barbara, CA 93101

$1,650,000

1,910 sqft

Well-maintained duplex in Santa Barbara with two attached garages and separate utilities for each unit.

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100-Cottage Workforce Housing Property

1324 N Broadway, Santa Maria, CA 93454

$100,000

C-2 zoned property with 100 fully-furnished cottages designed for immediate tenancy.

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Santa Barbara County, CA Multifamily Properties Market Trends and Statistics

Explore 93 multifamily properties for sale in Santa Barbara County, CA, showcased through 93 active listings on our real estate platform. These investment opportunities span a total of 192,603 square feet of properties for sale, with an estimated market value of $130,666,647.

Sale prices for multifamily properties in Santa Barbara County, CA start at $100,000, averaging $2,252,873, and reaching up to $9,500,000 — 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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