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    Santa Barbara, CA Multifamily Properties for Sale

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    Los Angeles, CA Lancaster, CA California City, CA
    11 results
    Downtown Santa Barbara Triplex Opportunity
    $2,150,000
    0.21 Acres

    Downtown Santa Barbara Triplex Opportunity

    1428-1424 De La Vina Street, Santa Barbara, CA 93101

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

    • Triplex in prime downtown Santa Barbara location.
    • Excellent income‑generating potential with projected rent of $12,650.
    • Off‑street parking included.
    • Main house: 2 bed, 2 bath craftsman with hardwood floors, remodeled kitchen and bath, and 3 fireplaces.
    • Includes a 1‑bedroom apartment with loft and a large 1‑bedroom apartment.
    Updated: Dec 28, 2025
    View details
    Remodeled Duplex in Santa Barbara
    $2,650,000

    Remodeled Duplex in Santa Barbara

    518 E Islay Street, Santa Barbara, CA 93101

    Turnkey duplex near landmarks, remodeled with modern amenities.

    • Prime location provides easy access to Santa Barbara's attractions.
    • Extensively remodeled from 2025‑2026 with contemporary architecture and an all‑electric design.
    • Duplex configuration ideal for owner‑user or rental income.
    • Fully rebuilt kitchens and bathrooms with custom cabinetry and new appliances.
    • Spacious outdoor decks promote seamless indoor‑outdoor living.
    Updated: Feb 11
    View details
    Santa Barbara Duplex For Sale
    $1,895,000
    0.15 Acres

    Santa Barbara Duplex For Sale

    West side duplex in a great location, close to everything.

    916 W Micheltorena Street, Santa Barbara, CA 93101
    View details
    Updated Santa Barbara Multifamily Home
    $2,775,000
    0.16 Acres

    Updated Santa Barbara Multifamily Home

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

    2937 Glen Albyn Drive, Santa Barbara, CA 93105
    View details
    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
    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 Street, Santa Barbara, CA 93101
    View details
    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
    View details
    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
    View details
    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
    View details
    Santa Barbara Multifamily Opportunity
    $1,585,000

    Santa Barbara Multifamily Opportunity

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

    2117 Oak Park Ln, Santa Barbara, CA 93105
    View details
    Santa Barbara Spanish Colonial Revival Property
    $2,595,000
    3,085 SF

    Santa Barbara Spanish Colonial Revival Property

    Iconic property with redevelopment potential in a prime Santa Barbara location.

    1500 Anacapa St, Santa Barbara, CA 93101
    View details
    Based on your search, we've compiled 926 Potential Opportunities for your consideration. Besides 11 Active listings in Santa Barbara, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 907 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Downtown Ventura Triplex
    $1,695,000

    Historic Downtown Ventura Triplex

    Character-rich triplex with ocean views in Historic Downtown Ventura.

    570 Poli Street, Ventura, CA 93001
    View details
    Multifamily
    $965,000

    Multifamily

    Triplexes

    201 S E Street, Oxnard, CA 93030
    View details
    Oxnard Development Opportunity on Corner
    Contact for pricing
    2,500 SF

    Oxnard Development Opportunity on Corner

    0.25 acre corner lot suitable for mixed-use or multifamily development.

    310 N A St, Oxnard, CA 93030
    View details
    Approved Westside Housing Development Project
    $999,000
    5,580 SF

    Approved Westside Housing Development Project

    Approved 10-unit development project on Ventura's Westside.

    637 Sheridan Way, Ventura, CA 93001
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Vacant Land Near Hansen Dam
    $3,500,000

    Vacant Land Near Hansen Dam

    6.95 acres of vacant land near major freeways.

    11819 Kagel Cyn, Los Angeles, CA 91342
    View details
    Land in Picfair Village
    $1,495,000
    0.16 Acres

    Land in Picfair Village

    Vacant land approved for 20-unit multifamily project in prime location.

    1562 S Fairfax Ave, Los Angeles, CA 90019
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    View details
    Development Opportunity with DTLA Views
    $799,000
    9,746.00 Acres

    Development Opportunity with DTLA Views

    Land with potential for up to 23 units.

    700 Lookout Dr, Los Angeles, CA 90012
    View details

    Explore Off-Market Properties in Santa Barbara, CA

    Consider similar Off-Market properties in Santa Barbara, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    215 Victoria St

    215 Victoria St

    APARTMENT HOUSE (5+ UNITS) • 2,708 SF
    Value Estimation by Request
    215 Victoria St, Santa Barbara, CA 93101-2055
    View details
    530 San Pascual St

    530 San Pascual St

    APARTMENT HOUSE (5+ UNITS) • 0.30 Acres
    Value Estimation
    $3,600,000
    530 San Pascual St, Santa Barbara, CA 93101-4456
    View details
    128 Arrellaga St

    128 Arrellaga St

    APARTMENT HOUSE (5+ UNITS) • 0.26 Acres
    Value Estimation
    $2,700,000
    128 Arrellaga St, Santa Barbara, CA 93101-2948
    View details
    1021 San Andres St

    1021 San Andres St

    APARTMENT HOUSE (5+ UNITS) • 0.20 Acres
    Value Estimation
    $2,295,000
    1021 San Andres St, Santa Barbara, CA 93101-4359
    View details
    403 Anapamu St

    403 Anapamu St

    APARTMENT HOUSE (5+ UNITS) • 6,180 SF
    Value Estimation by Request
    403 Anapamu St, Santa Barbara, CA 93101-1334
    View details
    2220 Oak Park Ln

    2220 Oak Park Ln

    APARTMENT HOUSE (5+ UNITS) • 0.34 Acres
    Value Estimation
    $4,400,000
    2220 Oak Park Ln, Santa Barbara, CA 93105-4270
    View details
    305 Rancheria St

    305 Rancheria St

    APARTMENT HOUSE (5+ UNITS) • 2.13 Acres
    Value Estimation by Request
    305 Rancheria St, Santa Barbara, CA 93101-4593
    View details
    1726 De La Vina St

    1726 De La Vina St

    APARTMENT HOUSE (5+ UNITS) • 0.25 Acres
    Value Estimation
    $2,900,000
    1726 De La Vina St, Santa Barbara, CA 93101-2946
    View details
    622 Victoria St

    622 Victoria St

    APARTMENT HOUSE (5+ UNITS) • 0.18 Acres
    Value Estimation
    $5,925,000
    622 Victoria St, Santa Barbara, CA 93103-2235
    View details
    15 Islay St

    15 Islay St

    APARTMENT HOUSE (5+ UNITS) • 0.17 Acres
    Value Estimation
    $1,850,000
    15 Islay St, Santa Barbara, CA 93101-2498
    View details
    317 Yanonali St

    317 Yanonali St

    APARTMENT HOUSE (5+ UNITS) • 0.51 Acres
    Value Estimation by Request
    317 Yanonali St, Santa Barbara, CA 93101-3831
    View details
    408 Pedregosa St

    408 Pedregosa St

    APARTMENT HOUSE (5+ UNITS) • 4,510 SF
    Value Estimation
    $2,160,000
    408 Pedregosa St, Santa Barbara, CA 93101-2893
    View details
    410 Sola St

    410 Sola St

    APARTMENT HOUSE (5+ UNITS) • 793 SF
    Value Estimation
    $1,265,000
    410 Sola St, Santa Barbara, CA 93101-8546
    View details

    Santa Barbara, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 918 multifamily properties for sale in Santa Barbara, CA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 99,757,637 square feet of properties for sale, with an estimated market value of $630,335,000.

    Sale prices for multifamily properties in Santa Barbara, CA start at $95,000, averaging $1,511,594, 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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    Browse Multifamily properties for Sale Near Santa Barbara, CA

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    Most Searched ZIP Codes in Santa Barbara, CA

    • 93101
    • 93105

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