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Santa Barbara, CA Residential Income Properties for Sale

34 results
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Santa Barbara Triplex with Garages
$2,875,000
1,567 SF

Santa Barbara Triplex with Garages

1917 Bath St, Santa Barbara, CA 93101

Triplex in Santa Barbara with craftsman home and rental income.

  • High rental income potential: $10,825 total monthly income from three units.
  • Craftsman style home built in 1917 with original character.
  • Three separate rental units (3 bed/2 bath, 2 bed/1 bath, and studio).
  • Three one‑car garages.
  • Original features: Wood floors, coffered ceilings, built‑ins, crown moldings, and fireplace.
Updated: Dec 9, 2025
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Santa Barbara Duplex with Views
$2,295,000

Santa Barbara Duplex with Views

514 E Islay St, Santa Barbara, CA 93101

Renovated duplex in prime location near downtown Santa Barbara.

  • Prime Santa Barbara location with city views and ocean peeks.
  • Duplex generates $10,000/month gross rental income.
  • Both units are beautifully renovated and single level.
  • Each unit has 2 beds/1.5 baths and approximately 980 sqft of living space.
  • Each unit includes a private balcony, laundry room, storage room, and carport.
Updated: Nov 6, 2025
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Remodeled Mixed-Use Property Downtown
$5,995,000
2,389 SF

Remodeled Mixed-Use Property Downtown

Downtown Santa Barbara mixed-use property with residential and short-term rental units.

6 E Valerio St, Santa Barbara, CA 93101
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Versatile Santa Barbara Property
$1,700,000
1,342 SF

Versatile Santa Barbara Property

Charming property near State Street, suitable for commercial or residential.

136 West Figueroa St, Santa Barbara, CA 93101
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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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Remodeled Mixed-Use Property Downtown
$5,995,000
2,389 SF

Remodeled Mixed-Use Property Downtown

Mixed-use property with residential and short-term rental income potential.

6 E Valerio St, Santa Barbara, CA 93101
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Remodeled Mixed-Use Santa Barbara Property
$5,995,000
2,389 SF

Remodeled Mixed-Use Santa Barbara Property

Mixed-use property with residential and short-term rental income potential.

6 E Valerio St, Santa Barbara, CA 93101
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Santa Barbara Multifamily Development Opportunity
Pending
$3,200,000
0.30 Acres

Santa Barbara Multifamily Development Opportunity

Triplex with permits for 5 additional units in downtown Santa Barbara.

215 E Victoria St, Santa Barbara, CA 93101
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Remodeled Mixed-Use Santa Barbara Property
$5,995,000
2,389 SF

Remodeled Mixed-Use Santa Barbara Property

Mixed-use property with residential and short-term rental potential.

6 E Valerio St, Santa Barbara, CA 93101
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Restaurant and Residence in Santa Barbara
$5,900,000
4,067 SF

Restaurant and Residence in Santa Barbara

Restaurant, residence, and development potential in prime location.

322 W Cabrillo Blvd, Santa Barbara, CA 93101
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Iconic Santa Barbara Apartment Property
$10,500,000

Iconic Santa Barbara Apartment Property

Iconic apartment property in premium West Beach location.

111 Chapala St, Santa Barbara, CA 93101
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Two Homes Steps From Downtown
$1,999,000

Two Homes Steps From Downtown

Two homes on one lot near downtown Santa Barbara.

630 Pico Ave, Santa Barbara, CA 93103
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Office Space with Apartment
$3,100,000
4,688 SF

Office Space with Apartment

Office space with a rear one-bedroom apartment, leased through 2025.

111 E Arrellaga St, Santa Barbara, CA 93101
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Updated Duplex with Ocean Views
$1,295,000

Updated Duplex with Ocean Views

Santa Barbara duplex with remodeled units and ocean views.

126 Santa Ynez St, Santa Barbara, CA 93103
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Santa Barbara Multifamily Property
$2,295,000

Santa Barbara Multifamily Property

Two spacious units with city-to-sea views in Santa Barbara.

1750 Prospect Ave, Santa Barbara, CA 93103
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Charming Multifamily with Ocean Views
$2,950,000

Charming Multifamily with Ocean Views

Four-unit property with ocean views in Santa Barbara.

513 E Pedregosa St, Santa Barbara, CA 93103
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Two-Story Medical Office Building
$3,495,000

Two-Story Medical Office Building

Two-story medical office with apartments near Cottage Hospital.

517 W Junipero St, Santa Barbara, CA 93105
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Victorian Showpiece in Historic District
$2,395,000

Victorian Showpiece in Historic District

Rare vacant Victorian with income potential near State Street.

532 Brinkerhoff Ave, Santa Barbara, CA 93101
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Santa Barbara Multifamily Investment Opportunity
$2,500,000

Santa Barbara Multifamily Investment Opportunity

Four-unit multifamily property near downtown Santa Barbara with upside potential.

4817 San Gordiano Ave, Santa Barbara, CA 93111
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Remodeled Santa Barbara Income Property
$3,395,000

Remodeled Santa Barbara Income Property

Three-unit residential property with ocean and city views.

1418 Alta Vista Rd, Santa Barbara, CA 93103
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Three Homes in Lower Riviera
$3,340,000

Three Homes in Lower Riviera

Three freestanding homes near Downtown Santa Barbara and beaches.

1107 E Cota St, Santa Barbara, CA 93103
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Goleta Multifamily Investment Opportunity
$2,995,000

Goleta Multifamily Investment Opportunity

Six-unit multifamily property in Goleta with strong rental demand.

5859 Mandarin Dr, Santa Barbara, CA 93117
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Multifamily Property in Oak Park
$12,495,000

Multifamily Property in Oak Park

40-unit multifamily property in Santa Barbara's desirable Oak Park neighborhood.

1825 Chapala St, Santa Barbara, CA 93101
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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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Santa Barbara, CA Residential Income Properties Investment Opportunities Market Analysis

Explore 941 residential income properties for sale in Santa Barbara, CA, showcased through 34 active listings on our real estate platform. These investment opportunities span a total of 99,762,865 square feet of properties for sale, with an estimated market value of $644,600,000.

Prices for residential income properties in Santa Barbara, CA start at $95,000, averaging $1,538,424, and reaching up to $28,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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