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    Santa Barbara, CA Residential Income Properties for Sale

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    Residential Income Property with ADU
    Updated: Jun 24
    Residential Income Property with ADU

    2937 Glen Albyn Drive, Santa Barbara, CA 93105

    $2,599,000
    3,398 sqft 0.16 AC lot
    Nearly 3,400 sq ft home in the Peabody School Attendance Area with 4 bedrooms and 4 bathrooms
    Permitted ADU (Junior Additional Dwelling Unit) for flexible living arrangements or potential added income
    Recently renovated kitchen with designer cabinetry, quartz countertops, and newer stainless steel appliances
    Updated baths and polished concrete floors downstairs, plus expansive flex space for media room, gym, office, or play room
    Upgrades include dual‑pane windows and sliding doors, solid core interior doors, upgraded electrical panel, and tankless water heater
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    This listing looks promising.

    Here's a quick look at some key insights for

    2937 Glen Albyn Drive, SANTA BARBARA, CA 93105

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    • Est. Cap Rate

      2.9%
      NOI ÷ price

    • Est. NOI

      $75K
      Annual

    • Price @ 7% Cap

      $1.07M
      Suggested

    • Property Type

      Single Family Residence
      Built 1977
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    Renovated Duplex with Junior ADUs
    Updated: Jun 16
    Renovated Duplex with Junior ADUs

    2422 Fletcher Avenue, Santa Barbara, CA 93105

    $2,995,000
    1,375 sqft 0.16 AC lot
    Main residence: single‑level 3‑bedroom, 2‑bath home with soaring ceilings and abundant natural light
    Upstairs fully independent 1‑bedroom, 1‑bath apartment with its own private entrance
    Both units have separate meters and separate addresses (A & B), plus separate AC/heating systems
    In‑unit laundry for both units; flooring includes vinyl and tile
    Heating: forced air; cooling: central air
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    Santa Barbara Multifamily Investment Opportunity
    Santa Barbara Multifamily Investment Opportunity

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

    $1,995,000
    2,012 sqft 0.05 AC lot

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

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    Four-Unit Duplex Multifamily Property
    Four-Unit Duplex Multifamily Property

    102 S Voluntario St, Santa Barbara, CA 93103

    $2,850,000
    2,308 sqft 0.20 AC lot

    Four-unit multifamily asset made up of two duplexes with renovated one-bed units and newly constructed two-bed units.

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    Santa Barbara Duplex on Lower East
    Santa Barbara Duplex on Lower East

    124 Citrus Avenue, Santa Barbara, CA 93103

    $1,740,000
    1,456 sqft 0.12 AC lot

    Well-maintained duplex in a convenient Santa Barbara location.

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    Restored Craftsman Triplex with Rooftops
    Restored Craftsman Triplex with Rooftops

    321 E Micheltorena Street, Santa Barbara, CA 93101

    $3,875,000
    1,598 sqft 0.15 AC lot

    Three residences combine restored Craftsman character with two 2020-era units featuring rooftop entertaining decks.

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    Remodeled Quadplex Near SBCC
    Remodeled Quadplex Near SBCC

    415 Rancheria Street, Santa Barbara, CA 93101

    $3,950,000
    0.17 AC lot

    Four remodeled units offer in-unit laundry and one-year leases, close to SBCC and the beach.

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    Four Townhomes in Downtown Santa Barbara
    Four Townhomes in Downtown Santa Barbara

    1621 Chapala St, Santa Barbara, CA 93101

    $5,000,000
    4,868 sqft

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

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    Remodeled Duplex in Santa Barbara
    Remodeled Duplex in Santa Barbara

    518 E Islay Street, Santa Barbara, CA 93101

    $2,650,000

    Turnkey duplex near landmarks, remodeled with modern amenities.

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    Entitled Triplex with Approved Expansion
    Entitled Triplex with Approved Expansion

    1611 Castillo Street, Santa Barbara, CA 93101

    $2,995,000
    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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    Two-Unit Residential Income Duplex
    Two-Unit Residential Income Duplex

    916 W Micheltorena St, Santa Barbara, CA 93101

    $1,895,000
    1,910 sqft

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

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    Santa Barbara Six-Unit Apartment Building
    Santa Barbara Six-Unit Apartment Building

    601 Eucalyptus Ave, Santa Barbara, CA 93101

    $2,900,000
    5,486 sqft

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

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    Multifamily Property with Two Units
    Multifamily Property with Two Units

    2549 Treasure Dr, Santa Barbara, CA 93105

    $1,600,000

    Two-unit multifamily property available for purchase.

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    Mixed-Use Automotive and Residential Building
    Mixed-Use Automotive and Residential Building

    810 Bond Ave, Santa Barbara, CA 93103

    Contact for pricing

    Spanish-style mixed-use building with an auto service unit, office unit, and three residential apartments.

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    Boutique Multifamily Property with ADU
    Boutique Multifamily Property with ADU

    1416 Bath Street, Santa Barbara, CA 93101

    Contact for pricing

    Newly constructed 2022 ADU plus off-street parking and modern on-site laundry support stable multifamily income.

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    Four-Unit Residential Income Property
    Four-Unit Residential Income Property

    4834 San Gordiano Ave, Santa Barbara, CA 93111

    Contact for pricing

    Four-unit residential income property with off-street parking and large private patios for the downstairs units.

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    Freestanding Quadplex Residences
    Freestanding Quadplex Residences

    1115 Quinientos St, Santa Barbara, CA 93103

    Contact for pricing

    Portfolio offering includes a freestanding residence with multiple units, each featuring bedrooms, baths, and attached two-car garage parking.

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    Freestanding Quadplex Residence
    Freestanding Quadplex Residence

    1113 Quinientos St, Santa Barbara, CA 93103

    Contact for pricing

    Portfolio includes four freestanding 3-bedroom, 3-bath residences built around 2010 in very good condition.

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    Apartment Building with Patios
    Apartment Building with Patios

    1402 San Pascual St, Santa Barbara, CA 93101

    Contact for pricing

    Seven-building apartment complex with 75 units across two parcels, offering private patios and upstairs pitched ceilings.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Santa Barbara, CA, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

    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
    APARTMENT HOUSE (5+ UNITS)

    215 Victoria St, Santa Barbara, CA 93101-2055

    Value Estimation by Request
    2,708 sqft 0.29 AC lot
    View details
    530 San Pascual St
    APARTMENT HOUSE (5+ UNITS)

    530 San Pascual St, Santa Barbara, CA 93101-4456

    $3,600,000
    Estimated value
    0.30 AC lot
    View details
    128 Arrellaga St
    APARTMENT HOUSE (5+ UNITS)

    128 Arrellaga St, Santa Barbara, CA 93101-2948

    $2,700,000
    Estimated value
    0.26 AC lot
    View details
    1021 San Andres St
    APARTMENT HOUSE (5+ UNITS)

    1021 San Andres St, Santa Barbara, CA 93101-4359

    $2,295,000
    Estimated value
    0.20 AC lot
    View details
    403 Anapamu St
    APARTMENT HOUSE (5+ UNITS)

    403 Anapamu St, Santa Barbara, CA 93101-1334

    Value Estimation by Request
    6,180 sqft 0.21 AC lot
    View details

    Santa Barbara, CA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Santa Barbara, CA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 26,533 square feet of properties for sale, with an estimated market value of $28,844,000.

    Sale prices for residential income properties in Santa Barbara, CA start at $1,740,000, averaging $2,884,400, 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 19
    Quadplexes 7
    Duplexes 6
    Triplexes 3
    Apartment buildings 2

    Demographics Overview

    Population 191K
    Population Growth (5Y) -2.4%
    Median Household Income $112,487
    College Educated 34.5%

    High-Yield Neighborhoods for Investment

    Identify Santa Barbara submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93103 $1.9M
    93105 $2.2M
    93101 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.98%
    Property Tax per SF $14.13 per SF
    Tax Rate vs County Average 0.06 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Santa Barbara County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Santa Barbara fall within the 10,000 to 25,000 square foot range.

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