About This Home

This 5-bedroom, 0-bathroom residential multi family at 319 W Arrellaga Street in Santa Barbara, CA is listed for $1,849,500. Built in 1925, on a 0.10 acres lot.

Key Features

  • Built in 1925
  • 0.10 acre lot

Property Details

3 full, 1 half
1925
Listing Description

Two meticulously remodeled cottages in a prime downtown Santa Barbara location! Offering the perfect blend of historic charm and modern elegance. The front home is 3 bedrooms, 1.5 bath, while the back home is a 2 bedroom & 1 bath. The back unit is located above the 2-car garage.

Each home has it's own outdoor living space and a washer/dryer. Plans and permits are in process for a 3rd unit (garage conversion) for a 2 bed, 1 bath with a private yard. This unique property provides turn-key income in addition to value-added potential, Appealing to both investors and homeowners seeking an income-generating retreat or family compound.

Monthly Cost Estimate

$9,892/mo

20% down · 6.5% · 30 years

Principal$1,338
Interest$8,015
Insurance$539

Estimates only. Actual payments may vary.

Location

319 W Arrellaga Street

Santa Barbara, CA 93101

15 or 20 - Downtown

Property Details

Parking

Garage

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 319 W Arrellaga Street is listed at $1,849,500. The estimated monthly payment is $9,891 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.10 acre lot.

This property is listed by Summer Knight.

SK

Summer Knight

Agent at Sun Coast Real Estate

Listed by Sun Coast Real Estate · Broker phone: (805) 895-0313 · View on Broker Site · Broker website

MLS# 26-2954· Source: Santa Barbara Multiple Listing Service· 56 days on PropertySimple

Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

319 W Arrellaga Street, Santa Barbara, CA 93101

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