1018 Garden Street, SANTA BARBARA, CA 93101 (MLS# 26-1582)

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1018 Garden Street, SANTA BARBARA, CA 93101

$7,600,000

1018 Garden St - first floor plan Unit 1

1018 Garden St - first floor plan Unit 2

1018 Garden St - first floor plan Unit 3

1018 Garden St - first floor plan Unit 4

1018 Garden St - first floor plan Unit 5

1018 Garden St - first floor plan Unit 6

1018 Garden St - first floor plan Unit 7

1018 Garden St - first floor plan Unit 8

Property Type: Commercial Sale Square Footage: 4,101 Lot Size (sq. ft.): 9,583 Status: Active

Current Price: $7,600,000 List Date: 5/13/2026 Last Modified: 5/13/2026

Overview

Description

An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value.

Supplements: The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-st ... (Read more)

Listing Details MLS# 26-1582

Location Info

District: 15 - SB/EAST OF STATE
Street #: 1018
Street Name: Garden
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Number: 029-221-033
Cross Street: E Carrillo St

Contract Info

Price: 7600000
Seller Consider Concessions: Yes
Begin Date: 2026-05-13

Property Information

TYP: Office
For Sale/Lease: For Sale
Year Remodeled: 23
Stories: 2
#Offices: 13
Gross Sq Ft: 4101
Apx Lot SqFt: 9583

Owner Info

Deposit: 228000

Remarks

Hot Sheet Comment: new

Business Info

Doing Business As: Casa Jardin

More Information

Condition

Excellent: Yes

Heating

Forced Air: Yes

Cooling

A/C Central: Yes

Use

Other: Yes

Zoning

C-2: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Business Type

Bus Other: Yes

Owner Pays

Other: Yes

Parking

Uncovrd: Yes
Other: Yes

Covenant

Yes: Yes

Contingent Remarks

SUBJ 2 INSPECT: Yes

Lease Assumable

No: Yes

Reports

Other: Yes

1031 Exchange

Poss: Yes

Property Features

Use: Other Business Type: Bus Other Zoning: C-2 Condition: Excellent Owner Pays: Other Parking: Uncovrd; Other Cooling: A/C Central Heating: Forced Air Covenant: Yes Lease Assumable: No Reports: Other 1031 Exchange: Poss Terms: Cash Listing Type: ER Contingent Remarks: SUBJ 2 INSPECT

Listing Office: Hayes Commercial Group

Last Updated: May - 13 - 2026

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