1107-1111 E Cota St, SANTA BARBARA, CA 93103
$6,500,000
Property Type:
Res Inc
Square Footage:
8,853
Lot Size (sq. ft.):
21,780
Status:
Active
Current Price:
$6,500,000
List Date:
4/14/2026
Last Modified:
4/16/2026
Description
Nestled at the base of Santa Barbara's famed Lower Riviera, this exceptional investment opportunity consists of six freestanding homes across two adjacent parcels at 1107 and 1111 E Cota Street, located just minutes from Downtown
Santa Barbara, the Santa Barbara County Bowl, the Funk Zone, a wide variety of shopping, and Santa Barbara's white sand beaches. The offering includes six 3BD/2BA homes, each with an attached two-car garage, ranging in size from approximately 1,300 to 1,600 SF. The homes at 1107 E Cota St were constructed in 1999, while 1111 E
Cota was originally built in the mid-1920s
and substantially remodeled in 1999.
See ''more''
Supplements: Each residence features its own laundry room, exclusive outdoor living space, and separate utility metering, providing privacy and operational efficiency similar to single-family homes. Additionally, 1111 E Cota St includes a lower-level room of 327± SF adjacent to a 480 SF two-car garage, creating the potential to combine the spaces into an 800± SF 2BD ADU, further enhancing rental income and property value. Originally designed and built to be condominiums, this offering presents a rare opportunity for owner-occupants, apartment investors, 1031 exchange buyers, and employee housing buyers, as well as value-add investors pursuing ADU development and/or potential condominium conversion.
More Information MLS# 26-1193
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P11
Cross Street: N Voluntario St
District: 15 - SB/EAST OF STATE
Street #: 1107-1111
Dir: E
Street Name: Cota St
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 031-190-032
Contract Info
Seller Consider Concessions: Yes
Current Price: $6,500,000
Price: 6500000
Begin Date: 2026-04-14
Status: Active
Property Information
Year Built: 1999
Apx Lot SqFt: 21780
Main House SqFt: 8853
Recurring Fees: No
Number of Units: 6
Neighborhood/Schools
Elementary School: Franklin
Junior High School: S.B. Jr.
High School: S.B. Sr.
Owner Info
Deposit: 195000
Remarks
Hot Sheet Comment: new
Condition
Good: 1
Miscellaneous
Parking Spaces: 12
Proximity
Near Bus: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
In Unit: 1
Unit 1
# Units: 6
# Bedrooms: 3
# Baths: 2
# Half Baths: 0
Rent: 32450
Monthly Total: 32450
Income/Expenses
Total Monthly Income: 32450
Annual Income: 389400
Heating
Forced Air: 1
Zoning
R-2: 1
Reports Available
Other: 1
Terms
Cash: 1
OTHER/CLA: 1
Listing Type
ER: 1
Meters
Sep Meter Wtr: Y
Sep Meter Elec: Y
Sep Meter Gas: No
Parking Info
Garage: 1
Flr/Wdw Coverings
Wood/Laminate: 1
Contingent Remarks
SUBJ 2 INSPECT: 1
Owner Provides
None: 1
Exchange
Poss: 1
Property Features
Condition: Good
Parking Info: Garage
Proximity: Near Bus; Near Park(s); Near School(s); Near Shopping
Laundry: In Unit
Heating: Forced Air
Owner Provides: None
Zoning: R-2
Reports Available: Other
Exchange: Poss
Terms: Cash; OTHER/CLA
Listing Type: ER
Contingent Remarks: SUBJ 2 INSPECT
Listing Office:
Hayes Commercial Group
Last Updated: April - 16 - 2026
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