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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
IDX
Last Updated: April - 16 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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