1124 Castillo Street, SANTA BARBARA, CA 93101 (MLS# 25-954)

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1124 Castillo Street, SANTA BARBARA, CA 93101

$3,800,000

Property Type: Commercial Sale Baths: 7 Square Footage: 3,459 Lot Size (sq. ft.): 10,558 Status: Closed

Current Price: $3,800,000 List Date: 3/06/2025 Last Modified: 10/16/2025

Overview

Description

Villa Castillo is a five-suite boutique short-term vacation rental property in downtown Santa Barbara, a half-mile to State Street and moments from the famed Funk Zone and white sand beaches. One of only a few fully permitted short term rental properties allowed in the downtown area, Villa Castillo was completed in May of 2020 with great attention to detail and has been meticulously maintained by the current owner. It offers a unique opportunity for investors looking to capitalize on the approximately 7.2 million visitors to Santa Barbara. The property consists of two large 2BD/2BA suites, each with a full kitchen and their own private laundry, plus three studio suites, each with their own kitchenette and a shared laundry facility. All suites offer plentiful natural light, high ceilings

Supplements: and modern, fully renovated interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio or for a buyer looking for their pied-à-terre in Santa Barbara that not only supports their ownership costs but ge ... (Read more)

Listing Details MLS# 25-954

Location Info

District: 20 - SB/WEST OF STATE
Street #: 1124
Street Name: Castillo
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 039-212-035
Cross Street: Anapamu

Contract Info

Price: 4400000
Seller Consider Concessions: Yes
Begin Date: 2025-03-06

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Remodeled: 20
Stories: Yes
#Offices: 5
Total Bathrooms: 7
Total SqFt.: 3459
Apx Lot SqFt: 10558

Owner Info

Deposit: 139500

Remarks

Hot Sheet Comment: price

Status Change Info

Sold Date: 2025-10-15
Under Contract Date: 2025-08-08

More Information

Condition

Excellent: Yes

Amenities

Fire Spkl: Yes
Sky Light: Yes
Cable TV: Yes
ADA Compliant: Yes

Heating

GFA: Yes

Cooling

A/C Central: Yes

Use

Other: Yes

Zoning

Other: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Owner Pays

Heat: Yes
Elec: Yes
Gas: Yes
Wtr: Yes
Taxes: Yes
Trash: Yes
Cbl TV: Yes
Janitr: Yes
Ins: Yes
Ext Main: Yes
Int Main: Yes

Parking

Uncovrd: Yes

Contingent Remarks

SUBJ 2 INSPECT: Yes

1031 Exchange

No: Yes

Property Features

Use: Other Zoning: Other Condition: Excellent Owner Pays: Heat; Elec; Gas; Wtr; Taxes; Trash; Cbl TV; Janitr; Ins; Ext Main; Int Main Parking: Uncovrd Cooling: A/C Central Heating: GFA Amenities: Fire Spkl; Sky Light; Cable TV; ADA Compliant 1031 Exchange: No Terms: Cash Listing Type: ER Contingent Remarks: SUBJ 2 INSPECT

Listing Office: Hayes Commercial Group

Last Updated: October - 16 - 2025

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