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
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 generates income on their investment.
More Information MLS# 25-954
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: Anapamu
District: 20 - SB/WEST OF STATE
Street #: 1124
Street Name: Castillo
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 039-212-035
Contract Info
Seller Consider Concessions: Yes
Current Price: $3,800,000
Price: 4400000
Begin Date: 2025-03-06
Status: Closed
Property Information
For Sale/Lease: For Sale
Year Remodeled: 20
Stories: 1
#Offices: 5
Total Bathrooms: 7
Apx Lot SqFt: 10558
TYP: Business
Total SqFt.: 3459
Owner Info
Deposit: 139500
Remarks
Hot Sheet Comment: price
Condition
Excellent: 1
Amenities
Fire Spkl: 1
Sky Light: 1
Cable TV: 1
ADA Compliant: 1
Heating
GFA: 1
Cooling
A/C Central: 1
Use
Other: 1
Zoning
Other: 1
Terms
Cash: 1
Listing Type
ER: 1
Owner Pays
Heat: 1
Elec: 1
Gas: 1
Wtr: 1
Taxes: 1
Trash: 1
Cbl TV: 1
Janitr: 1
Ins: 1
Ext Main: 1
Int Main: 1
Parking
Uncovrd: 1
Contingent Remarks
SUBJ 2 INSPECT: 1
1031 Exchange
No: 1
Status Change Info
Sold Date: 2025-10-15
Sold Price: $3,800,000
Under Contract Date: 2025-08-08
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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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.
