1221 Chapala Street, SANTA BARBARA, CA 93101 (MLS# 25-1796)

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1221 Chapala Street, SANTA BARBARA, CA 93101

$4,200,000

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https://www.1221chapala.com/mls/162770561

Property Type: Commercial Sale Baths: 6 Square Footage: 8,186 Lot Size (sq. ft.): 7,405 Status: Closed

Current Price: $4,200,000 List Date: 5/06/2025 Last Modified: 1/26/2026

Overview

Description

Ideally located in downtown Santa Barbara. Spanish-style 3-story fully leased mixed-use building. Located on the 3rd floor is a luxury 2,370+ sq/ft 2-bedroom 2-bath view penthouse with a large view deck off the living room for entertaining. Plus, a rooftop deck & spa with 360-degree views of Santa Barbara. Located on the ground floor 2750+sq/ft retail/office space. Second floor 2,864+ sq/ft multiple office space with a large private view deck. Elevator service to all floors. 12 designated parking spaces plus city parking across the street. One block off State St, close to the historical theater arts section. across from SB Public Market Vic, Arlington & Granada Theaters. Enjoy restaurants, shops & downtown amenities. A rare & unique offering.

Listing Details MLS# 25-1796

Location Info

District: 20 - SB/WEST OF STATE
Street #: 1221
Street Name: Chapala
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 039-172-002
Cross Street: Victoria

Contract Info

Price: 4750000
Financing: CTNL+2nd
Seller Consider Concessions: Yes
Begin Date: 2025-05-06

Property Information

TYP: Business
For Sale/Lease: For Sale
Stories: 3
#Offices: 11
Total Bathrooms: 6
Gross Sq Ft: 8186
Apx # Acres: 0.17
Year Built: 0

Owner Info

Deposit: 142500

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2026-01-26
Under Contract Date: 2025-09-08

More Information

Condition

Excellent: Yes

Amenities

Views: Yes
Elevator: Yes
Fire Spkl: Yes
Meter/Gas: Yes
Meter/Elec: Yes
Meter/Wtr: Yes
ADA Compliant: Yes

Heating

GFA: Yes

Cooling

A/C Central: Yes

Use

Office: Yes
Retail/Commercial: Yes
Residential: Yes
Mixed Use: Yes

Zoning

C-2: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Owner Pays

Heat: Yes
Elec: Yes
Gas: Yes
Wtr: Yes
Taxes: Yes
Trash: Yes
Ins: Yes
Ext Main: Yes

Parking

Carport: Yes
Uncovrd: Yes
Pub/Lot: Yes
Reservd: Yes

Contingent Remarks

CONTACT AGENT: Yes

Real Estates Incl

Yes: Yes

Reports

Prelim: Yes
NHD: Yes

1031 Exchange

Poss: Yes

Property Features

Use: Office; Retail/Commercial; Residential; Mixed Use Zoning: C-2 Condition: Excellent Owner Pays: Heat; Elec; Gas; Wtr; Taxes; Trash; Ins; Ext Main Parking: Carport; Uncovrd; Pub/Lot; Reservd Cooling: A/C Central Heating: GFA Amenities: Views; Elevator; Fire Spkl; Meter/Gas; Meter/Elec; Meter/Wtr; ADA Compliant Real Estates Incl: Yes Reports: Prelim; NHD 1031 Exchange: Poss Terms: Cash; Conventional Listing Type: ER Contingent Remarks: CONTACT AGENT

Listing Office: Coast and Valley Properties

Last Updated: January - 26 - 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.