1221 Chapala Street, SANTA BARBARA, CA 93101
$4,200,000
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
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.
More Information MLS# 25-1796
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: O12
Cross Street: Victoria
District: 20 - SB/WEST OF STATE
Street #: 1221
Street Name: Chapala
Street Suffix: Street
State: CA
Postal Code: 93101
County: Santa Barbara
Parcel Number: 039-172-002
Contract Info
Financing: CTNL+2nd
Seller Consider Concessions: Yes
Current Price: $4,200,000
Price: 4750000
Begin Date: 2025-05-06
Status: Closed
Property Information
For Sale/Lease: For Sale
Year Built: 0
Stories: 3
#Offices: 11
Total Bathrooms: 6
Gross Sq Ft: 8186
Apx # Acres: 0.17
TYP: Business
Owner Info
Deposit: 142500
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Amenities
Views: 1
Elevator: 1
Fire Spkl: 1
Meter/Gas: 1
Meter/Elec: 1
Meter/Wtr: 1
ADA Compliant: 1
Heating
GFA: 1
Cooling
A/C Central: 1
Use
Office: 1
Retail/Commercial: 1
Residential: 1
Mixed Use: 1
Zoning
C-2: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Owner Pays
Heat: 1
Elec: 1
Gas: 1
Wtr: 1
Taxes: 1
Trash: 1
Ins: 1
Ext Main: 1
Parking
Carport: 1
Uncovrd: 1
Pub/Lot: 1
Reservd: 1
Contingent Remarks
CONTACT AGENT: 1
Real Estates Incl
Yes: 1
Reports
Prelim: 1
NHD: 1
1031 Exchange
Poss: 1
Status Change Info
Sold Date: 2026-01-26
Sold Price: $4,200,000
Under Contract Date: 2025-09-08
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.