1611 Castillo Street, SANTA BARBARA, CA 93101 (MLS# 26-1953)

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1611 Castillo Street, SANTA BARBARA, CA 93101

$2,995,000

Property Type: Res Inc Square Footage: 2,122 Lot Size (sq. ft.): 16,988 Status: Active

Current Price: $2,995,000 List Date: 6/18/2026 Last Modified: 6/18/2026

Overview

Description

1611 Castillo Street offers a rare opportunity to acquire a well-located Santa Barbara triplex on a 16,988 SF lot, fully entitled for an additional seven total units. The property provides strong in-place income with approved plans for a clear near-term path to added density and future upside. Existing improvements include three well-maintained units: a remodeled 2BD/1BA and 1BD/1BA renovated in 2018, plus a 1BD/1BA built in 2006 with central HVAC and a gas fireplace. Each unit includes a private garage and dedicated storage. Minutes from downtown, the beach, Cottage Hospital, State Street, Funk Zone, and transit, 1611 Castillo offers investors a compelling opportunity to grow income in a supply-constrained coastal market.

Listing Details MLS# 26-1953

Location Info

District: 20 - SB/WEST OF STATE
Street #: 1611
Street Name: Castillo
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Number: 027-161-010
Cross Street: Arrellaga

Contract Info

Price: 2995000
Seller Consider Concessions: Yes
Begin Date: 2026-06-11

Property Information

Number of Units: 3
Stories: 3
Year Built: 2006
Main House SqFt: 2122
Apx # Acres: 0.39
Apx Lot SqFt: 16988
Recurring Fees: No

NeighborhoodSchools

Neighborhood: 15 or 20 - Downtown

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Miscellaneous

Parking Spaces: 10
# Refrigerators: 3
# Stoves: 3

Unit 1

# Units: Yes
# Bedrooms: 2
# Baths: Yes
Rent: 3454
Monthly Total: 3454
# Half Baths: 0
Lease: Yes

Unit 2

# Units: Yes
# Bedrooms: 2
# Baths: Yes
Rent: 3205
Monthly Total: 3205
Lease: Yes

Unit 3

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 2555
Monthly Total: 2555
Lease: Yes

Meters

Sep Meter Wtr: N
Sep Meter Elec: Y
Sep Meter Gas: Yes

Neighborhood/Schools

Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.

Condition

Excellent: Yes
Good: Yes

Foundation

Slab: Yes
Raised: Yes

Proximity

Near Bus: Yes
Near Coffee Shop: Yes
Near Downtown: Yes
Near Golf Course: Yes
Near Grocery: Yes
Near Hospital: Yes
Near Ocean: Yes
Near Park(s): Yes
Near School(s): Yes
Near Shopping: Yes
Near Tennis/Pickleball: Yes
Near UCSB: Yes

Laundry

In Unit: Yes
Laundry Room: Yes

Amenities

Deck: Yes
Patio: Yes

Heating

Forced Air: Yes

Cooling

A/C Other: Yes
A/C Central: Yes

Zoning

CLA: Yes
Other: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking Info

Carport: Yes
Garage: Yes
Outside: Yes

Flr/Wdw Coverings

Hardwood: Yes
Wood/Laminate: Yes
Tile: Yes

Exchange

Poss: Yes

Property Features

Unit 1: Lease Unit 2: Lease Unit 3: Lease Condition: Excellent; Good Foundation: Slab; Raised Parking Info: Carport; Garage; Carport; Outside Proximity: Near Bus; Near Coffee Shop; Near Downtown; Near Golf Course; Near Grocery; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping; Near Tennis/Pickleball; Near UCSB Laundry: In Unit; Laundry Room Amenities: Deck; Patio Cooling: A/C Central; A/C Other Heating: Forced Air Zoning: CLA; Other Exchange: Poss Terms: Cash; Conventional Listing Type: ER

Listing Office: Beachside Partners

Last Updated: June - 18 - 2026

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