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1617 Chapala Street A, B, C, D, SANTA BARBARA, CA 93101

$5,000,000
Property Type: Res Inc Square Footage: 4,868 Status: Active
Current Price: $5,000,000 List Date: 3/16/2026 Last Modified: 4/03/2026

Description

This is a rare opportunity to acquire four (4) individually addressed townhomes in downtown Santa Barbara, California-- their first time to market since construction in 1985. Each residence is separately metered and sits on its own APN, supporting flexible ownership, operational efficiency, and full control over future disposition. See ''more''

Supplements: The homes feature a highly desirable 2BD/2.5BA layout with large 2-car garages, plus rarely found outdoor living space in the form of spacious private backyards and balcony decks. The combination of privacy, parking, and outdoor space positions the property strongly for long-term rental demand and pride-of-ownership appeal. Given the Property's separate-title townhome structure, it is expected that the units may qualify as alienable separate-title residential housing and therefore are generally anticipated to be exempt from certain statewide and local tenant protec¬tion measures, including California's Tenant Protection Act (AB 1482), Santa Barbara's temporary rent increase moratorium, and select Just Cause eviction requirements.* * The applicability of any exemption is highly fact-specific and may depend on ownership structure, tenant occupancy, lease documentation, and statutory notice compliance. Accordingly, no representation or guar¬antee is made regarding regulatory status, and all buyers are encouraged to confirm applicability through independent legal review.

More Information MLS# 26-825

Location Info

Unit/Space #: A, B, C, D Country: US Compass Map: Santa Barbara Map Grid: O12 Cross Street: W Valerio St District: 20 - SB/WEST OF STATE Street #: 1617 Street Name: Chapala Street Suffix: Street State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 027-540-008

Property Information

Year Built: 1985 Main House SqFt: 4868 Recurring Fees: No Number of Units: 4

Neighborhood/Schools

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

Owner Info

Deposit: 150000

Remarks

Hot Sheet Comment: new

Unit 1

# Units: 1 # Bedrooms: 2 # Baths: 2 # Half Baths: 1 Rent: 4200 Monthly Total: 4200

Unit 2

# Units: 3 # Bedrooms: 2 # Baths: 2 # Half Baths: 1 Rent: 4200 Monthly Total: 4200

Zoning

Other: 1

Terms

OTHER/CLA: 1

Listing Type

ER: 1

Contract Info

Current Price: $5,000,000 Price: 5000000 Begin Date: 2026-03-16 Status: Active

Property Features

Zoning: Other Terms: OTHER/CLA Listing Type: ER
Listing Office: Hayes Commercial Group
IDX
Last Updated: April - 03 - 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.

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