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223-225 W Arrellaga Street, SANTA BARBARA, CA 93101

$2,195,000
Property Type: Res Inc Square Footage: 2,814 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $2,195,000 List Date: 3/12/2026 Last Modified: 3/18/2026

Description

Classic Santa Barbara two-story Craftsman-style triplex offers a prime multi-unit opportunity in a highly sought-after downtown location. The property features a versatile configuration including a 2-bedroom/2-bathroom unit, a 2-bedroom/1-bathroom unit, and a 1-bedroom/1-bathroom unit. Historic architectural details like bay windows and covered porches add timeless character, while the rare inclusion of two one-car garages and additional off-street parking or storage provides significant practical value. Situated just blocks from the State Street corridor, this property combines SB charm with the convenience of urban living and private yard space.

More Information MLS# 26-788

Location Info

Country: US Compass Map: Santa Barbara Map Grid: O12 Cross Street: Bath Walk Score: 90 Bike Score: 96 District: 20 - SB/WEST OF STATE Street #: 223-225 Dir: W Street Name: Arrellaga Street Suffix: Street State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 027-221-002

Contract Info

Seller Consider Concessions: Yes Current Price: $2,195,000 Price: 2195000 Begin Date: 2026-03-12 Status: Active

Property Information

Year Built: 1903 Stories: 2 Apx # Acres: 0.16 Units Furnished: All Units Main House SqFt: 2814 Recurring Fees: No Number of Units: 3

Neighborhood/Schools

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

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Condition

Good: 1

Foundation

Raised: 1

Proximity

Near Bus: 1 Near Hospital: 1 Near Park(s): 1 Near Shopping: 1

Laundry

Laundry Room: 1

Unit 1

# Units: 1 # Bedrooms: 2 # Baths: 2 # Half Baths: 0 Rent: 3370 M/M: 1 Monthly Total: 3370

Income/Expenses

Total Monthly Income: 8805

Unit 2

# Units: 1 # Bedrooms: 2 # Baths: 1 # Half Baths: 0 Rent: 3205 Lease: 1 Monthly Total: 3205

Zoning

R-4: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Unit 3

# Units: 1 # Bedrooms: 1 # Baths: 1 # Half Baths: 0 Rent: 2230 Lease: 1 Monthly Total: 2230

Meters

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

Parking Info

Mixed: 1 Garage: 1 Outside: 1 Total # Garage Spaces: 2

Flr/Wdw Coverings

Carpet: 1 Hardwood: 1 Tile: 1

Pub Listing Details

None: 1

NeighborhoodSchools

Neighborhood: 15 or 20 - Downtown

Property Features

Unit 1: M/M Unit 2: Lease Unit 3: Lease Condition: Good Foundation: Raised Parking Info: Mixed; Garage; Outside Proximity: Near Bus; Near Hospital; Near Park(s); Near Shopping Laundry: Laundry Room Zoning: R-4 Terms: Cash; Conventional Listing Type: ER Pub Listing Details: None
Listing Office: Berkshire Hathaway HomeServices California Properties
IDX
Last Updated: March - 18 - 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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