223 W Arrellaga Street, SANTA BARBARA, CA 93101 (MLS# 26-3574)

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223 W Arrellaga Street, SANTA BARBARA, CA 93101

$1,950,000

Property Type: Res Bedrooms: 5 Baths: 5 Square Footage: 2,814 Lot Size (sq. ft.): 7,125 Status: Active

Current Price: $1,950,000 List Date: 10/26/2026 Last Modified: 11/03/2026

Overview

Description

Classic Santa Barbara Craftsman triplex presenting a rare multi-unit opportunity in a coveted downtown corridor just blocks from State Street. The property features a prime unit mix consisting of a two-story 2BD/1.5BA residence, an upstairs 2BD/1.5BA unit, and a ground-floor 1BD/1.5BA unit. Timeless architectural details such as covered porches and character-rich framing pair seamlessly with extensive recent capital improvements, including a new roof, new skylights, fresh exterior wood repair and paint, updated lighting, new rear divider fencing, and refreshed grounds. A standout feature is the rare inclusion of two separate one-car garages with reinforced framing, and additional off-street potential. Ideal for an owner-user looking to offset carrying costs with premium rental income or ..

Supplements: an investor seeking turnkey downtown rental stock with private yard space and strong long-term upside.

Open Houses

Tomorrow, 10:00 am - 1:00 pm

Listing Details MLS# 26-3574

Location Info

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

Contract Info

Price: 1950000
Affordable Housing: No
Begin Date: 2026-10-26

Property Information

TYP: Home/Estate
Total Bedrooms: 5
Total Bathrooms: 5
Total Full Baths: 3
Total Half Baths: 2
Year Built: 1903
Total SqFt.: 2814
Source: Public Records
Apx # Acres: 0.16
Apx Lot SqFt: 7125
ADU: No
Within City Limits Y/N: Santa Barbara
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3
Deposit Type: %
COE: ASAP

More Information

Property Features

Condition: Good Style: Craftsman Construction: Two Story Roof: Composition Fencing: Fenced: PRT Patio and Porch Features: Covered; Front Porch Site Improvements: Sidewalks Proximity: Near Bus; Near Downtown; Near Grocery; Near Restaurants; Near Shopping Dining: Dining Area Laundry: Laundry Room; Not in-unit Zoning: R-4 Terms: Cash; Conventional

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: November - 03 - 2026

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