333 E Carrillo Street, SANTA BARBARA, CA 93101 (MLS# 25-4120)

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333 E Carrillo Street, SANTA BARBARA, CA 93101

$3,300,000

Property Type: Res Inc Status: Pending

Current Price: $3,300,000 List Date: 11/10/2025 Last Modified: 5/20/2026

Overview

Description

Neighboring Property Available - 1011 Laguna! 10-unit multifamily asset ideally situated in the heart of Downtown Santa Barbara, offering an exceptional blend of location, condition, and upside potential. The property features a desirable unit mix of (8) one-bedroom/one-bath and (2) two-bedroom/one-bath apartments. The build-ing has been well-maintained property with beautifully landscaped grounds, and 8 uncovered parking spaces, a valuable amenity in this prime urban location. Several units have been recently refreshed, providing an immediate sense of pride of ownership while still leaving room for further modernization and rent growth.Ideally positioned within walking distance to Downtown Santa Barbara's shops, restaurants, and entertainment. New Roof ∙ All Windows Replaced

Listing Details MLS# 25-4120

Location Info

District: 15 - SB/EAST OF STATE
Street #: 333
Dir: E
Street Name: Carrillo
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 029-221-014
Cross Street: Laguna

Contract Info

Price: 3300000
Begin Date: 2025-11-10

Status Information

Under Contract Date: 2026-05-20

Property Information

Number of Units: 10
Year Built: 1956
Recurring Fees: No

Remarks

Hot Sheet Comment: price

Owner Info

Deposit: 3

More Information

Miscellaneous

Parking Spaces: 8

Unit 1

# Units: 8
# Bedrooms: Yes
# Baths: Yes
Furnished: N
Rent: 17562
Monthly Total: 17562
# Half Baths: 0

Unit 2

# Units: 2
# Bedrooms: Yes
# Baths: Yes
Rent: 6239

Neighborhood/Schools

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

Condition

Good: Yes

Income/Expenses

Total Monthly Income: 23801
Annual Income: 285612
Gross Rent Multiplr: 13.83
Capitalization Rate: 4.28
NOI: 169200

Zoning

Other: Yes

Reports Available

Prelim: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Property Features

Condition: Good Zoning: Other Reports Available: Prelim Terms: Cash; Conventional Listing Type: ER

Documents

Preliminary Report ›

Listing Office: Radius Group Commercial R.E.

Last Updated: May - 20 - 2026

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