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333 E Carrillo Street, SANTA BARBARA, CA 93101

$3,675,000
Property Type: Res Inc Status: Active
Current Price: $3,675,000 List Date: 11/10/2025 Last Modified: 2/23/2026

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

More Information MLS# 25-4120

Location Info

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

Property Information

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

Neighborhood/Schools

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

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: price

Condition

Good: 1

Miscellaneous

Parking Spaces: 8

Unit 1

# Units: 8 # Bedrooms: 1 # Baths: 1 # Half Baths: 0 Furnished: N Rent: 17562 Monthly Total: 17562

Income/Expenses

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

Unit 2

# Units: 2 # Bedrooms: 1 # Baths: 1 Rent: 6239

Zoning

Other: 1

Reports Available

Prelim: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Contract Info

Current Price: $3,675,000 Price: 3675000 Begin Date: 2025-11-10 Status: Active

Property Features

Condition: Good Zoning: Other Reports Available: Prelim Terms: Cash; Conventional Listing Type: ER
Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: February - 23 - 2026
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