4817 San Gordiano Avenue, SANTA BARBARA, CA 93111
$2,400,000
Property Type:
Res Inc
Square Footage:
3,928
Lot Size (sq. ft.):
8,276
Status:
Active
Current Price:
$2,400,000
List Date:
12/15/2025
Last Modified:
4/08/2026
Description
Prime Santa Barbara 4-Unit Multifamily Investment Opportunity
This well-maintained 4-unit multifamily property is ideally located just off Turnpike Road, offering quick access to the US 101 Freeway and only minutes from downtown Santa Barbara. Its central location places residents near retail shopping, restaurants, parks, and just a short walk from San Marcos High School — ensuring a strong and stable tenant base.
Not subject to City Rental Rules
Situated on an approximately 8,776 SF lot, the property features a 3,560 SF building with a highly desirable unit mix: (1) 1BD/1BA, (2) 2BD/1BA, and (1) 3BD/2BA. Each unit includes one dedicated covered parking space, adding to tenant appeal and convenience.
With significant upside potential through rent growth or light improvements.
More Information MLS# 25-3653
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: J11
Cross Street: Turnpike
District: 30 - SB/GOL SOUTH
Street #: 4817
Street Name: San Gordiano
Street Suffix: Avenue
State: CA
Postal Code: 93111
County: Santa Barbara
Parcel Number: 065-471-006
Property Information
Year Built: 1964
Stories: 2
Apx Lot SqFt: 8276
Apx # Acres: 0.19
Main House SqFt: 3928
Recurring Fees: No
Number of Units: 4
Neighborhood/Schools
Elementary School: El Camino
Junior High School: LaColina
High School: San Marcos
Owner Info
Deposit: 75000
Remarks
Hot Sheet Comment: price
Condition
Good: 1
Foundation
Slab: 1
Miscellaneous
Parking Spaces: 4
# Refrigerators: 4
# Stoves: 4
Proximity
Near Bus: 1
Near Ocean: 1
Near School(s): 1
Laundry
Bldg: 1
Unit 1
# Units: 1
# Bedrooms: 3
# Baths: 2
# Half Baths: 0
Furnished: N
Rent: 4100
Monthly Total: 4023
Income/Expenses
Total Monthly Income: 12949
Annual Income: 155388
Gross Rent Multiplr: 16.08
Insurance: 1925
Water Expense: 393
Electric Expense: 30
Gas Expense: 78
Trash Expense: 121
Maintenance Expense: 350
Total Annual Exp: 13589
Security
Smoke Detector(s): 1
Heating
Wall: 1
GFA: 1
Pets
Yes: 1
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 1
# Half Baths: 0
Rent: 3200
Zoning
R-3: 1
Reports Available
Home Inspection: 1
Pest Inspection: 1
Prelim: 1
Struct: 1
CCR'S Inc: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 2
# Baths: 1
# Half Baths: 0
Rent: 3049
Monthly Total: 3049
Unit 4
# Units: 1
# Bedrooms: 1
# Baths: 1
# Half Baths: 0
Rent: 2600
Monthly Total: 2600
Meters
Sep Meter Elec: Y
Parking Info
Carport: 1
Cpt #4: 1
Outside: 1
Flr/Wdw Coverings
Carpet: 1
Wood/Laminate: 1
Pub Listing Details
None: 1
Owner Provides
Water: 1
Trash: 1
Contract Info
Current Price: $2,400,000
Price: 2400000
Begin Date: 2025-10-01
Status: Active
Property Features
Condition: Good
Foundation: Slab
Parking Info: Carport; Carport; Cpt #4; Outside
Proximity: Near Bus; Near Ocean; Near School(s)
Laundry: Bldg
Security: Smoke Detector(s)
Heating: GFA; Wall
Pets: Yes
Owner Provides: Water; Trash
Zoning: R-3
Reports Available: Home Inspection; Pest Inspection; Prelim; Struct; CCR'S Inc
Terms: Cash; Conventional
Listing Type: ER
Pub Listing Details: None
Listing Office:
Berkshire Hathaway HomeServices California Properties
Last Updated: April - 08 - 2026
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