4817 San Gordiano Avenue, SANTA BARBARA, CA 93111 (MLS# 25-3653)

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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

Overview

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.

Listing Details MLS# 25-3653

Location Info

District: 30 - SB/GOL SOUTH
Street #: 4817
Street Name: San Gordiano
Street Suffix: Avenue
State: CA
Country: US
Postal Code: 93111
Compass Map: Santa Barbara
Map Grid: J11
County: Santa Barbara
Parcel Number: 065-471-006
Cross Street: Turnpike

Contract Info

Price: 2400000
Begin Date: 2025-10-01

Property Information

Number of Units: 4
Stories: 2
Year Built: 1964
Main House SqFt: 3928
Apx # Acres: 0.19
Apx Lot SqFt: 8276
Recurring Fees: No

Remarks

Hot Sheet Comment: price

Owner Info

Deposit: 75000

Miscellaneous

Parking Spaces: 4
# Refrigerators: 4
# Stoves: 4

More Information

Unit 1

# Units: Yes
# Bedrooms: 3
# Baths: 2
Furnished: N
Rent: 4100
Monthly Total: 4023
# Half Baths: 0

Unit 2

# Units: Yes
# Bedrooms: 2
# Baths: Yes
Rent: 3200
# Half Baths: 0

Unit 3

# Units: Yes
# Bedrooms: 2
# Baths: Yes
Rent: 3049
Monthly Total: 3049
# Half Baths: 0

Unit 4

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 2600
Monthly Total: 2600
# Half Baths: 0

Meters

Sep Meter Elec: Y

Neighborhood/Schools

Elementary School: El Camino
Junior High School: LaColina
High School: San Marcos

Condition

Good: Yes

Foundation

Slab: Yes

Proximity

Near Bus: Yes
Near Ocean: Yes
Near School(s): Yes

Laundry

Bldg: Yes

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): Yes

Heating

Wall: Yes
GFA: Yes

Pets

Yes: Yes

Zoning

R-3: Yes

Reports Available

Home Inspection: Yes
Pest Inspection: Yes
Prelim: Yes
Struct: Yes
CCR'S Inc: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking Info

Carport: Yes
Cpt #4: Yes
Outside: Yes

Flr/Wdw Coverings

Carpet: Yes
Wood/Laminate: Yes

Pub Listing Details

None: Yes

Owner Provides

Water: Yes
Trash: Yes

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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