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601 Eucalyptus Avenue, SANTA BARBARA, CA 93101

$2,750,000
Property Type: Res Inc Square Footage: 5,486 Lot Size (sq. ft.): 10,971 Status: Closed
Current Price: $2,750,000 List Date: 2/26/2026 Last Modified: 3/16/2026

Description

Five of the six units have been thoughtfully updated over the years and as recently as 2025, with newer flooring and modern kitchen cabinetry and tiled backsplashes, refreshed bathrooms, and other up¬dates to enhance appeal and rental upside. Unit #1, which is closer to original condition than the other units, features an oversized private outdoor patio. The property offers low-maintenance landscaping, is separately metered for gas and electricity, provides ample on-site parking for each unit (2 spaces per unit), and recent capital improvements including updated electrical panels, newer windows, and completed sewer lateral work.

More Information MLS# 26-620

Location Info

Country: US Cross Street: Modoc Rd District: 20 - SB/WEST OF STATE Street #: 601 Street Name: Eucalyptus Street Suffix: Avenue State: CA Postal Code: 93101 County: Santa Barbara Parcel Number: 043-050-020

Contract Info

Financing: Cash Current Price: $2,750,000 Price: 2900000 Begin Date: 2026-02-26 Status: Closed

Property Information

Year Built: 1971 Apx Lot SqFt: 10971 Main House SqFt: 5486 Recurring Fees: No Number of Units: 6

Neighborhood/Schools

Elementary School: Harding Junior High School: LaCumbre High School: S.B. Sr.

Owner Info

Deposit: 87000

Remarks

Hot Sheet Comment: new

Unit 1

# Units: 6 # Bedrooms: 2 # Baths: 1 # Half Baths: 0 Rent: 3250 Monthly Total: 6500

Unit 2

# Units: 1 # Bedrooms: 2 # Baths: 1 Rent: 3350 Monthly Total: 3350

Zoning

Other: 1

Terms

OTHER/CLA: 1

Listing Type

ER: 1

Unit 3

# Units: 1 # Bedrooms: 2 # Baths: 1 Rent: 3060 Monthly Total: 3060

Unit 4

# Units: 2 # Bedrooms: 2 # Baths: 1 Monthly Total: 5860

Parking Info

Outside: 1

Status Information

Sold Date: 2026-03-16 Sold Price: $2,750,000 Under Contract Date: 2026-02-27

Property Features

Parking Info: Outside Zoning: Other Terms: OTHER/CLA Listing Type: ER
Listing Office: Hayes Commercial Group
IDX
Last Updated: March - 16 - 2026
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