601 Eucalyptus Avenue, SANTA BARBARA, CA 93101 (MLS# 26-620)

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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

Overview

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.

Listing Details MLS# 26-620

Location Info

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

Contract Info

Price: 2900000
Financing: Cash
Begin Date: 2026-02-26

Status Information

Sold Date: 2026-03-16
Under Contract Date: 2026-02-27

Property Information

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

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 87000

More Information

Unit 1

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

Unit 2

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

Unit 3

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

Unit 4

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

Neighborhood/Schools

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

Zoning

Other: Yes

Terms

OTHER/CLA: Yes

Listing Type

ER: Yes

Parking Info

Outside: Yes

Property Features

Parking Info: Outside Zoning: Other Terms: OTHER/CLA Listing Type: ER

Listing Office: Hayes Commercial Group

Last Updated: March - 16 - 2026

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