930 Philinda Avenue, SANTA BARBARA, CA 93103
$3,495,000
Property Type:
Res Inc
Square Footage:
5,428
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$3,495,000
List Date:
12/02/2025
Last Modified:
4/09/2026
Description
Incredible multifamily opportunity in the heart of Santa Barbara. This substantial fourplex features a desirable mix of single-level and townhouse-style residences, each offering 3 bedrooms, 2 bathrooms, a fireplace, and dedicated carport parking. Ideally situated just blocks from the Santa Barbara Bowl and moments from downtown, the property benefits from strong tenant demand and broad renter appeal. Units A, B, and C are now vacant, creating a rare opportunity to reposition for prime market-rate rents or pursue an owner-user setup, while Unit D provides immediate in-place income. An onsite laundry facility adds convenience and enhances operational efficiency. With meaningful upside potential in a supply-constrained market, this offering stands out as a compelling investment property.
More Information MLS# 25-2843
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: P11
Cross Street: E Carrillo Street
District: 15 - SB/EAST OF STATE
Street #: 930
Street Name: Philinda
Street Suffix: Avenue
State: CA
Postal Code: 93103
County: Santa Barbara
Parcel Number: 029-313-001
Property Information
Year Built: 1977
Stories: 2
Apx Lot SqFt: 15246
Apx # Acres: 0.35
Main House SqFt: 5428
Recurring Fees: No
Number of Units: 4
Neighborhood/Schools
Elementary School: Franklin
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
Proximity
Near Bus: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Unit 1
# Units: 1
# Bedrooms: 3
# Baths: 2
# Half Baths: 0
Furnished: N
Rent: 4725
M/M: 1
Monthly Total: 4725
Income/Expenses
Capitalization Rate: 5
Estimated: 1
Unit 2
# Units: 1
# Bedrooms: 3
# Baths: 2
Rent: 0
Monthly Total: 0
Zoning
C-2: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 1
# Bedrooms: 3
# Baths: 2
M/M: 1
Unit 4
# Units: 1
# Bedrooms: 3
# Baths: 2
M/M: 1
Meters
Sep Meter Wtr: N
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Total # Carport Spaces: 4
Total # Unconvered Spaces: 4
Contract Info
Current Price: $3,495,000
Price: 3495000
Begin Date: 2025-07-25
Status: Active
NeighborhoodSchools
Neighborhood: 15 or 20 - Downtown
Property Features
Unit 1: M/M
Unit 3: M/M
Unit 4: M/M
Condition: Good
Proximity: Near Bus; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Zoning: C-2
Terms: Cash; Conventional
Listing Type: ER
Documents
Preliminary Title Report ›
Listing Office:
Goodwin & Thyne Properties
Last Updated: April - 09 - 2026
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