Well-maintained fourplex located in a desirable Santa Barbara location. The property offers an attractive unit mix consisting entirely of two-bedroom units and currently provides immediate rental or owner-occupancy opportunities with two vacant units. The carports and carport structure present an excellent opportunity for potential ADU development, subject to city approval and applicable regulations.
Significant recent capital improvements, including a new roof, exterior repairs and paint, updated electrical service, plumbing improvements, replacement water heaters, and Unit #1 has been fully
remodeled with recent improvements totaling over $50k, help minimize near-term maintenance expenses and enhance the property’s appeal.
With two vacant units and projected gross rents of approximately $13,900 per month, the property presents an attractive value-add opportunity for investors seeking immediate rental upside and strong long-term income potential.
Significant recent capital improvements, including a new roof, exterior repairs and paint, updated electrical service, plumbing improvements, replacement water heaters, and Unit #1 has been fully
remodeled with recent improvements totaling over $50k, help minimize near-term maintenance expenses and enhance the property’s appeal.
With two vacant units and projected gross rents of approximately $13,900 per month, the property presents an attractive value-add opportunity for investors seeking immediate rental upside and strong long-term income potential.
Listing Provided Courtesy of Steve Golis at Radius Commercial RE
Property Details
Price:
$2,350,000
MLS #:
26002232
Status:
Active
Beds:
8
Baths:
0
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
99outofarea
Listed Date:
Nov 4, 2026
Total Sq Ft:
3,332
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1969
See this Listing
Schools
Interior
Cooling
None
Heating
Wall Furnace
Laundry Features
Common
Exterior
Lot Features
Corner
Parking Features
1 – 5, Covered, Private Lot, Street
Roof
Composition
Stories
2
Financial
Map
Community
- Address333 E Micheltorena Street Santa Barbara CA
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93101
Subdivisions in Santa Barbara
Market Summary
Current real estate data for Single Family in Santa Barbara as of Nov 07, 2026
16
Single Family Listed
169
Avg DOM
$3,578,125
Avg List Price
Property Summary
- 333 E Micheltorena Street Santa Barbara CA is a Single Family for sale in Santa Barbara, CA, 93101. It is listed for $2,350,000 and features 8 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1969. The average listing price for Single Family in Santa Barbara is $3,578,125. To schedule a showing of MLS#26002232 at 333 E Micheltorena Street in Santa Barbara, CA, contact your JoAnn Outland Real Estate agent at 18054415574.
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