E Olive
Santa Barbara, CA, 93101
$3,795,000
Located in the heart of downtown Santa Barbara, this multifamily investment property presents a rare opportunity, featuring a mix of newly constructed and renovated buildings. Three of the six units were built from the ground up between 2023 and 2024, while the remaining three have been extensively improved, all with market rents in place. Offered at a current 5.47% cap rate and a GRM of 12.71, the property is ideal for investors seeking a more passive investment. Tenants enjoy exceptional walkability, with a Walk Score of 94 and a Bike Score of 99, providing easy access to Santa Barbara’s most exciting destinations including Arnoldi’s, Santa Barbara’s iconic Italian restaurant and the emerging Haley corridor. Total current monthly income is $25,650.
Current real estate data for Single Family in Santa Barbara as of Nov 16, 2025
31
Single Family Listed
84
Avg DOM
1,969
Avg $ / SqFt
$7,806,026
Avg List Price
Property Details
Price:
$3,795,000
MLS #:
V1-27351
Status:
Pending
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
vc81
Listed Date:
Jan 3, 2025
Total Sq Ft:
6,000
Lot Size:
10,019 sqft / 0.23 acres (approx)
Year Built:
2024
Schools
Interior
Flooring
TILE, LAM, CARP
Laundry Features
SEE
Exterior
Community Features
CW
Financial
Map
Contact Us
Mortgage Calculator
Community
- AddressE Olive Santa Barbara CA
- SubdivisionNot Applicable
- CitySanta Barbara
- CountySanta Barbara
- Zip Code93101
Subdivisions in Santa Barbara
Property Summary
- Located in the Not Applicable subdivision, E Olive Santa Barbara CA is a Single Family for sale in Santa Barbara, CA, 93101. It is listed for $3,795,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 2024. The average price per square foot for Single Family listings in Santa Barbara is $1,969. The average listing price for Single Family in Santa Barbara is $7,806,026. To schedule a showing of MLS#v1-27351 at E Olive in Santa Barbara, CA, contact your Outland and Associates / JoAnn Outland agent at 8054417754.
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Courtesy of Beachside Partners. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Outland and Associates / JoAnn Outland include the name of the listing broker. Neither the listing company nor Outland and Associates / JoAnn Outland shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. E Olive
Santa Barbara, CA