223 W Arrellaga Street, Santa Barbara, CA 93101

$1,950,000
5
BD
5
BA
2,814
SqFt

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List Price
$1,950,000
Status
ACTIVE
MLS#
26-3574
Property Type
Home/Estate
Bedrooms
5
Bathrooms
5
Living Area
2,814
Region
SB/WEST OF STATE
Year Built
1903

Property Description

Classic Santa Barbara Craftsman triplex presenting a rare multi-unit opportunity in a coveted downtown corridor just blocks from State Street. The property features a prime unit mix consisting of a two-story 2BD/1.5BA residence, an upstairs 2BD/1.5BA unit, and a ground-floor 1BD/1.5BA unit. Timeless architectural details such as covered porches and character-rich framing pair seamlessly with extensive recent capital improvements, including a new roof, new skylights, fresh exterior wood repair and paint, updated lighting, new rear divider fencing, and refreshed grounds. A standout feature is the rare inclusion of two separate one-car garages with reinforced framing, and additional off-street potential. Ideal for an owner-user looking to offset carrying costs with premium rental income or .. an investor seeking turnkey downtown rental stock with private yard space and strong long-term upside.

Additional Information

Elementary School
Adams
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.16
Construction
Two
Laundry
Laundry Room, Not in-unit
Living Area
2,814
Parking Garage
Detached
Region
SB/WEST OF STATE
Roof
Composition
Style
Craftsman
Terms
Cash, Conventional
Zoning
R-4

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Listing courtesy of Berkshire Hathaway HomeServices California Properties.