930 Philinda Avenue, Santa Barbara, CA 93103 - Berkshire Hathaway HomeServices California Properties

Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053

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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)

Status: Pending

MLS# 25-2843

List price is $3,495,000 Reduced by $205,000 on 4/9/2026

Beds: 0

Baths: 0

Built in 1977

2 stories

15246.00 acres

Lot size: 0.3500

Subdivision: 15 or 20 - Downtown