1611 Castillo Street offers a rare opportunity to acquire a well-located Santa Barbara triplex on a 16,988 SF lot, fully entitled for an additional seven total units. The property provides strong in-place income with approved plans for a clear near-term path to added density and future upside. Existing improvements include three well-maintained units: a remodeled 2BD/1BA and 1BD/1BA renovated in 2018, plus a 1BD/1BA built in 2006 with central HVAC and a gas fireplace. Each unit includes a private garage and dedicated storage. Minutes from downtown, the beach, Cottage Hospital, State Street, Funk Zone, and transit, 1611 Castillo offers investors a compelling opportunity to grow income in a supply-constrained coastal market.
Active
Price cut: $100K (8/6)
$2,895,000
1611 Castillo St, Santa Barbara, CA 93101
5beds
3baths
2,122sqft
Multi Family
Built in 2006
-- sqft lot
$2,802,200 Zestimate®
$1,364/sqft
$-- HOA
What's special
- 69 days |
- 364 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan P Standring 01893163 805-453-5097,
Beachside Partners
Source: SBMLS,MLS#: 26-1953
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Forced Air
Cooling
- Other, Central Air
Appliances
- Laundry: Laundry Room, In Unit
Features
- Flooring: Hardwood, Tile, Wood/Laminate
- Has fireplace: No
Interior area
- Total interior livable area: 2,122 sqft
Property
Parking
- Total spaces: 10
- Parking features: Outside, Garage, Carport
Features
- Stories: 3
Lot
- Size: 0.39 Acres
- Features: Near Public Transit
Details
- Parcel number: 027161010
- Zoning: Other, CLA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab, Raised
Condition
- Excellent,Good
- Year built: 2006
Community & HOA
Community
- Subdivision: 15 or 20 - Downtown
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $1,364/sqft
- Tax assessed value: $2,218,984
- Date on market: 6/18/2026
- Cumulative days on market: 70 days
- Listing terms: Conventional,Cash
Estimated market value
$2,802,200
$2.66M - $2.94M
$5,804/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $2,895,000-3.3%$1,364/sqft |
Source:  SBMLS #26-1953 Report a problem | ||
| 6/18/2026 | Listed for sale | $2,995,000+46.1%$1,411/sqft |
Source: SBMLS #26-1953 Report a problem | ||
| 2/15/2022 | Sold | $2,050,000-3.5%$966/sqft |
Source: SBMLS #22-426 Report a problem | ||
| 6/20/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 6/19/2021 | Pending sale | $2,125,000$1,001/sqft |
Source: Owner Report a problem | ||
| 4/20/2021 | Listed for sale | $2,125,000+2.4%$1,001/sqft |
Source: Owner Report a problem | ||
| 1/1/2021 | Listing removed | -- |
Source:  Keller Williams via MLS Report a problem | ||
| 6/14/2020 | Listed for sale | $2,075,000$978/sqft |
Source: Keller Williams Realty Santa Barbara #20-1553 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,218,984 +2% |
| 2025 | $22,982 +1.7% | $2,175,476 +2% |
| 2024 | $22,589 +3.9% | $2,132,820 +4% |
| 2023 | $21,745 +0.1% | $2,050,000 +914.6% |
| 2022 | $21,725 +952.5% | $202,048 +2% |
| 2021 | $2,064 +1.1% | $198,087 +1% |
| 2020 | $2,042 +1.8% | $196,057 +2% |
| 2019 | $2,005 +0.8% | $192,214 +2% |
| 2018 | $1,989 +4.3% | $188,446 +2% |
| 2017 | $1,908 -1.8% | $184,752 +2% |
| 2016 | $1,943 +2.8% | $181,130 +1.5% |
| 2015 | $1,890 | $178,410 +2% |
| 2014 | $1,890 | $174,916 +2.5% |
| 2012 | -- | $170,713 +2% |
| 2011 | -- | $167,367 +0.8% |
| 2010 | -- | $166,117 -0.2% |
| 2009 | -- | $166,512 +2% |
| 2008 | -- | $163,248 +2% |
| 2007 | -- | $160,048 +2% |
| 2006 | -- | $156,910 +18.1% |
| 2005 | -- | $132,835 +48.7% |
| 2003 | -- | $89,349 +2% |
| 2002 | -- | $87,598 +2% |
| 2001 | -- | $85,882 +2% |
| 2000 | -- | $84,199 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Oak Park
Nearby schools
GreatSchools rating
- 8/10Harding University PartnershipGrades: K-6Distance: 0.6 mi
- 3/10Santa Barbara Junior High SchoolGrades: 7-8Distance: 1.5 mi
- 6/10Santa Barbara Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Peabody
- Middle: S.B. Jr.
- High: S.B. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $---- bd-- ba200 sqft1611 Castillo St #D, Santa Barbara, CA 93101Off Market
- $--2 bd1 ba1.5k sqft1611 Castillo St #B, Santa Barbara, CA 93101Off Market
- $--2 bd1 ba950 sqft1611 Castillo St UNIT 2, Santa Barbara, CA 93101Off Market
- $--1 bd1 ba650 sqft1611 Castillo St #1, Santa Barbara, CA 93101Off Market
- $--1 bd1 ba900 sqft1611 Castillo St #C, Santa Barbara, CA 93101Off Market
- $1,135,7002 bd2 ba740 sqft1608 Castillo St, Santa Barbara, CA 93101Off Market
- $---- bd-- ba-- sqft1617 Castillo St APT 5, Santa Barbara, CA 93101Off Market
- $1,546,9002 bd1 ba950 sqft1617 Castillo St APT 1, Santa Barbara, CA 93101Off Market
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