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
$2,995,000
1611 Castillo St, Santa Barbara, CA 93101
5beds
3baths
2,122sqft
Multi Family
Built in 2006
-- sqft lot
$2,889,800 Zestimate®
$1,411/sqft
$-- HOA
What's special
- 17 days |
- 442 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Jonathan P Standring 01893163 805-453-5097,
Beachside Partners
Source: SBMLS,MLS#: 26-1953
Loading...
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: $1,411/sqft
- Tax assessed value: $2,175,476
- Annual tax amount: $22,982
- Date on market: 6/18/2026
- Cumulative days on market: 18 days
- Listing terms: Conventional,Cash
Estimated market value
$2,889,800
$2.75M - $3.03M
$5,827/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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 | -- | $84,199 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Oak Park
Nearby schools
GreatSchools rating
- 9/10Peabody Charter SchoolGrades: K-6Distance: 1.6 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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Local buyer's agents are ready to help
- California
- Santa Barbara County
- Santa Barbara
- 93101
- Oak Park
- 1611 Castillo St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Santa Barbara Topics
