Rare opportunity to acquire an 11-unit apartment building in one of Santa Barbara's most desirable rental locations. Ideally situated approximately .7 miles from Cottage Hospital and approximately .4 miles from Trader Joe's, this centrally located property offers convenient access to the De La Vina Corridor, downtown Santa Barara, waterfront beaches, shopping and major freeways.
Your tenants can enjoy the benefits of living in a vibrant Santa Barbara neighborhood with convenient access to dining, coffee shops, outdoor recreation, parks, scenic beaches and a desirable coastal climate.
Consisting of 11 units, 3 x 2 bedroom/ 1 bath units, 4 x 1 bedroom/1 bath units and 4 studios (one without kitchen).
Active
$4,000,000
228 W Alamar Ave, Santa Barbara, CA 93105
3beds
4baths
6,900sqft
Multi Family
Built in 1964
-- sqft lot
$-- Zestimate®
$580/sqft
$-- HOA
What's special
- 4 days |
- 96 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Steve Heller 00929496 805-252-2749,
Berkshire Hathaway HomeServices California Properties,
John Finseth 01336897,
Berkshire Hathaway HomeServices California Properties
Source: SBMLS,MLS#: 26-2367
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Electric
Cooling
- None
Appliances
- Laundry: Bldg
Features
- Flooring: Vinyl, Carpet
- Has fireplace: No
Interior area
- Total interior livable area: 6,900 sqft
Property
Parking
- Total spaces: 11
- Parking features: Carport, Garage
- Garage spaces: 2
- Carport spaces: 8
- Covered spaces: 10
- Uncovered spaces: 1
Lot
- Size: 0.29 Acres
- Features: Near Public Transit
Details
- Parcel number: 051213010
- Zoning: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Slab, Mixed
Condition
- Good
- Year built: 1964
Community & HOA
Location
- Region: Santa Barbara
Financial & listing details
- Price per square foot: $580/sqft
- Date on market: 7/17/2026
- Cumulative days on market: 4 days
- Listing terms: Conventional,Cash
- Total actual rent: 24600
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Listed for sale | $4,000,000$580/sqft |
Source:  SBMLS #26-2367 Report a problem | ||
Public tax history
Tax history is unavailable.
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
- 7/10Adams Elementary SchoolGrades: K-6Distance: 0.5 mi
- 6/10La Cumbre Junior High SchoolGrades: 7-8Distance: 0.8 mi
- 8/10San Marcos Senior High SchoolGrades: 9-12Distance: 3.5 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.
- $--1 bd1 ba798 sqft224 W Alamar Ave #C, Santa Barbara, CA 93105Off Market
- $692,3002 bd1 ba1k sqft226 W Alamar Ave, Santa Barbara, CA 93105Off Market
- $691,4001 bd1 ba796 sqft224 W Alamar Ave #3, Santa Barbara, CA 93105Off Market
- $619,2001 bd1 ba798 sqft224 W Alamar Ave #4, Santa Barbara, CA 93105Off Market
- $620,2001 bd1 ba796 sqft224 W Alamar Ave #5, Santa Barbara, CA 93105Off Market
- $--1 bd1 ba796 sqft224 W Alamar Ave #A, Santa Barbara, CA 93105Off Market
- $1,574,8003 bd2 ba1.1k sqft222 W Alamar Ave, Santa Barbara, CA 93105Off Market
- $--2 bd1 ba816 sqft234 W Alamar Ave #5, Santa Barbara, CA 93105Off Market
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.
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