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1415-1417 Park Place, 
Santa Barbara, CA 93103

$2,650,000


—

Bed


—

Bath


-

Sq Ft


Multi-Family

Active

Listed by

Ken Switzer

Berkshire Hathaway HomeServices California Properties

Last updated:

October 8, 2026, 10:04 PM

MLS#

26-3402

Source:

SBAOR

About This Home

1415-1417 Park Place

1415+1417 Park Place is a competitively-priced and well cared-for 6-unit 2-building multi-family investment, located at the edge of Santa Barbara as it transitions to Montecito via Old Coast Highway. The configuration of the 2 buildings is especially well-suited for an owner-occupant in the recently-vacated 2-unit Victorian home with 12-foot ceilings, with mortgage/expenses paid from ~$10K monthly rent from the 1980-built 4 x 1-BR building separated across the driveway. Or re-rent the 2 vacant units in the home to revive the total income to the recent ~$17,200/month (~$206K annual). The sellers have made approx. $350K of upgrades in the last 3 years, incl. mostly all new roofs. See unbranded Offering Memorandum in Documents for more details. Don't miss this value opportunity!

Home Facts

Multi-Family

Built in 1980

Price Summary

2,650,000

MLS #:

26-3402

Last Updated:

October 8, 2026, 10:04 PM

Added:

4 day(s) ago


Structure

Structure

Year Built:

1980


Lot

Lot Size (Sq. Ft):

10,454


Finances & Disclosures

Finances

Price:

$2,650,000

Source:SBAOR
Based on information from the Santa Barbara MLS as of October 11, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.