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27-29 E Arrellaga Street, 
Santa Barbara, CA 93101

$2,400,000


Bed


Bath


2,950

Sq Ft


Multi-Family

Active

Listed by

Christos Celmayster

Hayes Commercial Group

Last updated:

July 18, 2025, 09:56 PM

MLS#

25-2746

Source:

SBAOR

About This Home

27-29 E Arrellaga Street

Charming fourplex just half a block from State Street and moments from Santa Barbara's Arts & Theatre district, Alice Keck Gardens, Alameda Park, and the bounty of shops and other services downtown has to offer. This two-story rental property features four 1BD/1BA units, each with their own deck. Additional features include two one-car garages, separate laundry room, and mature landscaping with multiple fruit trees. Three units are generously sized at 760 SF, while the fourth unit totals approximately 670 SF. Originally built as a mixed-use property in 1947 — which included a small dental office, three residential units and three garages — the property was converted to 100% residential in 1995. See ''more'' Truly a unique investment property given its superb location and large units. Reports: Preliminary Title Report, General Building Inspection, Pest Report, Roof Report, Sewer Lateral, Leases, & Financials To Show: CLA

Home Facts

Multi-Family

Built in 1995

Price Summary

2,400,000

$813 per Sq. Ft.

MLS #:

25-2746

Last Updated:

July 18, 2025, 09:56 PM

Added:

3 day(s) ago


Rooms & Interior

Interior

Living Area:

2,950 Sq. Ft.


Structure

Structure

Year Built:

1995


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$2,400,000

Price per Sq. Ft:

$813 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of July 21, 2025 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

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.