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412 Corona Del Mar, 
Santa Barbara, CA 93103

$4,495,000

—

Bed

—

Bath

5,451

Sq Ft

Multi-Family

Active

Listed by

Ken Switzer

Berkshire Hathaway HomeServices California Properties

Last updated:

July 25, 2026, 02:37 PM

MLS#

26-2413

Source:

SBAOR

About This Home

412 Corona Del Mar

Accessible price point for A+ location apartments by Santa Barbara's waterfront and East Beach, openly for sale for the 1st time since built in 1958. Featuring 8 generous-sized units - 6 x 1-BR over 600 gross SF (meas.), plus 2 x 2-BR over 900 gross SF (meas.) - price is $562K/unit or $825/SF, well below market for the very limited multi-family inventory near the beach of one of world's most renowned coastal communities. Highlights include attractive landscaping around a central green courtyard, high vaulted wood beam ceilings in the 4 upstairs units, moderately updated interiors, and a long pride-of-ownership history. Opportunity for the patient investor to realize long-term cap rates far above historic cap rates for Santa Barbara's beach areas; see pro-forma in unbranded OM in Documents

Home Facts

Multi-Family

Built in 1958

Price Summary

4,495,000

$824 per Sq. Ft.

MLS #:

26-2413

Last Updated:

July 25, 2026, 02:37 PM

Added:

6 day(s) ago

Rooms & Interior

Interior

Living Area:

5,451 Sq. Ft.

Structure

Structure

Year Built:

1958

Lot

Lot Size (Sq. Ft):

10,018

Finances & Disclosures

Finances

Price:

$4,495,000

Price per Sq. Ft:

$824 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of July 27, 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.