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4817 San Gordiano Avenue, 
Santa Barbara, CA 93111

$2,350,000


—

Bed


—

Bath


3,928

Sq Ft


Multi-Family

Active

Listed by

Joel Butera

Berkshire Hathaway HomeServices California Properties

Last updated:

October 3, 2026, 03:06 PM

MLS#

25-3653

Source:

SBAOR

About This Home

4817 San Gordiano Avenue

NO CITY RENT CONTROL HERE!!! Prime Santa Barbara 4-Unit Multifamily Investment Opportunity Ideally positioned just off Turnpike Road, this well-maintained four-unit multifamily property presents an attractive opportunity to acquire a versatile income-producing asset in one of Santa Barbara's most established residential markets. The property offers convenient access to the US 101 Freeway and is only minutes from downtown Santa Barbara, providing residents with easy connectivity to employment centers, shopping, dining, recreation, and everyday amenities. Situated on an approximately 8,776-square-foot lot, the property encompasses approximately 3,560 square feet of living space and features a desirable unit mix designed to appeal to a broad range of tenants: one 1-bedroom/1-bathroom u two 2-bedroom/1-bathroom units, and one 3-bedroom/2-bathroom unit. Each residence benefits from one dedicated covered parking space, an increasingly valuable amenity in Santa Barbara. The property's location contributes to a strong and convenient residential setting, with nearby retail shopping, restaurants, parks, and neighborhood services. Its proximity to San Marcos High School, along with quick access to major transportation routes, further enhances the property's appeal to prospective tenants and supports long-term rental demand. Not subject to City Rental Rules. For an investor, the property offers an appealing combination of existing rental income, four-unit scale, and meaningful upside potential. Opportunities may include continued rent growth, strategic cosmetic improvements, and selective property enhancements designed to improve the tenant experience and increase overall income. With its well-balanced unit mix, dedicated parking, established location, and potential for future value creation, this offering represents an opportunity to acquire a Santa Barbara multifamily asset with both current income and long-term upside.

Home Facts

Multi-Family

Built in 1964

Price Summary

2,350,000

$598 per Sq. Ft.

MLS #:

25-3653

Last Updated:

October 3, 2026, 03:06 PM

Added:

a year ago


Rooms & Interior

Interior

Living Area:

3,928 Sq. Ft.


Structure

Structure

Year Built:

1964


Lot

Lot Size (Sq. Ft):

8,276


Finances & Disclosures

Finances

Price:

$2,350,000

Price per Sq. Ft:

$598 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of October 6, 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.