134 Chapala Street, Santa Barbara, CA 93101

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
134 Chapala Street,Santa Barbara, CA 93101
$7,550,000
  • - Beds
  • - Baths
  • 4,470 sq. ft.
  • Multi-family
  • Active
Listed by: john thyne
Office: goodwin & thyne properties
MLS#:25-3647
Source:SBAOR

Price summary

  • Price:$7,550,000
  • Price per sq. ft.:$1,689.04

About this home

Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and surrounded by high-end hotels, restaurants, and attractions, it offers diverse revenue streams and strong appreciation potential. With Santa Barbara's tourism market continuing to expand, this turn-key asset presents investors a rare opportunity to own a coastal hospitality property in one of California's most supply-constrained and desirable destinations— ideal for stable cash flow, brand growth, or future redevelopment.

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Home facts

  • Year built:2023
  • Listing ID #:25-3647
  • Added:44 day(s) ago
  • Updated:November 15, 2025 at 04:58 PM

Rooms and interior

  • Living area:4,470 sq. ft.

Heating and cooling

  • Heating:Gas Forced Air, Heating

Structure and exterior

  • Year built:2023
  • Building area:4,470 sq. ft.
  • Lot area:0.34 Acres

Schools

  • High school:S.B. Sr.
  • Middle school:S.B. Jr.
  • Elementary school:McKinley

Finances and disclosures

  • Price:$7,550,000
  • Price per sq. ft.:$1,689.04
Based on information from the Santa Barbara MLS as of November 15, 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.