1415-1417 Park Place, Santa Barbara, CA 93103

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1415-1417 Park Place,Santa Barbara, CA 93103
$2,650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ken switzer
Office: berkshire hathaway homeservices california properties
MLS#:26-3402
Source:SBAOR

Price summary

  • Price:$2,650,000

About this home

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!

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Home facts

  • Year built:1980
  • Listing ID #:26-3402
  • Added:1 day(s) ago
  • Updated:October 08, 2026 at 06:53 PM

Heating and cooling

  • Heating:Forced Air, Heating

Structure and exterior

  • Year built:1980
  • Lot area:0.24 Acres
  • Lot Features:Near Public Transit
  • Foundation Description:Raised, Slab

Schools

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

Finances and disclosures

  • Price:$2,650,000

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Carport spaces:2
Based on information from the Santa Barbara MLS as of October 8, 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.