15 W Islay Street, Santa Barbara, CA 93101

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
15 W Islay Street,Santa Barbara, CA 93101
$2,295,000
  • - Beds
  • - Baths
  • 3,453 sq. ft.
  • Multi-family
  • Pending
Listed by:steven j golis
Office:radius group commercial r.e.
MLS#:25-3289
Source:SBAOR

Price summary

  • Price:$2,295,000
  • Price per sq. ft.:$664.64

About this home

Opportunity to Own a Prime SB Multi-Family Asset w/ Major Upgrades & Future Value-Add Potential. 15 W. Islay St. features a 1920s duplex w/ (2) 1BD/1BA units & a 1963 triplex w/ (1) 2BD/1BA + (2) 1BD/1BA units, w/ upstairs tenants enjoying a shared balcony. Ideally located between Downtown & Upper State, residents benefit from easy freeway access & nearby shopping, dining & entertainment. Substantial recent upgrades provide a well-maintained asset in a strong rental market. Added value exists through rental upside & the City's ADU program. Current ownership has submitted plans to convert the carport into a Jr. ADU, plus potential for 2 detached ADUs at the rear.

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Home facts

  • Year built:1920
  • Listing ID #:25-3289
  • Added:43 day(s) ago
  • Updated:October 16, 2025 at 08:12 AM

Rooms and interior

  • Living area:3,453 sq. ft.

Structure and exterior

  • Year built:1920
  • Building area:3,453 sq. ft.
  • Lot area:0.17 Acres

Schools

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

Finances and disclosures

  • Price:$2,295,000
  • Price per sq. ft.:$664.64
Based on information from the Santa Barbara MLS as of October 16, 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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