1825 Chapala, Santa Barbara, CA 93101

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
1825 Chapala,Santa Barbara, CA 93101
$12,950,000
  • - Beds
  • - Baths
  • 13,408 sq. ft.
  • Multi-family
  • Active
Listed by:steven j golis
Office:radius group commercial r.e.
MLS#:25-3981
Source:SBAOR

Price summary

  • Price:$12,950,000
  • Price per sq. ft.:$965.84

About this home

1st time on the market in decades! 1825 Chapala Street is a 40unit multifamily property in Santa Barbara's desirable Oak Park neighborhood. Ideally located just blocks from Cottage Hospital, State Street, shopping, dining, and entertainment, it offers residents exceptional convenience in a quiet residential setting. The property includes three well-maintained buildings with junior 1BD/1BA units, approx. 300-330 SF, featuring open layouts, full kitchens, and private baths; several units have patios or fenced yards. Many have been updated with quartz counters, new cabinets, LVP flooring, and newer windows. Recent upgrades include new roofs (2023) and resurfaced/re-striped parking (2025). With strong income, rent upside, and a prime location, 1825 Chapala is a standout value add opportunity.

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Home facts

  • Year built:1966
  • Listing ID #:25-3981
  • Added:1 day(s) ago
  • Updated:October 29, 2025 at 09:55 PM

Rooms and interior

  • Living area:13,408 sq. ft.

Structure and exterior

  • Year built:1966
  • Building area:13,408 sq. ft.
  • Lot area:0.66 Acres

Schools

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

Finances and disclosures

  • Price:$12,950,000
  • Price per sq. ft.:$965.84
Based on information from the Santa Barbara MLS as of October 29, 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.