318 E Victoria Street, Santa Barbara, CA 93101
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
318 E Victoria Street,Santa Barbara, CA 93101
$5,996,000
- - Beds
- 6 Baths
- 4,491 sq. ft.
- Multi-family
- Active
Listed by: marie larkin
Office: sotheby's international realty
MLS#:26-3186
Source:SBAOR
Price summary
- Price:$5,996,000
- Price per sq. ft.:$1,335.11
About this home
Rare Residential Income Property Opportunity. Grandfathered-in five-unit residential multifamily property, available for the first time in 50 years. Set in the heart of Santa Barbara’s historic district, this charming property encompasses a Victorian main residence with an attached studio featuring a separate entrance, along with three detached rental units. Ideally situated within a short distance of restaurants, schools, churches, and downtown State Street, the property offers a unique opportunity for multigenerational living or those seeking income potential.
The Victorian main residence celebrates craftsmanship and exudes timeless charm, with a redwood grand staircase, crown moldings, vintage redwood pocket doors, and generous living areas. An intimate secluded front garden framed by privacy hedges provides a private retreat with hot tub. From the property, views extend across Santa Barbara’s historic Spanish red tile roofs toward the Granada and Arlington theaters, capturing the character and enduring appeal of this exceptional neighborhood.
Main House
Built in 1895
3 bedrooms / 2 baths
Attached Studio and separate entrance.
Three Detached Rental Units | Added in the 1960s
Each rental unit offers 1 bedroom / 1 bath, off-street parking, and communal laundry.
Major Property Improvements Include:
New roof on main house
Pest work completed
Sewer lateral inspection
French drain
Many window screens replaced
Some exterior and interior painting
Building inspections available upon request.
Photography and Virtual Staging provided by David Palermo.
To experience the property, please contact listing agent Marie Larkin. Please do not disturb owners or tenants at the property...
Contact an agent
Home facts
- Year built:1895
- Subdivision & Development:15 - Riviera/Lower
- Listing ID #:26-3186
- Added:53 day(s) ago
- Updated:November 09, 2026 at 01:18 AM
Rooms and interior
- Total bathrooms:6
- Flooring:Carpet, Tile, Wood/Laminate
- Living area:4,491 sq. ft.
Heating and cooling
- Heating:Electric, Heating, Radiant
Structure and exterior
- Year built:1895
- Building area:4,491 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Near Public Transit
- Foundation Description:Raised
Schools
- High school:S.B. Sr.
- Middle school:S.B. Jr.
- Elementary school:Roosevelt
Finances and disclosures
- Price:$5,996,000
- Price per sq. ft.:$1,335.11
Features and amenities
- Laundry features:Laundry Room
Parking
- Parking description:RV Access/Parking
- Carport spaces:2
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