412 Corona Del Mar, Santa Barbara, CA 93103

Santa Barbara
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
412 Corona Del Mar,Santa Barbara, CA 93103
$4,395,000
  • - Beds
  • - Baths
  • 5,451 sq. ft.
  • Multi-family
  • Active
Listed by: ken switzer
Office: berkshire hathaway homeservices california properties
MLS#:26-2413
Source:SBAOR

Price summary

  • Price:$4,395,000
  • Price per sq. ft.:$806.27

About this home

Accessible price point for A+ location apartments by Santa Barbara's waterfront and East Beach, openly for sale for the 1st time since built in 1958. Featuring 8 generous-sized units - 6 x 1-BR over 600 gross SF (meas.), plus 2 x 2-BR over 900 gross SF (meas.) - price is $550K/unit or $806/SF, well below market for the very limited multi-family inventory near the beach of one of world's most renowned coastal communities. Highlights include attractive landscaping around a central green courtyard, high vaulted wood beam ceilings in the 4 upstairs units, moderately updated interiors, and a long pride-of-ownership history. Opportunity for the patient investor to realize long-term cap rates far above historic cap rates for Santa Barbara's beach areas; see pro-forma in unbranded OM in Documents

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Home facts

  • Year built:1958
  • Subdivision & Development:15 - East Beach
  • Listing ID #:26-2413
  • Added:55 day(s) ago
  • Updated:September 15, 2026 at 08:09 PM

Rooms and interior

  • Flooring:Carpet, Wood/Laminate
  • Living area:5,451 sq. ft.

Heating and cooling

  • Heating:Forced Air, Heating

Structure and exterior

  • Year built:1958
  • Building area:5,451 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Near Public Transit
  • Foundation Description:Slab

Schools

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

Finances and disclosures

  • Price:$4,395,000
  • Price per sq. ft.:$806.27

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Carport spaces:8
Based on information from the Santa Barbara MLS as of September 15, 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.

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