Address Withheld By Seller, Santa Barbara, CA 93101

Santa Barbara
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
Address Withheld By Seller,Santa Barbara, CA 93101
$4,600,000
  • - Beds
  • - Baths
  • 3,459 sq. ft.
  • Multi-family
  • Active
Listed by: christos celmayster
Office: hayes commercial group
MLS#:26-3148
Source:SBAOR

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Price summary

  • Price:$4,600,000
  • Price per sq. ft.:$1,329.86

About this home

Casa Castillo presents a rare opportunity to acquire a fully permitted, five-suite boutique hotel in the heart of downtown Santa Barbara. Ideally situated just half a mile from State Street and minutes from the vibrant Funk Zone, beaches, shopping, and an abundance of dining and entertainment options, the property offers an exceptional location in one of California's most desirable coastal destinations. As one of a limited number of fully permitted short-term rental properties in Santa Barbara's downtown core, Casa Castillo represents a unique opportunity to acquire a turnkey hospitality investment with an established operating platform and attractive cash flow. Occupancy of 80% at a $496 ADR and a 6.5% Cap Rate interiors. Amenities include high-speed internet access, air conditioning, BBQs and Tesla charging station. This is a turnkey opportunity for the investor looking to expand their short-term rental portfolio and capitalize on the approximately 7.2 million visitors to Santa...

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Home facts

  • Year built:1930
  • Subdivision & Development:15 or 20 - Downtown
  • Listing ID #:26-3148
  • Added:3 day(s) ago
  • Updated:September 22, 2026 at 02:36 PM

Rooms and interior

  • Flooring:Wood/Laminate
  • Living area:3,459 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air, Heating
  • Central air:Yes

Structure and exterior

  • Year built:1930
  • Building area:3,459 sq. ft.
  • Lot Features:Near Public Transit
  • Foundation Description:Mixed

Schools

  • High school:CLA
  • Middle school:CLA
  • Elementary school:CLA

Finances and disclosures

  • Price:$4,600,000
  • Price per sq. ft.:$1,329.86

Features and amenities

  • Laundry features:In Unit, Laundry Room
Based on information from the Santa Barbara MLS as of September 22, 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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