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Alex Gingrich

alex@alexgingrich.com +1(818) 919-0159

$ 3,650,000

Est. payment -/mo

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930 Philinda AVE Santa Barbara, CA 93103

0.35 Acres Lot

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Santa Barbara: Other (80)

MLS Listing ID SC25169490

HOA Y/N No

Year Built 1977

Lot Size 0.350 Acres

Property Sub-Type Apartment

Property Description

Exceptional multifamily investment in the heart of Santa Barbara. This grand 4-unit property offers a desirable mix of single-level and two-story townhouse-style units, each with 3 bedrooms, 2 bathrooms, a fireplace, and carport parking. Ideally located near the Santa Barbara Bowl and Milpas Street's vibrant shops and restaurants, plus close to downtown Santa Barbara. The property has high tenant demand and broad renter appeal. Unit B is currently open, offering flexibility for an owner-user, furnished rental, or achieving market-rate rents, while Units A, C, and D generate immediate income. Onsite laundry facility adds convenience and supports solid rental performance with versatile unit mix, stable cash flow, and long-term upside in a supply-constrained market.

Location

State CA

County Santa Barbara

Area Vc81 - Santa Barbara

Zoning C-2

Interior

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Parking Features Carport, Off Site, Uncovered

Carport Spaces 4

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 029313001

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by Kevin Goodwin Goodwin & Thyne Properties 805-448-2200

Alex Gingrich

Salesperson | License ID: 01797428

+1(818) 919-0159

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