440 Corona Del Mar Santa Barbara, CA ^$ 8,995,000

440 Corona Del Mar

^$ 8,995,000

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440 Corona Del Mar

Santa Barbara, CA, 93103

^$ 8,995,000

Bedrooms18 Baths8.0

Monthly Estimate*

^$ 56,117

Listed by Goodwin & Thyne Properties Inc

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Multi-Family Home for sale in Santa Barbara, CA

for $8,995,000 with 18 bedrooms and 8 full baths. This home was built in 1957 on a lot size of 0.24.

This is an incredible Santa Barbara Shores opportunity! Rarely available, this updated and meticulously kept 9+ unit luxury multi-family property very close to East Beach includes an extra-large owners' unit facing the water. Four apartments have 2 bedrooms / 2 baths; 4 have 2 bedrooms /1 bath; 1 has 1 bedroom / 1 bath; and there is an extra manager's studio. The property features 9 separate single car garages along with storage closets for each apartment. Clean, spacious, beautiful, and modern, every unit in this building is desirable. The incomparable East Beach neighborhood one block from the Pacific Ocean is a rare opportunity for buyers. There is plenty of potential on this R-4 lot in what may become one of the only short term neighborhoods in town. Serious inquiries only.

Multi-Family Active

Price

^$ 8,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.24

Year Built

1957

Town/City

Santa Barbara

County/Region

Santa Barbara

MLS | Web ID

25611189

Days on Market

Features

General

Living Area 0

Heating Forced Air

Appliances Dishwasher Disposal Refrigerator Dryer Washer

Zoning R-4/S-D-3

Garage Spaces 9

Year Built 1957

View Ocean

Stories Count 1

Levels One

Gross Income 0

County Santa Barbara

Net Operating Income 0

New Construction 0

Property Type Residential Income

HOA 0

Garage Y/N 1

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions US 101N take exit 94C on the left for Cabrillo Blvd Turn left onto E Cabrillo Blvd at the traffic circle continue straight to stay on E Cabrillo Blvd turn right onto Corona Del Mar destination will be on the left.

City Santa Barbara

Senior Community Y/N 0

Number Of Units Total 9

MLS Area VC81 - Santa Barbara

Lot Size Units Square Feet

Lot Size Square Feet 10454

Property Attached Y/N 1

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Cap Rate 3

Interior

Total Stories 2

Common Walls 1 Common Wall

Heating Y/N 1

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 18

Total Baths 14

Exterior

Parking Features Door-Multi Garage

Total Parking 9

Lot Size Area 10454

Number of Buildings 1

Building Area Total 0

Lot Size Acres 0.24

Lot Size Source Assessor

* Excluded Features

List By

Goodwin & Thyne Properties Inc

Broker

teamgt@gtprop.com

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$56,117

Per Month

Monthly Principal & Interest: $56,117
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Santa Barbara, CA

Average List Price ^$4,408,877

Percent of Sale Price 51%

About Santa Barbara, CA

90,478 Population

-2% Since 2002

^$73,259 Median Income

38.49 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$8,995,000		Listed Price

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440 Corona Del Mar, Santa Barbara, CA, 93103 is a Multi-Family Home for sale at $8,995,000 with a lot size of 0.24. 440 Corona Del Mar has 18 bedrooms, 8.0 baths, and was built in 1957. The property's zip code is 93103 which is in Santa Barbara, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/6/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. 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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440 Corona Del Mar

Multi-Family Home for sale in Santa Barbara, CA

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