130 W Padre Street Santa Barbara, CA ^$ 2,995,000

130 W Padre Street

^$ 2,995,000

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Recently Listed

130 W Padre Street

Santa Barbara, CA, 93105

^$ 2,995,000

Bedrooms-- Baths1.0

Monthly Estimate*

^$ 20,686

Listed by Michael Lopus, Colliers International, mike.lopus@colliers.com

130 W Padre Street, Santa Barbara, CA 93105 - Image 1

130 W Padre Street, Santa Barbara, CA 93105 - Image 2

130 W Padre Street, Santa Barbara, CA 93105 - Image 3

130 W Padre Street, Santa Barbara, CA 93105 - Image 4

130 W Padre Street, Santa Barbara, CA 93105 - Image 5

130 W Padre Street, Santa Barbara, CA 93105 - Image 6

130 W Padre Street, Santa Barbara, CA 93105 - Image 7

130 W Padre Street, Santa Barbara, CA 93105 - Image 8

Multi-Family Home for sale in Santa Barbara, CA

for $2,995,000 with 1 full bath. This home was built in 1962 on a lot size of 0.19.

New 2023 remodeled multifamily asset location on the corner of W. Padre and De La Vina Streets. This multi-family investment property consists of eight (8) 1 bedroom, 1 bath apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing and electrical upgrades, and landscaping. This garden-style apartment complex also features on-site laundry and parking, convenient freeway access and walking distance to various restaurants, markets and many other amenities.

Multi-Family Active

Price

^$ 2,995,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.19

Year Built

1962

Town/City

Santa Barbara

County/Region

Santa Barbara

MLS | Web ID

V139164

Days on Market

Features

General

Heating Wall Furnace

Cooling None

Appliances Dishwasher Gas Cooktop Gas Range Refrigerator

Zoning R-4

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1962

View None

Stories Count 2

Levels Two

Gross Income 218190

Community Features Biking

County Santa Barbara

Net Operating Income 157827

Operating Expense 70510

Insurance Expense 6225

Property Type Residential Income

Subdivision Name Santa Barbara: Other

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions From 101 Freeway Northbound Take Mission St. exit turn Right onto Mission Street turn Right on State St. turn Left onto W Padre St. The property will be on your right.

City Santa Barbara

Senior Community Y/N false

MLS Area VC81 - Santa Barbara

Lot Size Units Acres

Lot Size Square Feet 8276.4

Listing Terms Cash Conventional FHA Fannie Mae Freddie Mac USDA Loan VA Loan

Spa Features None

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 547

Fuel Expense 116

Trash Expense 3103

Water Sewer Expense 7620

Rent Control Y/N true

Standard Status Active

Year Built Source Public Records

Interior

Flooring Laminate

Fireplace Features None

Common Walls No Common Walls

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features Common Area

Total Baths 0

Exterior

Fencing None

Lot Features Sprinklers None

Total Parking 8

Lot Size Area 0.19

Number of Buildings 1

Spa false

Lot Size Acres 0.19

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 8

* Excluded Features

List By

Michael Lopus

Listing Agent

Colliers International

Broker

mike.lopus@colliers.com

Affordability Calculator

$20,686

Per Month

Monthly Principal & Interest: $20,686
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 ^$7,317,250

Percent of Sale Price 144%

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
10/8/2026	$2,995,000		Listed Price

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130 W Padre Street, Santa Barbara, CA, 93105 is a Multi-Family Home for sale at $2,995,000 with a lot size of 0.19. 130 W Padre Street has 1.0 baths and was built in 1962. The property's zip code is 93105 which is in Santa Barbara, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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 10/9/2026. 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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130 W Padre Street

Multi-Family Home for sale in Santa Barbara, CA

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