223 W Arrellaga Street, Santa Barbara, CA 93101

Local realty services provided by:CENTURY 21 Masters
223 W Arrellaga Street,Santa Barbara, CA 93101
$1,950,000
  • 5 Beds
  • - Baths
  • 2,814 sq. ft.
  • Single family
  • Active
Listed by: the santa barbara group
Office: berkshire hathaway homeservices california properties
MLS#:26-3574
Source:SBAOR

Price summary

  • Price:$1,950,000
  • Price per sq. ft.:$692.96

About this home

Classic Santa Barbara Craftsman triplex presenting a rare multi-unit opportunity in a coveted downtown corridor just blocks from State Street. The property features a prime unit mix consisting of a two-story 2BD/1.5BA residence, an upstairs 2BD/1.5BA unit, and a ground-floor 1BD/1.5BA unit. Timeless architectural details such as covered porches and character-rich framing pair seamlessly with extensive recent capital improvements, including a new roof, new skylights, fresh exterior wood repair and paint, updated lighting, new rear divider fencing, and refreshed grounds. A standout feature is the rare inclusion of two separate one-car garages with reinforced framing, and additional off-street potential. Ideal for an owner-user looking to offset carrying costs with premium rental income or .. an investor seeking turnkey downtown rental stock with private yard space and strong long-term upside.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1903
  • Listing ID #:26-3574
  • Added:1 day(s) ago
  • Updated:October 26, 2026 at 05:05 PM

Rooms and interior

  • Bedrooms:5
  • Full bathrooms:3
  • Half bathrooms:2
  • Flooring:Carpet, Hardwood, Tile
  • Living area:2,814 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1903
  • Building area:2,814 sq. ft.
  • Lot area:0.16 Acres
  • Lot Features:Level, Near Public Transit
  • Architectural Style:Craftsman
  • Levels:Two

Schools

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

Finances and disclosures

  • Price:$1,950,000
  • Price per sq. ft.:$692.96

Features and amenities

  • Laundry features:Laundry Room

Parking

  • Parking description:Detached
  • Garage:Yes
  • Garage spaces:2
Based on information from the Santa Barbara MLS as of October 26, 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. SBAOR Member Broker: Randy Thompson