228 W Alamar, Santa Barbara, CA 93105

Local realty services provided by:CENTURY 21 Masters
228 W Alamar,Santa Barbara, CA 93105
$4,000,000
  • - Beds
  • - Baths
  • 6,500 sq. ft.
  • Multi-family
  • Active
Listed by: steve heller, john finseth
Office: berkshire hathaway homeservices california properties
MLS#:26-2367
Source:SBAOR

Price summary

  • Price:$4,000,000
  • Price per sq. ft.:$615.38

About this home

Rare opportunity to acquire an 11-unit apartment building in one of Santa Barbara's most desirable rental locations. Ideally situated approximately .7 miles from Cottage Hospital and approximately .4 miles from Trader Joe's, this centrally located property offers convenient access to the De La Vina Corridor, downtown Santa Barara, waterfront beaches, shopping and major freeways. Your tenants can enjoy the benefits of living in a vibrant Santa Barbara neighborhood with convenient access to dining, coffee shops, outdoor recreation, parks, scenic beaches and a desirable coastal climate. Consisting of 11 units, 3 x 2 bedroom/ 1 bath units, 4 x 1 bedroom/1 bath units and 4 studios (one without kitchen).

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Home facts

  • Year built:1964
  • Listing ID #:26-2367
  • Added:11 day(s) ago
  • Updated:July 28, 2026 at 02:38 PM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:6,500 sq. ft.

Heating and cooling

  • Heating:Electric, Heating

Structure and exterior

  • Year built:1964
  • Building area:6,500 sq. ft.
  • Lot area:0.29 Acres
  • Lot Features:Near Public Transit
  • Foundation Description:Mixed, Slab

Schools

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

Finances and disclosures

  • Price:$4,000,000
  • Price per sq. ft.:$615.38

Features and amenities

  • Laundry features:Bldg

Parking

  • Garage:Yes
  • Garage spaces:2
  • Carport spaces:8
Based on information from the Santa Barbara MLS as of July 28, 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