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543 1/2 Arroyo Avenue, Santa Barbara, CA 93109

Santa Barbara
Local realty services provided by:CENTURY 21 Masters
543 1/2 Arroyo Avenue,Santa Barbara, CA 93109
$4,195,000
  • - Beds
  • - Baths
  • 4,217 sq. ft.
  • Multi-family
  • Active
Listed by: steven j golis
Office: radius group commercial r.e.
MLS#:26-1823
Source:SBAOR

Price summary

  • Price:$4,195,000
  • Price per sq. ft.:$994.78

About this home

FULLY LEASED for 26/27 AY, with over $60k in capital improvements since July 2025. View Matterport 3D tour here: https://my.matterport.com/show/?m=eRxPZ2jsDS2 Currently operating as premium student housing, Arroyo House serves students from SBCC, UCSB, and Westmont College. This exceptional property features 10 fully furnished rooms with 26 total beds, currently configured as (3) Doubles, (5) Triples, (1) Quad, and (1) Single. Each unit has been tastefully upgraded with high-end furniture and modern finishes, offering a comfortable and stylish living environment... ...Outdoor amenities include new landscaping, a volleyball court, and ample private parking -- enhancing both tenant experience and long-term value. Additionally, the solar system is fully paid off, and a 400-amp commercial-grade electrical panel has been added. The property has seen approximately $60,000 in capital improvements since July 2025, including a brand-new sewage tank with high-capacity ejection pumps....

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Home facts

  • Year built:1989
  • Listing ID #:26-1823
  • Added:1 day(s) ago
  • Updated:June 01, 2026 at 11:55 PM

Rooms and interior

  • Living area:4,217 sq. ft.

Structure and exterior

  • Year built:1989
  • Building area:4,217 sq. ft.
  • Lot area:1.27 Acres

Schools

  • High school:San Marcos
  • Middle school:LaCumbre
  • Elementary school:McKinley

Finances and disclosures

  • Price:$4,195,000
  • Price per sq. ft.:$994.78

Features and amenities

  • Laundry features:In Unit
Based on information from the Santa Barbara MLS as of June 1, 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

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