543 1/2 Arroyo Avenue, Santa Barbara, CA 93109
Local realty services provided by:CENTURY 21 Masters
543 1/2 Arroyo Avenue,Santa Barbara, CA 93109
$3,895,000
- 10 Beds
- 7 Baths
- 4,217 sq. ft.
- Single family
- Active
Listed by: steven j golis
Office: radius group commercial r.e.
MLS#:26-1822
Source:SBAOR
Price summary
- Price:$3,895,000
- Price per sq. ft.:$923.64
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. This upgrade is expected to extend pump life from roughly 2 years to 8-10 years, eliminating what had historically been the property's most recurring maintenance burden.
Whether you're looking for a cash-flowing asset or a unique student housing opportunity, Arroyo House checks all the boxes.
This large single-family residence offers a high-occupancy dwelling ideal for use as a sober living home, recovery housing, transitional housing, supportive housing, group home, or other structured living environment, with flexibility for shared supportive residence, community-based housing, co-living property, shared housing, or room-by-room rental opportunities....
Contact an agent
Home facts
- Year built:1989
- Listing ID #:26-1822
- Added:56 day(s) ago
- Updated:July 28, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:7
- Full bathrooms:6
- Half bathrooms:1
- 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:$3,895,000
- Price per sq. ft.:$923.64
Features and amenities
- Laundry features:In Unit, Laundry Room
New listings near 543 1/2 Arroyo Avenue
- Open Sun, 1 to 4pmNew
$1,295,000Active4 beds 3 baths1,605 sq. ft.5085 Rhoads Avenue #Apt C, SANTA BARBARA, CA 93111
MLS# 26-2485Listed by: LPT REALTY, INC. - New
$1,395,000Active-- beds -- baths1,424 sq. ft.1715 De La Vina Street, SANTA BARBARA, CA 93101
MLS# 26-2472Listed by: KELLER WILLIAMS REALTY SANTA BARBARA - New
$2,100,000Active5 beds 3 baths1,819 sq. ft.3910 Maricopa Drive, SANTA BARBARA, CA 93110
MLS# 26-2475Listed by: SANTA BARBARA BROKERS, INC. - Open Thu, 10am to 1pmNew
$1,695,000Active3 beds 2 baths1,152 sq. ft.2030 Gillespie Street, SANTA BARBARA, CA 93101
MLS# 26-2468Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - Coming Soon
$974,900Coming Soon2 beds 3 baths312 Ladera Street #4, Santa Barbara, CA 93101
MLS# SW26163010Listed by: AXEN REALTY - New
$1,875,000Active2 beds 2 baths930 sq. ft.101 Oceano Avenue #Apt 20, SANTA BARBARA, CA 93109
MLS# 26-2464Listed by: SPECTRUM REALTY - New
$815,000Active1 beds 1 baths630 sq. ft.976 Miramonte Drive #4, Santa Barbara, CA 93109
MLS# V1-37809Listed by: BERKSHIRE HATHAWAY HOMESERVICE - New
$2,000,000Active4 beds 2 baths1,330 sq. ft.319 W Mission Street, Santa Barbara, CA 93101
MLS# PI26156337Listed by: INVEST SLO - New
$12,095,000Active-- beds -- baths13,408 sq. ft.1825 Chapala Street, SANTA BARBARA, CA 93101
MLS# 26-2447Listed by: RADIUS GROUP COMMERCIAL R.E. - Open Sat, 1 to 3pmNew
$1,995,000Active3 beds 3 baths2,330 sq. ft.3232 Calle Pinon, SANTA BARBARA, CA 93105
MLS# 26-2443Listed by: VILLAGE PROPERTIES - 1