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1221 Chapala St

Santa Barbara, CA 93101
  • $4,750,000
  • STATUS: Active
  • ON SITE: 234 Days
  • MLS #: 24-455641
UPDATED: 28 min ago
$4,750,000
  • 2
    BEDS
  • 0.17
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 7,525
    SQFT
  • $631
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Description

Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T10:42:57.59. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/157062252
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1221 Chapala St Santa Barbara, CA 93101

  • Price: $4,750,000
  • Status: Active
  • On Site: 234 Days
  • Updated: 28 min ago
  • MLS #: 24-455641
2
Beds
6
Baths
0
½ Baths
0.17
Acres
7,525
SQFT
$631
$/SQFT
1987
Built
Neighborhood:
Santa Barbara
County:
Santa Barbara
Area:
Santa Barbara
Property Description
Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.
Exterior Features

Covered Parking 2 Levels Three Or More Lot Size Area 7405 Other Structures None Parking Garage AssignedCovered Parking Pool Description None Pool YN No Roof Clay Spa Hot Tub Spa YN Yes Style Spanish Total Parking 12 View Description CityOceanMountains View YN Yes

Interior Features

Cooling Air Conditioning Equipment Elevator Flooring Stained ConcreteHardwoodStone Tile Heating Central

Property Features

Assessed Total Value 5000000 Disability Access Handicap Access Disclosures None Electric Expense 11000.00 Gardener Expense 2400.00 Gross Income 265000 Gross Operating Income 265000 Insurance Expense 4646.00 Like Units1 1 Like Units2 1 Like Units3 1 Management Expense 1200.00 Net Operating Income 61732.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Appraiser Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Assessor Total Annual Expense 61732 Trash Expense 1236.00 Type Of Units Mixed Use Water Expense 3000.00 Year Built Source Appraiser Zoning C-2

Listing provided courtesy of Robert Sandefer DRE#01996491 of The Agency: 424-325-5000.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-15T10:42:57.59. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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