1021 San Andres Street

1021 San Andres Street, SANTA BARBARA, CA 93101

$2,295,000

Fantastic cash-flow opportunity at an accessible price point for 5 units in a central Santa Barbara location, a few blocks to downtown and a mile to the beach and Santa Barbara City College. The building orients vertically back from the street for tenant privacy and quiet, and features a good unit mix of 1x3-BR/2-BA, 2x2-BR/2-BA and 2x1-BR/BA. 3 of the 5 units have been nicely updated in the last 2 years, and the property has seen local pride-of-ownership by the same family for nearly 50 years. The current GRM is ~13.1 and if allowed increases on Jan. 1st go into effect, it would drop to ~12.3. Don't miss this chance to get in on the ground floor of Santa Barbara multi-family investing, or complete a 1031 exchange without compromising rate of return! Full Offering Memorandum in Documents

6
beds

5
baths

4,468 Sq.Ft. LIVING AREA

8,712 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms6
Total bathrooms5
full bathrooms5
Laundry room Laundry Room
Flooring Vinyl, Carpet

Area & Lot

Status Sold
Date Sold October 20, 2025
Living Area4,468 Sq.Ft.
Lot Area8,712 Sq.Ft.
MLS® ID25-3043
TypeResidential
YEAR BUILT1974
Elementary SchoolMcKinley
Middle SchoolS.B. Jr.
High SchoolS.B. Sr.

Exterior

STORIES2
lot featuresNear Public Transit
parkingCarport, Uncovered, Cpt 6, Unc 2
HEAT TYPEGFA
SubstructureSlab

Financial

Sales Price$2,295,000
Maintenance Fee $8,112/mo
Zoning R-2

Work With Curtis

Curtis approaches his life and profession with enthusiasm, honesty, and integrity. To him, there is nothing more rewarding than helping his clients achieve their homeownership and financial goals. Through robust marketing, skillful negotiation, and exceptional customer service, Curtis offers a full-service, client-first approach to real estate.

Let's Connect

Follow Me on Instagram

Follow Me