Rare Investment Opportunity | Vacant 1930s Triplex in Downtown Santa Barbara

Positioned just moments from State Street's vibrant heart, 21 E Arrellaga offers an increasingly rare investment in Santa Barbara's coveted downtown district. This 1930s triplex features all three units currently vacant--an extraordinary circumstance creating unmatched opportunity for immediate transformation.
The property includes a voluminous front unit with original wood flooring, complemented by two additional units, each with their own character and private outdoor spaces. Some recent infrastructure updates provide a reliable platform for your vision.
This property represents that elusive opportunity: a blank canvas in a prime location with complete freedom to reimagine all three units simultaneously--a situation that seldom occurs in Santa Barbara's tight multi-unit market.

4/6/2025 1:00PM - 4:00PM PDT

5
beds

3
baths

2,320 Sq.Ft. LIVING AREA

6,969 Sq.Ft. lot

features & amenities

Interior

total bedrooms5
Total bathrooms3
full bathrooms3

Area & Lot

Status For Sale
OPEN HOUSE

4/6/2025 1:00PM - 4:00PM PDT
Living Area2,320 Sq.Ft.
Lot Area6,969 Sq.Ft.
MLS® ID25-1121
TypeResidential
YEAR BUILT1930
NeighborhoodSanta Barbara
Architecture StylesTraditional, Craftsman
Elementary SchoolRoosevelt
Middle SchoolLaCumbre
High SchoolS.B. Sr.

Financial

Sales Price$1,995,000
Zoning Other

"Recognizing the need is the primary condition for design."
– Charles Eames

Download Property Information

PLANNING FILES _ 21 E ARRELLAGA ST _ APN _.pdf

STREET FILES _ 21 E ARRELLAGA ST _ APN _ (1).pdf

STREET FILES _ 21 E ARRELLAGA ST _ APN _.pdf

21 E Arellaga - Back - Full.pdf

21 E Arellaga - Front - Full.pdf

21 E Arellaga -Front - Summary.pdf

21 E Arrellaga - Back - Summary.pdf

21 E Arrellaga St - Sewer Lateral Report.pdf

2014 Appraisal.PDF

Pest Report - 21 E Arrellaga.pdf

Santa Barbara

Santa Barbara embodies the quintessential California coastal city, where Mediterranean architecture, cultural richness, and natural beauty create an unparalleled living environment. This cherished community combines sophisticated amenities with a relaxed atmosphere, offering residents a lifestyle where every element of coastal refinement exists in perfect balance.

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Whatever your needs may be, you can count on my expertise and the power of the Berkshire Hathaway network to help you maximize your home investment and achieve your goals of owning, selling, and living in Santa Barbara.

Let's Connect

contact details

Andrea O'Loughlin | CA DRE# 02165956

Phone

(805) 879-2964

[email protected]

Address

1170 COAST VILLAGE RD SANTA BARBARA CA 93108

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A Designers Dream

$1,995,000

features & amenities

Interior

Area & Lot

Financial

"Recognizing the need is the primary condition for design."

Download Property Information

Santa Barbara

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