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$10,500,000
95 Days On Site

111 Chapala Street
SANTA BARBARA, CA 93101

For Sale|Residential Income|Active
0
Beds
0
Total Baths
11,675
SqFt
$899
/SqFt
1930
Built
Subdivision:
20 - West Beach
County:
Santa Barbara
Listing courtesy of Ken Switzer of Berkshire Hathaway HomeServices California Properties
111 Chapala Street111 Chapala Street111 Chapala Street111 Chapala Street
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Monthly Payment (Est.)

$47,905
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Recognized as one of Santa Barbara's most iconic and cherished apartment properties, La Casa Rosalia is for sale for the 1st time in nearly 40 years. In a premium West Beach location 1.5 blocks to the waterfront and 1 block to State Street, the property is a crowning example of local Spanish Colonial architecture at its peak era, designed in 1930 by E. Keith Lockard. Today the 17 total units in 3 buildings are ready for the generational investor to claim a trophy property with an unmatched long-term upside potential, plus possible Mills Act tax benefits and R-4/Coastal zoning. The 11,675+/-SF measured gross living area = ~$900/SF, perhaps half of the market value for the area of a future renovated complex. Unbranded OM available in Documents. Don't miss a true one-of-a-kind opportunity!

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Listing Snapshot
Price 
$10,500,000
Days On Site 
95 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,675 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.43 Acres
Year Built 
1930
MLS® Number 
25-3487
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoPrice changed to $10,500,000
4 weeks agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
0.43
Carport 
6
Cross Street 
Natoma
Foundation 
SlabRaised
Parking 
Carport
Parking Spaces 
17
Zoning 
R-4
Interior Features
Appliances 
Refrigerator
Flooring 
CarpetHardwoodVinyl
Laundry Features 
Laundry Room
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Community Features
Financing Terms Available 
Cash
MLS Area 
20 - SB/WEST OF STATE
Schools
School District
Unknown
Elementary School
McKinley
Middle School
S.B. Jr.
High School
S.B. Sr.
Listing courtesy of Ken Switzer of Berkshire Hathaway HomeServices California Properties



Listing information is provided by Participants of the Santa Barbara Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Santa Barbara Association of REALTORS MLS.
Data last updated at: 2025-12-22 04:35 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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