318 E Victoria Street

SANTA BARBARA, CA 93101

For the first time on the market in over 50 years a Rare Opportunity Estate is Available! This Unique Residential 5 Unit Multi Family Zoned Property Totals 4,491 sq. ft. It Features a 1895 Main Residence, an attached Rental Studio with a Separate entrance, 3 Detached Rental units Including Off Street Parking and communal laundry room in Santa Barbara's Historical District.Blocks away to the Heart of Downtown, near Restaurants, Peaceful parks, Schools, Churches and The 1936 Enchanting County Bowl is Ideal for Generational Living, Anyone looking for income Potential and or as an Investment. The Victorian Main Residence Celebrates Craftsmanship and Exudes Charm with a Grand Redwood Staircase leading upstairs, while an Exquisite Chandelier opens to Crown Moldings throughout. Redwood Pockets Doors and Vintage Windows Enhance the Generously sized living areas. A Separate Entrance attached Studio gives Additional Income or a Multitude or Creative Opportunities. A Secluded Front Garden Provides Established Privacy Hedges and a Relaxing Hot Tub. Views Overlook Santa Barbara's Historic Red Roof Tops, Granada and Arlington Theatre's. All Inspections, Disclosures and Improvements available upon request. Please Do Not Disturb the Owners or Tenants. Photography and virtual staging provided by David Palermo.

Listing courtesy of Marie Larkin of Sotheby's International Realty



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 2026, Santa Barbara Association of REALTORS MLS.
Data last updated at: 2026-10-08 07:45 PM UTC