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223 W Arrellaga StreetSANTA BARBARA, CA 93101
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Enter an interest rate to see your estimated monthly payment.Classic Santa Barbara Craftsman triplex presenting a rare multi-unit opportunity in a coveted downtown corridor just blocks from State Street. The property features a prime unit mix consisting of a two-story 2BD/1.5BA residence, an upstairs 2BD/1.5BA unit, and a ground-floor 1BD/1.5BA unit. Timeless architectural details such as covered porches and character-rich framing pair seamlessly with extensive recent capital improvements, including a new roof, new skylights, fresh exterior wood repair and paint, updated lighting, new rear divider fencing, and refreshed grounds. A standout feature is the rare inclusion of two separate one-car garages with reinforced framing, and additional off-street potential. Ideal for an owner-user looking to offset carrying costs with premium rental income or .. an investor seeking turnkey downtown rental stock with private yard space and strong long-term upside.
| 6 hours ago | Listing first seen on site | |
| 6 hours ago | Listing updated with changes from the MLS |
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: 2026-10-26 08:22 PM UTC
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