102 S Voluntario St 4 Unit Apartment Building $4,009,950 CAD ($1,002,487 CAD/Unit) Santa Barbara, CA 93103

PRP is proud to present 102 S. Voluntario Street, a four-unit multifamily investment opportunity located in the heart of Santa Barbara’s highly sought-after rental market. Situated on an approximately 8,500-square-foot lot, the property consists of two duplexes offering an attractive combination of renovated and newly constructed units.
The front duplex features two extensively renovated one-bedroom, one-bathroom units, while the rear duplex consists of two newly constructed ground-up two-bedroom, one-bathroom units. This well-balanced unit mix provides broad tenant appeal and is well positioned to attract a diverse renter profile.
The property will be delivered with three of the four units vacant, providing exceptional flexibility for both owner-users and investors. An owner-user has the opportunity to occupy one residence while generating income from the remaining units, while investors can immediately lease the vacant units at market rents without displacement concerns.
Units A and B have historically leased quickly, demonstrating strong demand for the location and product type. Units C and D are newly completed ground-up construction that have never been occupied, offering tenants modern finishes and allowing new ownership to establish rental rates from day one.
Located in one of Santa Barbara’s most desirable neighborhoods, 102 S. Voluntario Street offers a rare opportunity to acquire a turnkey multifamily asset with significant lease-up potential, strong long-term rental fundamentals, and immediate operational flexibility.
Listing agent is Owner.