Log In/Sign Up
Your email has been sent.
3-Unit California Cottage 208 S Voluntario St 3 Unit Apartment Building $2,199,651 CAD ($733,217 CAD/Unit) 4.10% Cap Rate Santa Barbara, CA 93103
Investment Highlights
- Prime Eastside location just minutes from the beach, Downtown Santa Barbara & the Funk Zone.
- Ideal unit mix: (1) 2BD/1BA, (1) 1BD/1BA & (1) studio.
- New appliances, fixtures, landscaping & exterior paint provide turnkey presentation.
- Quintessential California cottage triplex with strong investment or owner-user appeal.
- Fully remodeled interiors with hardwood floors, skylights & custom built-ins.
- Each unit features its own private outdoor space and excellent residential charm.
Executive Summary
Quintessential California cottage offering a prime investment opportunity on Santa Barbara’s desirable Eastside, just moments from the beach, Downtown, and the vibrant Funk Zone. The property features three units with an ideal unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio—well suited for both investors and owner-users. Completely remodeled throughout, the units offer hardwood floors, custom built-ins, skylights, and all new appliances and fixtures. Each unit also includes its own private outdoor space.
The exterior has been freshly repainted and enhanced with new landscaping, creating strong curb appeal and a turnkey presentation.
Buyer to complete their own due diligence regarding permitting and Santa Barbara’s rent control ordinance.
The exterior has been freshly repainted and enhanced with new landscaping, creating strong curb appeal and a turnkey presentation.
Buyer to complete their own due diligence regarding permitting and Santa Barbara’s rent control ordinance.
Property Facts
| Price | $2,199,651 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $733,217 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 4.10% | Building Size | 1,760 SF |
| Gross Rent Multiplier | 14.35 | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2024 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Zoning | R-M - Multiple-Family Residential | ||
| Price | $2,199,651 CAD |
| Price Per Unit | $733,217 CAD |
| Sale Type | Investment |
| Cap Rate | 4.10% |
| Gross Rent Multiplier | 14.35 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.08 AC |
| Building Size | 1,760 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2024 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | R-M - Multiple-Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 1 | - | - |
| Studios | 1 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 017-252-008 | Improvements Assessment | $640,723 CAD |
| Land Assessment | $699,640 CAD | Total Assessment | $1,340,362 CAD |
Property Taxes
Parcel Number
017-252-008
Land Assessment
$699,640 CAD
Improvements Assessment
$640,723 CAD
Total Assessment
$1,340,362 CAD
1 of 13
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3-Unit California Cottage | 208 S Voluntario St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.