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5 Beds
5 Baths
2,814 sqft

$1,950,000

223 W Arrellaga Street, SANTA BARBARA CA, 93101

Price per sqft$692.96
Built in1903
Property size2,814 sqft
Property typeResidential
Courtesy of The Santa Barbara Group, Berkshire Hathaway HomeServices California Properties

Overview

Active

Listed Oct 26, 2026

Updated 2 days ago

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.

$12,973/mo

Est. mortgage payment based on a $1,950,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-3574

Interior Features

Bedrooms
5
Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Garage
Yes

Listed by Berkshire Hathaway HomeServices California Properties, The Santa Barbara Group,
Listing Contact: [email protected] 

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Data last updated 7:13 AM UTC, 10/31/2026

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