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10 Beds
11 Baths
6,500 sqft

$4,000,000

228 W Alamar, SANTA BARBARA CA, 93105

Price per sqft$615.38
Built in1964
Property size6,500 sqft
Property typeResidential
Courtesy of Steve Heller, Berkshire Hathaway HomeServices California Properties

Overview

Active

Listed Jul 17, 2026

Updated Jul 22

Rare opportunity to acquire an 11-unit apartment building in one of Santa Barbara's most desirable rental locations. Ideally situated approximately .7 miles from Cottage Hospital and approximately .4 miles from Trader Joe's, this centrally located property offers convenient access to the De La Vina Corridor, downtown Santa Barara, waterfront beaches, shopping and major freeways. Your tenants can enjoy the benefits of living in a vibrant Santa Barbara neighborhood with convenient access to dining, coffee shops, outdoor recreation, parks, scenic beaches and a desirable coastal climate. Consisting of 11 units, 3 x 2 bedroom/ 1 bath units, 4 x 1 bedroom/1 bath units and 4 studios (one without kitchen).

$26,612/mo

Est. mortgage payment based on a $4,000,000 home price.

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

Additional information

MLS® ID
26-2367

Interior Features

Bedrooms
10
Bathrooms
11
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.29 Acres

Other Property Details

Garage
Yes

Listed by Berkshire Hathaway HomeServices California Properties, Steve Heller,
Listing Contact: [email protected] 

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Data last updated 4:50 AM UTC, 7/22/2026

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