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3 Beds
2 Baths

$2,650,000

1415-1417 Park Place, SANTA BARBARA CA, 93103

Price per sqftN/A
Built in1980
Property typeResidential
Courtesy of Ken Switzer, Berkshire Hathaway HomeServices California Properties

Overview

Active

Listed Oct 8, 2026

Updated 19h ago

1415+1417 Park Place is a competitively-priced and well cared-for 6-unit 2-building multi-family investment, located at the edge of Santa Barbara as it transitions to Montecito via Old Coast Highway. The configuration of the 2 buildings is especially well-suited for an owner-occupant in the recently-vacated 2-unit Victorian home with 12-foot ceilings, with mortgage/expenses paid from ~$10K monthly rent from the 1980-built 4 x 1-BR building separated across the driveway. Or re-rent the 2 vacant units in the home to revive the total income to the recent ~$17,200/month (~$206K annual). The sellers have made approx. $350K of upgrades in the last 3 years, incl. mostly all new roofs. See unbranded Offering Memorandum in Documents for more details. Don't miss this value opportunity!

$17,631/mo

Est. mortgage payment based on a $2,650,000 home price.

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

Additional information

MLS® ID
26-3402

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Maintenance Expense
$5,115

Listed by Berkshire Hathaway HomeServices California Properties, Ken Switzer,
Listing Contact: [email protected] 

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Data last updated 4:18 AM UTC, 10/9/2026

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