323 W Islay Street, SANTA BARBARA, CA 93101
323 W Islay Street

323 W Islay Street

323 W Islay Street, SANTA BARBARA, CA


  • 7 Beds
  • 6 Full Baths
  • 6,534 Sq.Ft. Lot
  • 3,360 Sq.Ft. Living
  • 1962 Year Built
  • For Sale Status
  • 24-1341 MLS® ID
Recently updated 5-unit apartment building located in Downtown Santa Barbara. Owned by the same family for nearly 50 years, this property exudes pride of ownership. Offering a beautiful 3-bedroom, 2-bathroom unit (great owners' unit) as well as four 1-bedroom, 1-bathroom units totaling 3,360 sq. ft., Casa Napoli offers versatile living spaces to suit a variety of lifestyles.

Tenant amenities include both covered and uncovered parking for residents, as well as a convenient coin-operated community laundry room. A low maintenance asset with recent upgrades to the property including a brand-new roof over both the building and carport, ABS plastic sewer line, modernized plumbing and electrical systems, dual pane windows, and extensive interior renovations throughout all units. Current rents are under market and total $147,000 annually. Total market rents are projected to be $190,800 annually. Upon request, the offering memorandum, title report, natural hazards disclosure, reports/inspections and seller disclosures can be provided. Showings will be May 15th and 22nd by appointment only. Do not disturb occupants.
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Features and Amenities


  • Total Bedrooms7
  • Total Bathrooms6
  • Full Bathrooms6
  • Laundry roomLaundry Room
  • FlooringCarpet, Tile, Wood/Laminate

Area & Lot

  • Status For Sale
  • Living Area3,360 Sq.Ft.
  • Lot Area6,534 Sq.Ft.
  • MLS® ID24-1341
  • TypeResidential
  • YEAR BUILT1962
  • neighborhoodDowntown
  • Elementary SchoolPeabody
  • Middle SchoolS.B. Jr.
  • High SchoolS.B. Sr.


  • lot featuresNear Public Transit
  • parkingCpt 4, Unc 2
  • SubstructureSlab
  • security FeaturesSmoke Detector(s)


  • Sales Price$2,500,000
  • Zoning Other, R-4


Home to a variety of shops, restaurants, and cultural attractions, as well as government offices and businesses.


Work With Kendrick

His clients’ interests are at the forefront of his mission, and he prides himself on going the extra mile to help clients pursue their real estate goals efficiently.