$7,250,000

1514-1520 Garden Street, SANTA BARBARA CA, 93101

Built in1859

Property typeResidential

Courtesy of Steven J Golis, Radius Group Commercial R.E.

Overview

Sold

Closed

Listed Feb 7, 2024

Updated Jun 10

11 UNITS ON 2 PARCELS WITH 5.21% CAP RATE - Tucked away in the picturesque heart of downtown Santa Barbara, 1514/1520 Garden St. presents a rare and highly coveted investment opportunity. Units consist of (1) 7 bed/5.5 bath house, (1) 3 bed/3 bath ADU, (2) 2 bed/2 bath ADUs, (6) 1 bed/1bath units and (1) studio. Both original structures have been designated as a Structure of Merit by the Historic Landmarks Commission, however, each unique unit has been extensively remodeled with high-quality finishes and new appliances. The exterior of the property is equipped with new 40-year roofs and solar panels, ensuring hassle-free maintenance for years to come. Tenants enjoy the ease of off-street parking and washer/dryers in each unit.

Additional information

MLS^® ID: 24-405

Interior Features

Bedrooms: 13
Bathrooms: 13
Basement: No

Listed by Radius Group Commercial R.E., Steven J Golis,
Listing Contact: [email protected]

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Data last updated 7:08 PM UTC, 6/10/2026