- For Sale $2,400,000
- Property Type Multi-Family
- Property Size 8,712 SF
- Units 4
- Lot Size 8,712 SF
- Date Updated May 19, 2025
Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of the four units include laundry. This is a fully leased property with tenants occupying all units. A new owner may also explore converting the separated unit and existing garages into legal dwellings under the additional dwelling unit (ADU) legislation to maximize rental income. The property benefits from plentiful off-street parking and garage storage for tenants or owner.
Price per unit: $600,000 Units: 4 rented units (city recognizes 3) Unit Mix: 4BD/3.5BA main house (separated into 3BD/2.5BA and 1BD/1BA); duplex (2 x 1BD/1BA)
Parking: Garages and shared driveway parking Laundry: Yes, in each unit except 328A Fireplaces: Yes, in three units
Utilities: Master metered for all utilities
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
78/100
Very Walkable
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Transit Score ®
48/100
Some Transit
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Bike Score ®
95/100
Biker's Paradise
- City Santa Barbara, CA
- Neighborhood Oak Park
- Zip Code 93101
- Market Central Coast
Points of Interest
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Santa Barbara
1.58 miles
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Zoo Train
2.95 miles
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SBA Economy Lot 3
6.69 miles
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SBA Economy Lot 2
6.72 miles
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SBA Economy Lot 1
6.76 miles
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SBA Terminal
6.80 miles
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Goleta
7.28 miles
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ChargePoint
0.74 miles
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eVgo
0.76 miles
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Santa Barbara Gas
0.81 miles
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Chevron
1.51 miles
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Fuel Depot
1.68 miles
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Arco
1.94 miles
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True Zero
2.14 miles
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Conserv Fuel
2.15 miles
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Village Service Station
4.82 miles
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Valero
6.07 miles
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1819
0.32 miles
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City Lot #5
0.64 miles
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City Lot #6 (Granada Garage)
0.72 miles
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City Lot #4
0.72 miles
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Carrillo Commuter Lot
0.77 miles
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City Lot #3
0.80 miles
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City Lot #7 (Library Garage)
0.80 miles
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Ralphs
0.80 miles
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City Lot #8
0.86 miles
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City Lot #2
0.91 miles
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Secret Garden Inn & Cottages
0.14 miles
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Cheshire Cat Inn
0.29 miles
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Courtyard Santa Barbara Downtown
0.39 miles
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Orange Tree Inn
0.41 miles
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Presidio Motel
0.42 miles
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BEST WESTERN PLUS Encina Lodge & Suites
0.43 miles
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The Upham Hotel & Country House
0.43 miles
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Simpson House Inn
0.55 miles
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Canary, a Kimpton Hotel
0.87 miles
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Autocamp Santa Barbara
0.89 miles
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IHOP
0.36 miles
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Garret's Old Fashioned Breakfast-Lunch Restaurant
0.40 miles
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Super Cuca's Carnicería
0.41 miles
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3 Monkeys
0.54 miles
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Wabi Sabi
0.55 miles
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Little Bird
0.55 miles
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Empty Bowl
0.55 miles
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Fala Bar
0.55 miles
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Little Heart Cafecito
0.56 miles
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Pizzeria Veloce
0.56 miles
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Alice F Schott Continuing Education Center
0.28 miles
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Santa Barbara College of Oriental Medicine
0.36 miles
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Notre Dame School
0.53 miles
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Wilson School
0.58 miles
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Fielding Graduate University
0.65 miles
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Harding Elementary School
0.67 miles
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Rockshop Academy
0.69 miles
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Notre Dame Academy of Santa Barbara
0.69 miles
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La Cumbre Middle School
0.70 miles
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Roosevelt Elementary School
0.85 miles
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Montessori Childrens Home
0.44 miles
Frequently Asked Questions
The space currently listed for sale at 328-330 W Islay Street asks for $2,400,000.
328-330 W Islay Street totals 8,712 square feet.
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Hayes Commercial Group
