333 E Carrillo St
333 E Carrillo St, Santa Barbara, CA 93101
10-unit multifamily asset ideally situated in the heart of Downtown Santa Barbara, offering an exceptional blend of location, condition, and upside potential. The property features a desirable unit mix of (8) one-bedroom/one-bath and (2) two-bedroom/one-bath apartments. The building has been well-maintained property with beautifully landscaped grounds, and 8 uncovered parking spaces—a valuable amenity in this prime urban location. Several units have been recently refreshed, providing an immediate sense of pride of ownership while still leaving room for further modernization and rent growth.
Ideally positioned within walking distance to Downtown Santa Barbara’s shops, restaurants, and entertainment, this property offers an unparalleled living experience and long-term investment stability in one of California’s most sought-after coastal markets
Building Size
±5,438 SF
Lot Size
±8,276 SF
Units
10
Unit Mix
(8) 1BD/1BA; (2) 2BD/1BA
Price Per Unit
$395,000
Cap Rates
4.28% | 4.64% | 4.96%
GRM
13.83 | 13.14 | 12.56
NOI
$169,200
APN
029-221-014
Year Built
1956
Zoning
C-G
Parking
±8 Uncovered Spaces
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Radius Commercial Real Estate
Radius Commercial Real Estate
Radius Commercial Real Estate
Radius Commercial Real Estate
Building Details
- For Sale $3,675,000
- Property Type Multi-Family
- Property Size 5,438 SF
- Units 10
- Lot Size 0.19 Acre
- Cap Rate % 4.28
- Parking Spaces Avail. 8
- Parking Ratio 1.47 / 1,000 SF
- Year Built 1956
- Date Updated Apr 8, 2026
Getting Around
-
Walk Score ®
Very Walkable (82) -
Transit Score ®
Good Transit (50) -
Bike Score ®
Biker's Paradise (96)
Location
- City Santa Barbara, CA
- Neighborhood Laguna
- Zip Code 93101
- Market Central Coast
Points of Interest
Zoo Train
1.89 miles
SBA Economy Lot 3
7.76 miles
SBA Economy Lot 2
7.79 miles
SBA Economy Lot 1
7.83 miles
SBA Terminal
7.88 miles
Goleta
8.35 miles
ChargePoint
0.34 miles
Santa Barbara Gas
0.68 miles
Arco
0.86 miles
Chevron
1.07 miles
Fuel Depot
2.22 miles
True Zero
3.15 miles
Conserv Fuel
3.15 miles
Village Service Station
3.76 miles
City Lot #7 (Library Garage)
0.32 miles
Santa Barbara Historical Society Parking
0.33 miles
City Lot #8
0.33 miles
City Lot #6 (Granada Garage)
0.37 miles
The Junior Lot
0.37 miles
Cota Commuter Lot
0.44 miles
City Lot #3
0.44 miles
City Lot #2
0.45 miles
City Lot #10
0.45 miles
Thrifty Car Rental
7.52 miles
Car Rental Offices
7.90 miles
Enterprise
7.90 miles
National
7.90 miles
Alamo
7.90 miles
Avis
7.90 miles
Budget
7.90 miles
Dollar
7.90 miles
Hertz
7.90 miles
Rud's Mexican
0.23 miles
Judge for Yourself Cafe
0.28 miles
Secret Bao
0.35 miles
Hook & Press Donuts
0.35 miles
State & Fig
0.35 miles
Petit Valentien
0.36 miles
Pizza Mizza Parlor & Arcade
0.36 miles
Mizza
0.38 miles
L'Antica Pizzeria
0.39 miles
Marshalls
0.36 miles
Paseo Nuevo Mall
0.46 miles
Nordstrom
0.47 miles
Ralphs
0.54 miles
Smart & Final
0.57 miles
Tino's Italian Grocery
0.60 miles
Chapala Market
0.62 miles
Trader Joe's
0.92 miles
Santa Cruz Market
1.00 miles
SB Fire Station 3
0.39 miles
Sansum Cinic
0.48 miles
Eastside Neighborhood Clinic
0.49 miles
Santa Barbara Fire Station 1
0.51 miles
Ralphs Pharmacy
0.56 miles
Anapamu Holistic Health Clinic
0.62 miles
CVS Pharmacy
0.63 miles
Westside Neighborhood Clinic
1.14 miles
Rite Aid
1.19 miles
333 E Carrillo St Listing Summary
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What is the asking price at 333 E Carrillo St?
333 E Carrillo St is currently listed for sale at Contact for pricing.
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What is the total size of 333 E Carrillo St?
333 E Carrillo St has a total of 5,438 square feet.
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What is the year built for 333 E Carrillo St?
The year built for 333 E Carrillo St is 1956.