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$4,200,000
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Property Description
Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.
Full Property Details
Full Property Details for 1221 Chapala St
General
- Sold For: $4,200,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 24-455641
- Added to Site: 497 day(s) ago
Interior
- Flooring: Stained Concrete, Hardwood, Stone Tile
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool Description: None
- Spa: Yes
- Spa Description: Hot Tub
- Other Features: None
Parking
- Covered Spaces: 2
- Garage Description: Assigned, Covered Parking
Location
- Area: Santa Barbara
- County: Santa Barbara
- Driving Directions: Chapala Street and W Victoria Street
Heating & Cooling
- Cooling Type: Air Conditioning
- Heating Type: Central
Utilities
- Trash: 1236
Structural Information
- # Buildings: 1
- Architectural Style: Spanish
- Roof: Clay
- Disability Access: Handicap Access
- Stories/Levels: 3
- Square Feet: 7,525
- Sq. Ft. Source: Appraiser
- Year Built: 1987
- Year Built Source: Appraiser
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107, 2108
Unit 1
- Total Bathrooms: 2
Unit 2
- Total Bathrooms: 2
Unit 3
- Total Bathrooms: 2
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Property View: City, Ocean, Mountains
- Lot Size (Acres): 0.17
- Lot Size: 7405
- Lot Size Source: Vendor Enhanced
- Lot Dimensions: 32 x 228
- Zoning: C-2
Financial Considerations
- Price Per Sq. Ft.: $631.23
- Insurance Fee: $4,646
- Assessment Year: 1987
- Pays Electric: 11000
- Pays Trash: 1236
Disclosures and Reports
- Disclosures/Reports: None
- APN: 039-172-002
Listed by The Agency, Robert Sandefer
Sold by Compass, Kristin Neithercut
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Schools
Schools serving 1221 Chapala St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 1.1 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1221 Chapala St
Date
Details
Price
Change
Source
1/26/2026
Sold
$4,200,000
-11.58%
MLS
5/01/2025
Price Reduced
$4,750,000
-4.04%
MLS
10/23/2024
Listed
$4,950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1221 Chapala St, Santa Barbara, CA 93101 (MLS# 24-455641) is a Multi-Family property that was sold at $4,200,000 on January 26, 2026. Want to learn more about 1221 Chapala St? Do you have questions about finding other Multi-Family real estate for sale in Santa Barbara? You can browse all Santa Barbara real estate or contact a Coldwell Banker agent to request more information.

