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$4,200,000
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Property Description
Ideally located in downtown Santa Barbara. Spanish-style 3-story fully leased mixed-use building. Located on the 3rd floor is a luxury 2,370+ sq/ft 2-bedroom 2-bath view penthouse with a large view deck off the living room for entertaining. Plus, a rooftop deck & spa with 360-degree views of Santa Barbara. Located on the ground floor 2750+sq/ft retail/office space. Second floor 2,864+ sq/ft multiple office space with a large private view deck. Elevator service to all floors. 12 designated parking spaces plus city parking across the street. One block off State St, close to the historical theater arts section. across from SB Public Market Vic, Arlington & Granada Theaters. Enjoy restaurants, shops & downtown amenities. A rare & unique offering.
Full Property Details
Full Property Details for 1221 Chapala St
General
- Sold For: $4,200,000
- Status: Closed
- Type: Commercial
- Source: SBAOR
- MLS ID: 25-1796
- Added to Site: 296 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 6
Parking
- Parking Features: Reserved, Public Lot, Uncovered, Carport
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: Victoria
Heating & Cooling
- Heating Type: GFA
Structural Information
- Living Area: 8,186 Sq. Ft.
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,405.2
- Lot Size: .17
- Zoning: C-2
Financial Considerations
- Terms: Cash, Conventional
- Tenant Pays: Ext Main, Wtr, Electricity
Disclosures and Reports
- Property ID: 039-172-002
Listed by Coast and Valley Properties
Sold by Non Member Office
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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
5/06/2025
Listed
$4,750,000
—
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 Street, Santa Barbara, CA 93101 (MLS# 25-1796) is a Commercial property that was sold at $4,200,000 on January 26, 2026. Want to learn more about 1221 Chapala Street? Do you have questions about finding other Commercial real estate for sale in West of State? You can browse all West of State real estate or contact a Coldwell Banker agent to request more information.

