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$2,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago
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1611 Castillo Street offers a rare opportunity to acquire a well-located Santa Barbara triplex on a 16,988 SF lot, fully entitled for an additional seven total units. The property provides strong in-place income with approved plans for a clear near-term path to added density and future upside. Existing improvements include three well-maintained units: a remodeled 2BD/1BA and 1BD/1BA renovated in 2018, plus a 1BD/1BA built in 2006 with central HVAC and a gas fireplace. Each unit includes a private garage and dedicated storage. Minutes from downtown, the beach, Cottage Hospital, State Street, Funk Zone, and transit, 1611 Castillo offers investors a compelling opportunity to grow income in a supply-constrained coastal market.

Full Property Details for 1611 Castillo St

General

  • Price: $2,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: SBAOR
  • MLS ID: 26-1953
  • Updated: 6/18/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Hardwood, Tile, Wood/Laminate

Rooms

Other Rooms

  • Laundry: Laundry Room, In Unit

Parking

  • Parking Features: Outside, Garage, Carport

Location

  • Area: 20 - SB/WEST OF STATE
  • County: Santa Barbara
  • Subdivision: 15 or 20 - Downtown
  • Cross Streets: Arrellaga

School Information

  • Elementary School: Peabody
  • Middle School: S.B. Jr.
  • High School: S.B. Sr.

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes

Structural Information

  • Foundation: Slab, Raised
  • Square Feet: 2,122
  • Living Area: 2,122 Sq. Ft.
  • Year Built: 2006
  • Property Condition: Excellent, Good

Lot Features

  • Lot Size (Acres): 0.39
  • Lot Size (Sq. Ft.): 16,988
  • Lot Size: 16988
  • Lot Features: Near Public Transit
  • Zoning: Other, CLA

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 027-161-010

Listed by Beachside Partners

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— 1611 Castillo St —

  • Beachside Partners

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 1611 Castillo St

School District:Santa Barbara Unified School District
NameGradesDistance
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-81.5 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1611 Castillo St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/18/2026
Listed
$2,995,000
46.1%
MLS
1/20/2022
Sold
$2,050,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1611 Castillo St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$22,982
2%
$2,175,476
2%
2024
$22,589
4%
$2,132,820
4%
2023
$21,745
928%
$2,050,000
915%
2022
$2,116
3%
$202,048
2%
2021
$2,064
1%
$198,087
1%
2020
$2,042
2%
$196,057
2%
2019
$2,005
-2%
$192,214
2%
2018
$2,049
7%
$188,446
2%
2017
$1,908
-2%
$184,752
2%
2016
$1,943
1%
$181,130
2%
2015
$1,921
2%
$178,410
2%
2014
$1,890
—
$174,916
—
2013
$1,882
—
$174,126
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Beachside Partners

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1611 Castillo Street, Santa Barbara, CA 93101 (MLS# 26-1953) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 1611 Castillo Street is currently listed for $2,995,000 and was received on June 18, 2026. Want to learn more about 1611 Castillo Street? Do you have questions about finding other Multi-Family 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.

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