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$3,588,888

  • For Sale
  • Active
  • Multi-Family
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Situated down a long driveway lies this well maintained and updated 8 unit investment opportunity in the heart of Santa Barbara. 7 one bedroom apartments, and 1 two bedroom with private balconies and large outdoor patios. On site laundry and 16 parking spaces. Close to everything Santa Barbara has to offer.

Full Property Details for 316 W Valerio St

General

  • Price: $3,588,888
  • Status: Active
  • Type: Multi-Family
  • Source: SBAOR
  • MLS ID: 25-3551
  • Updated: 9/23/2025
  • Added to Site: 116 day(s) ago

Rooms

Other Rooms

  • Laundry: Laundry Room

Parking

  • Parking Features: Uncovered

Location

  • Area: 20 - SB/WEST OF STATE
  • County: Santa Barbara
  • Subdivision: 20 - Westside
  • Cross Streets: Bath St.

School Information

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

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Structural Information

  • Year Built: 1973
  • Property Condition: Good

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,196.8
  • Lot Size: .28
  • Lot Features: Near Public Transit
  • Zoning: Other, R-4

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 027-082-029

Listed by Sotheby's International Realty

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Listing agent

— 316 W Valerio St —

  • Sotheby's International Realty

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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

Get Pre-Approved

Schools serving 316 W Valerio St

School District:Santa Barbara Unified School District
NameGradesDistance
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-81.6 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-121.2 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 316 W Valerio St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/23/2025
Listed
$3,588,888
9.15%
MLS
1/02/2024
Sold
$3,288,000
—
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 316 W Valerio St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,420
10%
$3,353,760
11%
2024
$32,139
2%
$3,034,863
2%
2023
$31,557
2%
$2,975,357
2%
2022
$31,016
2%
$2,917,018
2%
2021
$30,305
1%
$2,859,823
1%
2020
$29,993
2%
$2,830,500
2%
2019
$29,471
15%
$2,775,000
16%
2018
$25,605
138%
$2,397,000
136%
2017
$10,744
2%
$1,014,132
2%
2016
$10,523
1%
$994,248
2%
2015
$10,408
2%
$979,314
2%
2014
$10,238
—
$960,132
—
2013
$10,192
—
$958,594
—
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.

Estimate the Cost for 316 W Valerio St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Sotheby's International Realty

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316 W Valerio Street, Santa Barbara, CA 93101 (MLS# 25-3551) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 316 W Valerio Street is currently listed for $3,588,888 and was received on September 23, 2025. Want to learn more about 316 W Valerio 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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