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Property Description
Newly renovated office/retail space on the second floor of a freestanding building in the heart of the Milpas Corridor, across from CVS and Starbucks, and a block from Trader Joe's. Great for traditional office use and second-floor retail tenants such as pilates, yoga and dance. The suites feature an abundance of natural light with Riviera views, and now include all new finishes & fixtures, as well as on-site parking and a common kitchenette/ lounge area for second-floor tenants.
Full Property Details
Full Property Details for 331 N Milpas St #2a & 2b
General
- Price: $1
- Status: Active
- Type: Business
- Source: SBAOR
- MLS ID: 25-4135
- Updated: 3/16/2026
- Added to Site: 166 day(s) ago
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Cross Streets: E Gutierrez St
Structural Information
- Square Feet: 1,782
- Living Area: 1,782 Sq. Ft.
Lot Features
- Zoning: Other
Financial Considerations
- Terms: See Remarks
Disclosures and Reports
- Property ID: 031-363-029
Listed by Hayes Commercial Group
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Schools
Schools serving 331 N Milpas St #2a & 2b
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Santa Barbara, CA 290 Lighthouse Road, Santa Barbara, CA 93109 | K-6 | 2.8 mi |
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 0.3 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 331 N Milpas St #2a & 2b
Date
Details
Price
Change
Source
11/12/2025
Listed
$1
-100%
MLS
2/22/2022
Sold
$3,300,000
—
Public Record
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
Tax History for 331 N Milpas St #2a & 2b
Year
Property Taxes
Change
Tax Assessment
Change
2024
$32,635
—
$3,172,000
3%
2024
$32,635
-9%
$3,080,000
-8%
2023
$35,710
—
$3,366,000
—
2022
$35,622
2%
$3,349,462
2%
2021
$34,805
1%
$3,283,787
1%
2020
$34,447
2%
$3,250,117
2%
2019
$33,847
1%
$3,186,390
2%
2018
$33,369
3%
$3,123,913
2%
2017
$32,267
3%
$3,062,661
2%
2016
$31,412
1%
$3,002,610
2%
2015
$31,067
2%
$2,957,509
2%
2014
$30,556
—
$2,899,577
—
2013
$30,418
—
$2,886,474
—
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
Estimate the Cost for 331 N Milpas St #2a & 2b
331 N Milpas Street #2a & 2b, Santa Barbara, CA 93103 (MLS# 25-4135) is a Business property. 331 N Milpas Street #2a & 2b is currently listed for $1 and was received on November 12, 2025. Want to learn more about 331 N Milpas Street #2a & 2b? Do you have questions about finding other Business real estate for sale in East Of State? You can browse all East Of State real estate or contact a Coldwell Banker agent to request more information.

