Property History
Property Type
Property Type
Property Subtype
Marketing Description
This property’s unique availability makes it perfect for owner-users, residential
developers, or commercial tenants. It presents a rare chance to acquire a piece of
Santa Barbara’s historic downtown with exceptional development potential. Possible
uses include residential conversion, boutique hotel development, or commercial
occupancy by an owner-user.
Investment Highlights
- Offering Price: Undisclosed
- Square Feet: ±3,085
- Extensive Lot Size: ±9,583 square feet with opportunities for landscaped gardens, patios, and outdoor living spaces
- Zoning: O-R - Mixed Use (Residential/Commercial); Potential single family home or multi-family income opportunity
- On-Site Parking: 8 spaces
- Historical Value: Original location of Pitts & Bachmann Realty, a cornerstone in Santa Barbara real estate history
- Historic Spanish Colonial Revival Architecture: Timeless charm with the potential for luxurious single-family living
- Ideal Location: steps from state street, dining, parks, and entertainment, with a Walk Score of 94
- INVESTMENT OPPORTUNITY AND USE CASES:
- Luxury Single-Family Estate: Reimagine this historic property as an elegant, custom designed single-family residence. With its timeless architecture, prime location, and onsite parking, this property offers the rare chance to create an exclusive home in the heart of Santa Barbara.
- Multifamily or Short-Term Rentals: Capitalize on the strong demand for high-end apartments or short-term rental units in this sought-after market. The downtown setting and flexibility make it ideal for residential conversion, subject to local regulations.
- Owner-User Opportunity: Now vacant and ready for immediate use, this property offers an unmatched opportunity for an owner-user to occupy and tailor the space to their needs. The versatile layout lends itself to a variety of professional or commercial applications, all within a prestigious downtown Santa Barbara location that enhances visibility and accessibility.
- Boutique Hotel Concept: Convert this iconic property into a boutique hotel to tap into Santa Barbara’s thriving tourism industry. Its architectural character and central location are perfectly suited to attract affluent travelers seeking a distinctive lodging experience.
- Commercial Tenant Potential: For investors, this property’s central location and accessibility position it as an excellent option for high-end professional services, boutique retail, or other commercial uses allowed under local zoning. The downtown address ensures consistent demand from tenants seeking premier spaces.
Loan History
Financial History
Tax History
Contact Information
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Ownership Information
Zoning
O-R CommercialOfficeOffice Restricted
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View all 91 uses
View all 91 uses Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Map
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Rental Market Overview
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