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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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412 Corona Del Mar Santa Barbara, CA 93103
$4,395,000 0 beds, 0 baths
0 sqft
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Agent Remarks

Accessible price point for A+ location apartments by Santa Barbara's waterfront and East Beach, openly for sale for the 1st time since built in 1958. Featuring 8 generous-sized units - 6 x 1-BR over 600 gross SF (meas.), plus 2 x 2-BR over 900 gross SF (meas.) - price is $550K/unit or $806/SF, well below market for the very limited multi-family inventory near the beach of one of world's most renowned coastal communities. Highlights include attractive landscaping around a central green courtyard, high vaulted wood beam ceilings in the 4 upstairs units, moderately updated interiors, and a long pride-of-ownership history. Opportunity for the patient investor to realize long-term cap rates far above historic cap rates for Santa Barbara's beach areas; see pro-forma in unbranded OM in Documents

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26-2413
List price is $4,395,000 Reduced by $100,000 on 9/15/2026
Beds: 0
Baths: 0
Built in 1958
2 stories
10018.00 acres
Lot size: 0.2300
Subdivision: 15 - East Beach
County: Santa Barbara
Zoning: Other
Parking description: Carport
Lot description: Near Public Transit
Heating description: Forced Air
MLS area: 15 - SB/EAST OF STATE

Last Updated: 9/26/2026

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This listing belongs to the 15 - SB/EAST OF STATE MLS area

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Lat/Long: 34.418273, -119.672180.
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Listing Agent: Ken Switzer
Lic#: 01276603
Office Name: Tustin
Broker: Berkshire Hathaway HomeServices CA Properties

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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18302 Irvine Blvd, Suite 240
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