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Sold for $4,200,000
  • $4,200,000

    1221 Chapala St, Santa Barbara, CA 93101

    2beds
    6baths
    7,525sqft
    Multi Family
    Built in 1987
    -- sqft lot
    $4,220,100 Zestimate®
    $558/sqft
    $4,288 Estimated rent

    Home value

    $4,220,100

    $3.84M - $4.64M

    $4,288/mo

    Zestimate® history
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    $4,288/mo

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    Rent Zestimate®

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    $26,201/mo

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    $26,201/mo

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    What's special

    Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.

    Zillow last checked: 7 hours ago

    Listing updated: February 17, 2026 at 03:56am

    Listed by:

    Robert Sandefer DRE # 01996491 310-889-8463,

    The Agency 424-325-5000

    Bought with:

    Kristin Neithercut, DRE # 02003278

    Compass

    Source: CLAW,MLS#: 24-455641MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 6
    Heating
    • Central
    Cooling
    • Air Conditioning
    Features
    • Elevator
    • Flooring: Stained Concrete, Hardwood, Stone Tile
    Interior area
    • Total structure area: 7,525
    • Total interior livable area: 7,525 sqft

    Property

    Parking
    • Total spaces: 12
    • Parking features: Assigned, Covered
    • Covered spaces: 2
    • Uncovered spaces: 10
    Accessibility
    • Accessibility features: Handicap Access
    Features
    • Levels: Three Or More
    • Stories: 3
    • Pool features: None
    • Spa features: Hot Tub
    • Has view: Yes
    • View description: City, Ocean, Mountain(s)
    • Has water view: Yes
    • Water view: Ocean
    Lot
    • Size: 7,405 sqft
    • Dimensions: 32 x 228
    Details
    • Additional structures: None
    • Zoning: C-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Multi Family
    Materials
    • Roof: Clay
    Condition
    • Year built: 1987

    Community & neighborhood

    Location
    • Region: Santa Barbara

    Price history

    DateEventPrice
    1/26/2026Sold$4,200,000-11.6%$558/sqft
    Source: CLAW #24-455641 Report a problem
    9/16/2025Contingent$4,750,000$631/sqft
    Source: CLAW #24-455641 Report a problem
    5/1/2025Price change$4,750,000-4%$631/sqft
    Source: CLAW #24-455641 Report a problem
    10/23/2024Listed for sale$4,950,000$658/sqft
    Source: CLAW #24-455641 Report a problem
    6/8/2024Listing removed--
    Source: SBMLS #24-1429 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating