102 S Voluntario Street, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 0 bed, 0 bath
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SANTA BARBARA, CA 93103
Analysis of 102 S Voluntario Street, SANTA BARBARA, CA 93103 is currently available with a list price of $2,850,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property consists of two brand-new and two extensively renovated units in mint, turnkey condition. It features modern systems like mini-split HVAC, contemporary flooring, and updated fixtures, requiring no immediate maintenance.
Featuring two newly constructed units and two extensively renovated units, the property offers a low-maintenance investment with minimal immediate capital expenditure required.
With three of the four units delivered vacant, investors have the rare opportunity to immediately place tenants at current market-rate rents, maximizing initial cash flow.
The combination of one-bedroom and two-bedroom units caters to a wide range of tenants in Santa Barbara’s high-demand rental market, ensuring long-term occupancy stability.
At a list price of $2.85 million, the price per unit is significant, which may result in a lower initial capitalization rate compared to other multifamily markets.
The reported total square footage of 1,011 for four units suggests very compact living quarters, which could limit the tenant pool to those seeking minimalist or micro-living arrangements.
102 S. Voluntario Street is a turnkey four-unit multifamily investment opportunity in Santa Barbara's highly sought-after rental market. Situated on an approximately 8,500-square-foot lot, the property consists of two duplexes featuring two extensively renovated one-bedroom units and two newly constructed, ground-up two-bedroom units that have never been occupied. Three of the four units will be delivered vacant, providing immediate flexibility for investors or owner-users and the opportunity to lease units at market rents. With a desirable unit mix, strong rental demand, and a prime Santa Barbara location, the property offers a rare multifamily investment opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,011 | - |
| Lot Size | 7,841 | - |
| Price | $2.85M | $2.13M |
| Price per sq ft | $2.8K | $813 |
| Built year | 2026 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 47 |
Jul 16, 2026
$2,850,000
Initial Listing
Nov 24, 2020
$625,000
Public Record