6 E Valerio Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - bed, bath
6 E Valerio Street
SANTA BARBARA, CA 93101
Property Price
SUMMARY
Analysis of 6 E Valerio Street, SANTA BARBARA, CA 93101 is currently available with a list price of $5,995,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive modern renovation with high-end finishes throughout. The interiors feature contemporary shaker-style cabinetry, quartz countertops, designer brass light fixtures, and updated large-format tile flooring. The bathrooms are fully modernized with glass enclosures and stylish vanities, while the living spaces include new mini-split HVAC systems and recessed lighting, meeting the highest current quality standards for a turnkey investment.
PROSSTRENGTHS & OPPORTUNITIES
- Short-Term Rental Income
The property includes four permitted short-term rental units on the first floor, providing a rare and lucrative turnkey investment opportunity in Santa Barbara's high-demand downtown core.
- Prime Downtown Location
Boasting a walk score paradise, the property is situated just blocks from the theatre district, fine dining, the County Courthouse, and popular parks, ensuring high desirability for both residents and guests.
- Versatile Mixed-Use Layout
The configuration offers a perfect 'live-work' or owner-user setup, featuring a spacious 1,406 sq. ft. three-bedroom residence on the second floor above the income-generating units.
CONSRISKS & DEFICIENCIES
- Premium Price Point
At a listing price of nearly $6 million for approximately 2,389 total square feet, the property carries a high price-per-square-foot that may require a specific investor profile to justify the valuation.
- Management Intensity
Operating four short-term rental units involves significant management overhead, including guest turnover, maintenance, and ongoing compliance with local hospitality regulations.
- Urban Noise Exposure
Proximity to the vibrant restaurant and theatre district may result in higher ambient noise levels and less privacy compared to traditional residential neighborhoods.
About 6 E Valerio Street
Nestled in the heart of downtown Santa Barbara, Casa Valerio blends classic charm with modern sophistication. This extensively remodeled mixed-use property offers both residential comfort and exceptional investment potential. The second-floor residence spans +/-1,406 square feet and features 3 bedrooms, 2 bathrooms, a two-car garage, and two private decks, perfect for enjoying Santa Barbara's ideal weather. The first-floor houses four permitted short-term rental units, providing a lucrative opportunity in the city's vibrant downtown core. Just blocks from the bustling restaurant and theatre district, residents and guests can enjoy the best of Santa Barbara's culinary and cultural scene. Additional nearby attractions include the weekly Farmers Markets, the County Courthouse, Paseo Nuevo, the Mission and Rose Garden, Alice Keck Park, Alameda Park, the Santa Barbara Bowl, and downtown Santa Barbara. Casa Valerio offers a combination of prime location, modern upgrades, and versatile living spaces, making it a standout property for owners, tenants, and visitors alike.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- -
- Lot Size
- -
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,389 | 2,228 | 52% |
| Lot Size | - | 7,405.2 | 9% |
| Price | $6.00M | $2.79M | 96% |
| Price per sq ft | $2.5K | $640 | 87% |
| Built year | - | 1951 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 193 | 211 | 39% |
Pricing History
Listed for Sale
Aug 26, 2025
$5,995,000
Initial Listing