
Santa Barbara, CA 93101
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.
Property is new construction or fully renovated.
The property has been extensively remodeled, as stated in the description, and the images confirm a very recent, high-quality renovation. All kitchens (and kitchenettes) feature modern dark grey shaker-style cabinets, white quartz/marble-look countertops, stainless steel appliances (where applicable), and contemporary black or stainless steel fixtures. Bathrooms are equally modern with new wooden vanities, white sinks, gold-accented mirrors and lighting, and walk-in showers with glass enclosures and pebble floors, or modern shower/tub combos. Flooring is a mix of new large-format tile and wood-look laminate. All visible components, including mini-split HVAC units and lighting, appear new or virtually new, showing no signs of wear or deferred maintenance. The overall aesthetic is fresh, clean, and meets current quality standards.
Nestled in the heart of downtown Santa Barbara, the property is just blocks from the bustling restaurant and theatre district, weekly Farmers Markets, and other major attractions, offering unparalleled access to urban amenities.
The first floor houses four permitted short-term rental units, providing a lucrative and consistent revenue stream in Santa Barbara's vibrant tourism market.
This property offers a unique blend of residential comfort on the second floor and exceptional investment potential through the ground-floor rental units, appealing to a broad range of buyers.
The listing price of $5,995,000 is substantial, placing the property in a very exclusive market segment and potentially limiting the pool of prospective buyers.
With a lot size of 3,049 square feet, the property offers limited exterior space beyond the private decks, which might be a consideration for buyers seeking larger outdoor areas.
Managing a residential unit alongside four short-term rental units requires significant ongoing effort, coordination, and active oversight, which may not suit all investors or owner-occupants.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 2,389 | 1,614 |
| Lot Size | 3,049 | 8,365.125 |
| Price | $6.00M | $1.78M |
| Price per sq ft | $2.5K | $1.1K |
| Built year | 0 | 1936 |
| HOA | $0 | $0 |
| Days on market | 379 | 43 |
Aug 26, 2025
$5,995,000
Initial Listing