1221 Chapala Street, Santa Barbara

$4,750,000

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2 Beds
6 Baths
7,525 Sqft
.17 Acre
0 Garage

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.

Essential Information

MLS® #
24455641
Price
$4,750,000
Bedrooms
2
Bathrooms
6.00
Square Footage
7,525
Acres
0.17
Year Built
1987
Type
Residential Income
Style
Spanish
Status
Active Under Contract

Community Information

Address
1221 Chapala Street
Area
VC81 - Santa Barbara
City
Santa Barbara
County
Santa Barbara
Zip Code
93101
Senior Community
N

Amenities

Parking Spaces
12
Parking
Assigned, Covered
Garages
Assigned, Covered
Pool
None

View

City Lights, Mountain(s), Ocean

Interior

Interior
Wood
Heating
Central
# of Stories
3
Stories
Three Or More

Additional Information

Date Listed
October 23rd, 2024
Days on Market
418
Zoning
C-2

Listing Details

Agent
Robert Sandefer
Office
The Agency
Property History
Status Changed from Active to Active Under Contract
Price Reduced from $4,950,000 to $4,750,000

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Based on information from California Regional Multiple Listing Service, Inc. as of December 16th, 2025 at 7:56pm PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.