$1,895,000

Downtown

The Acacia Apartments

A rare and very special offering in the heart of downtown Santa Barbara. The Acacia is a classic Victorian with stunning architectural detailing built circa 1903. Originally listed in the City street files as a rooming house, it has been modified and expanded over the years and is on the Santa Barbara Potential Historic Structures list.

The two duplexes, one attached to the house and one over the six car garage were added in 1938 and 1945.  There is also another detached garage, storage room and laundry room. The main house is now configured as a one bedroom residence downstairs, and one studio and two one bedroom units upstairs.

Owned by the current family since the 1970's, The Acacia has been well maintained and enjoys a long history of consistent rental income. The main house could be returned to a single family residence with the benefit of income from the two duplexes.

The large lot offers a charming garden area with gazebo. Wonderful location just a half block to State St. with easy access to Santa Barbara's fine dining and entertainment.

Unit Mix 

Main House:
#1 - Downstairs - One bedroom, two baths, architectural details            
#2 - Upstairs - Studio, one bath
#3 - Upstairs - One bedroom, one bath
#4 - Upstairs - One bedroom, one bath

Duplex attached to main house:
#5 - Studio, one bath, completely renovated
#6 - Studio, one bath

Duplex over garage:
#7 - Studio, one bath, vaulted ceilings
#8 - Studio, one bath, vaulted ceilings

Full information package available upon request.