134 A Chapala St

$2,500,000
Price
6
Beds
4,470 Sq. Ft.
$559 / Sq. Ft.
4,470
Sq. Ft.
$559
per Sq. Ft.

Description

Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and surrounded by high-end hotels, restaurants, and attractions, it offers diverse revenue streams and strong appreciation...Rare hospitality investment opportunity in the heart of Santa Barbara's waterfront district. 134 Chapala Street is a fully operating boutique hostel steps from State Street, the Funk Zone, and the beach. Featuring modern accommodations, updated amenities, and consistent year-round occupancy, the property combines prime location with proven income performance. Zoned for transient use and surrounded by high-end hotels, restaurants, and attractions, it offers diverse revenue streams and strong appreciation potential. With Santa Barbara's tourism market continuing to expand, this turn-key asset presents investors a rare opportunity to own a coastal hospitality property in one of California's most supply-constrained and desirable destinations—
  1. Listed by John Thyne • DRE #01356582 • Goodwin & Thyne Properties
    P: (805)-895-7309 C: (805)-895-7309 teamgt@gtprop.com

Property Details for 134 A Chapala Street

MLS Neighborhood
20 - West Beach
Zoning
Other, S-D
Zoning:S-D
Yes
Zoning:Other
Yes
Location Info:Cross Street
Yanonali
Property Information:Recurring Fees
No
LISTING UPDATED: 11/06/2025 02:47 PM

Property Details for 134 A Chapala Street

StatusActive
MLS #25-3651
Days on Market75
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built2023
Lot Size0.34 AC / 14,810 SF
CountySanta Barbara County

Location

Listing Courtesy of Goodwin & Thyne Properties, John Thyne, DRE #01356582
Add your commute

Building Information for 134 A Chapala Street

Stories1Residences66Year Built2023Building Size-Lot Size0.34 AC / 14,810 SF

Payment Calculator

$12,353 per month

30 year fixed, 6.28% Interest

Principal and Interest

$12,353

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 134 A Chapala Street

Details
Features
  • District: 20 - SB/WEST OF STATE
  • District: 20 - SB/WEST OF STATE
  • Amenities:Fire Spkl: Yes
  • Amenities:Cable TV: Yes
  • Amenities:Gas Stove: Yes
  • Amenities:Ovens/Bltin: Yes
  • Amenities:Dishwasher: Yes
  • Amenities:Disposal: Yes
  • Amenities:Microwave: Yes
  • Amenities:Washer: Yes
  • Amenities:Dryer: Yes
  • Amenities:Refrigerator: Yes
  • Amenities:220V: Yes
  • FlrWdw Coverings:Other: Yes
  • Laundry Features: In Unit
  • Laundry:In Unit: Yes
  • Security:Fire Alarm: Yes
  • Security:Smoke Detector(s): Yes
  • Flooring: Other
  • Heating: GFA
  • Security Features: Fire, Smoke Detc
  • Heating: Yes
  • Heating/Cooling:GFA: Yes
  • Year Built Numeric: 2023
  • Main House SqFt: 4470.0
  • Stories: 1
  • Property Information:Stories: 1.0
  • Building Area Total: 4470.0
Taxes and HOA Information
  • Parcel Number: 000-000-000
  • Association Fee: $.00
Parking/Garage
  • Open Parking Spaces: 11.00
  • Parking Features: Uncovered
  • Parking Info:Uncovered: Yes
  • Parking Info:Total # Unconvered Spaces: 11.00
Miscellaneous
  • Miscellaneous:# Refrigerators: 2.00
  • Miscellaneous:# Stoves: 2.00
  • Miscellaneous:Parking Spaces: 11.00
Room Info
Room Info
  • Total Bathrooms: .00
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
Location Info
Location Info
  • Location Info:Compass Map: Santa Barbara
  • Location Info:Map Grid: P13
  • Location Info:Walk Score: 89.00
  • Location Info:Bike Score: 99.00
  • Proximity:Near Ocean: Yes
  • Proximity:Near Park(s): Yes
  • Proximity:Near School(s): Yes
  • Proximity:Near Shopping: Yes
Neighborhood/Schools
  • Elementary School: McKinley
  • Junior High School: S.B. Jr.
  • High School: S.B. Sr.
  • NeighborhoodSchools:Elementary School: McKinley
  • NeighborhoodSchools:Junior High School: S.B. Jr.
  • NeighborhoodSchools:High School: S.B. Sr.
Property / Assessor Information
Property / Assessor Info
  • Foundation Details: Slab
  • Lot Size Square Feet: 14810.4
  • Lot Size Area: 0.34
  • Lot Size Acres: 0.34
  • Lot Size Units: Acres
  • Property Type Label: Res Inc
  • New Construction YN: No
  • Foundation:Slab: Yes
  • Condition:Excellent: Yes
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Year Built: 2023.0
Utility Info
  • Meters:Sep Meter Wtr: N
  • Meters:Sep Meter Elec: N
  • Meters:Sep Meter Gas: No
Income / Expense Info
Income / Expense Info
  • Income/Expenses:Capitalization Rate: 5.2
  • Income/Expenses:NOI: 394000
  • Income/Expenses:Annual Income: $771,000
  • Gross Income: $771,000
Unit Info
Unit Info
  • Number Of Units Total: 66
Unit 1 Info
  • Unit 1:# Units: 66
  • Unit 1:# Bedrooms: 6
  • Unit 1:# Baths: 4
  • Unit 1:# Half Baths: 0
  • Unit 1:Furnished: Y
  • Unit 1:Rent: $64,250.00
  • Unit 1:Monthly Total: $64,250.00

Property History for 134 A Chapala Street

DateEvent & SourcePriceAppreciation
Sep 30, 2025

Listed (Active)

Santa Barbara AOR #25-3651

$2,500,000
DateEvent & SourcePrice
09/30/2025

Listed (Active)

Santa Barbara AOR #25-3651

$2,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 134 A Chapala Street

This home is within Santa Barbara Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 7 to 8
Rating
School
Distance
McKinley Elementary School
PublicK to 6

La Cumbre Junior High School
Public7 to 8

La Cuesta Continuation High School
Public9 to 12

Alta Vista Alternative High School
Public7 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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134 A Chapala Street is a multi-family home for sale in Santa Barbara, CA 93101. This property was listed for sale on October 1, 2025 by Goodwin & Thyne Properties, it's currently listed at $2,500,000. This listing's school district is Santa Barbara Unified School District. Nearby schools include McKinley Elementary School, La Cumbre Junior High School and La Cuesta Continuation High School. 134 A Chapala Street is a 6-bed, 4-bath, 4,470 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Goodwin & Thyne Properties, John Thyne, DRE #01356582

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.