Real Estate Investment Properties for Sale in Santa Barbara, CA

Looking for investment property in Santa Barbara, CA with high ROI ?

Explore a variety of short-term homes & houses in Santa Barbara, CA. Invest wisely with VRBO & Santa Barbara, CA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Santa Barbara, CA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
30 S Salinas Street #B Santa Barbara, CA Picture stepping through the front door and feeling your shoulders drop as the world outsi...	3 beds \| 1 baths \| 1,090 sq.ft.	$1,099,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 0.73% Airbnb Rental Income: $1553 Traditional Rental Income: $3194 Airbnb ROI: -1.31% Traditional ROI: 0.73%
3719 Santa Ynez Court Santa Barbara, CA New construction 4BR 2BA off Rosamond Ave in Rosamond, Nice large home located on Cul-de-S...	4 beds \| 2 baths \| 1,694 sq.ft.	$425,000	Airbnb cash on cash: 8.26% Traditional cash on cash: 7.88% Airbnb Rental Income: $5125 Traditional Rental Income: $3930 Airbnb ROI: 8.26% Traditional ROI: 7.88%
1035 De La Vina Street Santa Barbara, CA Versatile prime downtown Santa Barbara corner: Live/work opportunity on the De La Vina cor...	3 beds \| 2 baths \| 1,846 sq.ft.	$1,385,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 2.55% Airbnb Rental Income: $4206 Traditional Rental Income: $5638 Airbnb ROI: 0.75% Traditional ROI: 2.55%
284 Gould Lane Santa Barbara, CA Tucked behind the gates of Montecito's coveted Ennisbrook community, 284 Gould Lane is a g...	4 beds \| 4 baths \| 6,028 sq.ft.	$5,950,000	Airbnb cash on cash: -1.74% Traditional cash on cash: -0.35% Airbnb Rental Income: $1066 Traditional Rental Income: $8404 Airbnb ROI: -1.74% Traditional ROI: -0.35%
7620 Hollister Avenue #111 Santa Barbara, CA Welcome home to Eucalyptus Grove! A gated community in the Ellwood Neighborhood of West Go...	1 beds \| 1 baths \| 622 sq.ft.	$639,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 0.56% Airbnb Rental Income: $1992 Traditional Rental Income: $2161 Airbnb ROI: -0.6% Traditional ROI: 0.56%
424 E Arrellaga Street Santa Barbara, CA Nestled in a sought after location where the gentle chimes of the historic mission bell cr...	2 beds \| N/A baths \| 995 sq.ft.	$1,249,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.83% Airbnb Rental Income: $2732 Traditional Rental Income: $3297 Airbnb ROI: -0.21% Traditional ROI: 0.83%
917 W W Victoria Street Santa Barbara, CA First time on the market in 23 years! This charming stand alone California Cottage blends ...	2 beds \| 1 baths \| 1,044 sq.ft.	$1,250,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 0.87% Airbnb Rental Income: $3197 Traditional Rental Income: $3257 Airbnb ROI: 0.2% Traditional ROI: 0.87%
21 La Cadena Street Santa Barbara, CA Stunningly remodeled and ideally situated in Santa Barbara's sought-after Eastside, 21 La ...	3 beds \| 2 baths \| 1,100 sq.ft.	$1,399,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.66% Airbnb Rental Income: $1553 Traditional Rental Income: $3603 Airbnb ROI: -0.26% Traditional ROI: 1.66%
2417 Calle Linares Santa Barbara, CA Capture uninterrupted ocean views from this well-built home to make your own. This view h...	3 beds \| 3 baths \| 2,177 sq.ft.	$2,499,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 0.31% Airbnb Rental Income: $5419 Traditional Rental Income: $3813 Airbnb ROI: 0.53% Traditional ROI: 0.31%
630 Pico Avenue Santa Barbara, CA Two homes in one lot, Great property located just steps away from downtown Santa Barbara. ...	12 beds \| 6 baths \| 2,071 sq.ft.	$1,999,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 0.1% Airbnb Rental Income: $4206 Traditional Rental Income: $2764 Airbnb ROI: 0.44% Traditional ROI: 0.1%
1429 Shoreline Santa Barbara, CA	2 beds \| 2 baths \| 1,280 sq.ft.	$4,950,000	Airbnb cash on cash: -1.35% Traditional cash on cash: -1.08% Airbnb Rental Income: $2885 Traditional Rental Income: $3449 Airbnb ROI: -1.35% Traditional ROI: -1.08%
136 W Figueroa Street Santa Barbara, CA Unique Santa Barbara Opportunity - Commercial or Residential Use.Charming and versatile pr...	3 beds \| 1 baths \| 1,342 sq.ft.	$1,700,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 1.5% Airbnb Rental Income: $4595 Traditional Rental Income: $4347 Airbnb ROI: 1.05% Traditional ROI: 1.5%
2736 Cuesta Santa Barbara, CA Exquisite Mediterranean-style residence situated in a highly desirable Santa Barbara neigh...	3 beds \| 3 baths \| 3,223 sq.ft.	$6,995,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 0.26% Airbnb Rental Income: $11132 Traditional Rental Income: $8667 Airbnb ROI: 0.33% Traditional ROI: 0.26%
1750 Prospect Santa Barbara, CA Perched along Santa Barbaraâs coveted Lower Riviera, 1750 Prospect Avenue delivers two s...	9 beds \| 4 baths \| 3,881 sq.ft.	$2,295,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.53% Airbnb Rental Income: $2732 Traditional Rental Income: $8408 Airbnb ROI: -0.43% Traditional ROI: 2.53%
3737 San Remo Drive Santa Barbara, CA Well-maintained and lovingly cared for San Roque duplex, owned by the same family for over...	N/A beds \| N/A baths \| 5,697 sq.ft.	$1,825,000	Airbnb cash on cash: 0.61% Traditional cash on cash: -0.35% Airbnb Rental Income: $5419 Traditional Rental Income: $2696 Airbnb ROI: 0.61% Traditional ROI: -0.35%
3445 Richland Drive Santa Barbara, CA 3445 & 3449 Richland combined. Fourteen of the Sixteen units have been renovated with upgr...	N/A beds \| N/A baths \| N/A	$6,500,000	Airbnb cash on cash: 0.07% Traditional cash on cash: -1.61% Airbnb Rental Income: $11132 Traditional Rental Income: $2193 Airbnb ROI: 0.07% Traditional ROI: -1.61%
1102 Del Mar Santa Barbara, CA Perfectly positioned on the highly sought-after Santa Barbara Mesaâjust a 3-minute walk ...	4 beds \| 2 baths \| 1,420 sq.ft.	$2,720,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 0.07% Airbnb Rental Income: $2311 Traditional Rental Income: $4018 Airbnb ROI: -0.84% Traditional ROI: 0.07%
209 Barranca Santa Barbara, CA Ideally located on the coveted Santa Barbara Mesaâ only 2 blocks to Leadbetter Beach, th...	2 beds \| 2 baths \| 1,280 sq.ft.	$2,790,000	Airbnb cash on cash: -0.73% Traditional cash on cash: -0.26% Airbnb Rental Income: $2885 Traditional Rental Income: $3448 Airbnb ROI: -0.73% Traditional ROI: -0.26%

Real Estate investment in Santa-barbara, CA

There are 18 properties for sale in the city of Santa Barbara . The median list price in Santa Barbara is $1,912,000 and the average price per square foot is $884. In December 2025, the average monthly cash on cash return in Santa Barbara is N/A%. The average monthly rental income in Santa Barbara is $4,029.

Santa-barbara, CA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 18 investment properties available for sale in Santa-barbara.

In 2025, the best neighborhood to buy investment property is Hidden Valley.

The ROI for Short-Term is higher than the Long-Term in Santa-barbara with average rental income of $4,595.

Your search for investment property begins and ends here

Investment Property for Sale in Santa Barbara, CA

30 S Salinas Street #B

Santa Barbara, CA

3 beds | 1 baths | 1,090 sq.ft.

$1,099,000

Airbnb cash on cash: -1.31%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $1553

Traditional Rental Income: $3194

Airbnb ROI: -1.31%

Traditional ROI: 0.73%

3719 Santa Ynez Court

Santa Barbara, CA

4 beds | 2 baths | 1,694 sq.ft.

$425,000

Airbnb cash on cash: 8.26%

Traditional cash on cash: 7.88%

Airbnb Rental Income: $5125

Traditional Rental Income: $3930

Airbnb ROI: 8.26%

Traditional ROI: 7.88%

1035 De La Vina Street

Santa Barbara, CA

3 beds | 2 baths | 1,846 sq.ft.

$1,385,000

Airbnb cash on cash: 0.75%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $4206

Traditional Rental Income: $5638

Airbnb ROI: 0.75%

Traditional ROI: 2.55%

284 Gould Lane

Santa Barbara, CA

4 beds | 4 baths | 6,028 sq.ft.

$5,950,000

Airbnb cash on cash: -1.74%

Traditional cash on cash: -0.35%

Airbnb Rental Income: $1066

Traditional Rental Income: $8404

Airbnb ROI: -1.74%

Traditional ROI: -0.35%

7620 Hollister Avenue #111

Santa Barbara, CA

1 beds | 1 baths | 622 sq.ft.

$639,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 0.56%

Airbnb Rental Income: $1992

Traditional Rental Income: $2161

Airbnb ROI: -0.6%

Traditional ROI: 0.56%

424 E Arrellaga Street

Santa Barbara, CA

2 beds | N/A baths | 995 sq.ft.

$1,249,000

Airbnb cash on cash: -0.21%

Traditional cash on cash: 0.83%

Airbnb Rental Income: $2732

Traditional Rental Income: $3297

Airbnb ROI: -0.21%

Traditional ROI: 0.83%

917 W W Victoria Street

Santa Barbara, CA

2 beds | 1 baths | 1,044 sq.ft.

$1,250,000

Airbnb cash on cash: 0.2%

Traditional cash on cash: 0.87%

Airbnb Rental Income: $3197

Traditional Rental Income: $3257

Airbnb ROI: 0.2%

Traditional ROI: 0.87%

21 La Cadena Street

Santa Barbara, CA

3 beds | 2 baths | 1,100 sq.ft.

$1,399,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 1.66%

Airbnb Rental Income: $1553

Traditional Rental Income: $3603

Airbnb ROI: -0.26%