Bunny Maxim

Your Central Coast Realtor
MLS #V1-34044 image #0
Bath Street Flats is a boutique multifamily investment located in one of Santa Barbara’s most supply-constrained downtown submarkets, offering hands-off ownership and durable cash flow. Situated just two blocks from the Santa Barbara Public Market and minutes from the Theatre District, the property benefits from consistent tenant demand, strong rental performance, and full occupancy. The asset has been meaningfully repositioned, allowing a new owner to step into a fully stabilized investment with limited near-term capital exposure and current income of $30,250 per month. With high barriers to entry and limited turnover, the property is ideally suited for a 1031 exchange buyer, private investor, or family office seeking stable income and long-term capital preservation in Santa Barbara.A newly constructed ADU (2022) adds additional value, while off-street parking and a modernized on-site laundry facility further enhance tenant convenience. This is a well stabilized investment opportunity, ideal for a 1031 exchange or long-term hold. With its unbeatable downtown location, consistent rental demand, and exceptional curb appeal, Bath Street Flats stands out as an ideal option for a hands-off investor.
Current real estate data for Single Family in Santa Barbara as of Feb 08, 2026
81
Single Family Listed
96
Avg DOM
1,677
Avg $ / SqFt
$5,938,668
Avg List Price

Property Details

Price:
$4,950,000
MLS #:
V1-34044
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
vc81santabarbara
Listed Date:
Jan 12, 2026
Total Sq Ft:
5,555
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1889
See Remarks, VictorianVc81 – Santa BarbaraVc81santabarbaraNeighborhood

Schools

Interior

Cooling
CA, ZN
Heating
FA, ZN, CF, COM, DUC
Laundry Features
AR, IR, STK, ICL, WINC

Exterior

Architectural Style
SEE, VIC
Community Features
SDW, CRB, BIKI
Parking Spots
8
Roof
SEE
Security Features
EXL, SD

Financial

Net Operating Income
$259,386

Map

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Community

Property Summary

    Located in the Not Applicable subdivision, 1416 Bath ST Santa Barbara CA is a Single Family for sale in Santa Barbara, CA, 93101. It is listed for $4,950,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1889. The average price per square foot for Single Family listings in Santa Barbara is $1,677. The average listing price for Single Family in Santa Barbara is $5,938,668.

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Born and raised in Massachusetts and living throughout New England, Bunny has always enjoyed being close to the coast. Her move to California’s Central Coast has kept her near lovely, natural beaches with the added attraction of the desirable Mediterranean climate. Her love of this area makes her a natural ambassador in presenting the communities to newcomers. She enhances her knowledge of the Central Coast with over thirty years of professional real estate experience, as well as a background a…

More About Bunny
1416 Bath ST
Santa Barbara, CA

When you think of Real Estate, think of Bunny Maxim and Expect the Best!

We specialize in Residential, Commercial, Lots/Land and Investment Property in the Central Coast of California including the following areas:

  • Santa Maria
  • Orcutt
  • Los Alamos
  • Lompoc
  • Buellton
  • Solvang
  • Santa Ynez
  • Nipomo
  • Arroyo Grande
  • Oceano
  • Grover Beach
  • Pismo Beach
  • San Luis Obispo
  • Paso Robles

Santa Maria Office

125 E. Clark Ave

Orcutt, CA 93455

Pismo Beach Office

2665 Shell Beach Rd, Ste J

Pismo Beach, CA 93449

(805) 878-0807

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