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$ 3,895,000
Est. payment /mo
Active
543 1/2 Arroyo AVE Avenue Santa Barbara, CA 93109
10 Beds
7 Baths
1.27 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Home/Estate
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-1822
Bedrooms 10
Full Baths 6
Half Baths 1
Year Built 1989
Lot Size 1.270 Acres
Acres 1.27
Lot Dimensions 55321.2
Property Sub-Type Home/Estate
Source Santa Barbara Multiple Listing Service
Property Description
FULLY LEASED for 26/27 AY, with over 60k in capital improvements since July 2025.
View Matterport 3D tour here: https://my.matterport.com/show/?m=eRxPZ2jsDS2
Currently operating as premium student housing, Arroyo House serves students from SBCC, UCSB, and Westmont College. This exceptional property features 10 fully furnished rooms with 26 total beds, currently configured as (3) Doubles, (5) Triples, (1) Quad, and (1) Single. Each unit has been tastefully upgraded with high-end furniture and modern finishes, offering a comfortable and stylish living environment.... Outdoor amenities include new landscaping, a volleyball court, and ample private parking -- enhancing both tenant experience and long-term value. Additionally, the solar system is fully paid off, and a 400-amp commercial-grade electrical panel has been added.
The property has seen approximately 60,000 in capital improvements since July 2025, including a brand-new sewage tank with high-capacity ejection pumps. This upgrade is expected to extend pump life from roughly 2 years to 8-10 years, eliminating what had historically been the property's most recurring maintenance burden.
Whether you're looking for a cash-flowing asset or a unique student housing opportunity, Arroyo House checks all the boxes.
This large single-family residence offers a high-occupancy dwelling ideal for use as a sober living home, recovery housing, transitional housing, supportive housing, group home, or other structured living environment, with flexibility for shared supportive residence, community-based housing, co-living property, shared housing, or room-by-room rental opportunities.
View Matterport 3D tour here: https://my.matterport.com/show/?m=eRxPZ2jsDS2
Currently operating as premium student housing, Arroyo House serves students from SBCC, UCSB, and Westmont College. This exceptional property features 10 fully furnished rooms with 26 total beds, currently configured as (3) Doubles, (5) Triples, (1) Quad, and (1) Single. Each unit has been tastefully upgraded with high-end furniture and modern finishes, offering a comfortable and stylish living environment.... Outdoor amenities include new landscaping, a volleyball court, and ample private parking -- enhancing both tenant experience and long-term value. Additionally, the solar system is fully paid off, and a 400-amp commercial-grade electrical panel has been added.
The property has seen approximately 60,000 in capital improvements since July 2025, including a brand-new sewage tank with high-capacity ejection pumps. This upgrade is expected to extend pump life from roughly 2 years to 8-10 years, eliminating what had historically been the property's most recurring maintenance burden.
Whether you're looking for a cash-flowing asset or a unique student housing opportunity, Arroyo House checks all the boxes.
This large single-family residence offers a high-occupancy dwelling ideal for use as a sober living home, recovery housing, transitional housing, supportive housing, group home, or other structured living environment, with flexibility for shared supportive residence, community-based housing, co-living property, shared housing, or room-by-room rental opportunities.
Location
State CA
County Santa Barbara
Interior
Laundry Laundry Room, In Unit
Others
Tax ID 035-040-036
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Virtual Tour https://my.matterport.com/show/?m=eRxPZ2jsDS2
Listed by Radius Group Commercial R.E.
