$3,818,500
- 6 Beds
- 3 Baths
618 Olive St, Santa Barbara, CA 93101
Est. Refi. Payment $23,619/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 7, 2025 for $3,650,000
Home Value
Trulia Estimate
$3.82MSince last month
Increased$34K (+0.9%)Since last year
Increased$237K (+6.7%)Since last sale
Increased$137K (+3.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +135% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $3.79M |
| August 2026 | $3.75M |
| July 2026 | $3.72M |
| June 2026 | $3.74M |
| May 2026 | $3.73M |
| April 2026 | $3.76M |
| March 2026 | $3.69M |
| February 2026 | $3.67M |
| January 2026 | $3.69M |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $3,305,000 | 04/15/26 | 6 | 6 | 4,487 | |
0.01 | Multi-Family Home | $3,650,000 | 11/07/25 | 14 | 12 | 6,000 | |
0.76 | Multi-Family Home | $3,135,000 | 12/31/25 | 4 | 3 | 2,527 | |
0.70 | Multi-Family Home | $1,675,000 | 11/21/25 | 6 | 4 | - | |
0.79 | Multi-Family Home | $3,300,000 | 12/30/25 | 7 | 5 | 3,816 | |
0.72 | Multi-Family Home | $2,787,500 | 01/22/26 | 9 | 7 | - | |
1.02 | Multi-Family Home | $3,800,000 | 10/15/25 | 2 | 3 | 3,459 | |
0.51 | Multi-Family Home | $1,750,000 | 05/22/26 | 11 | 8 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $3,818,500 | 14 | 12 | 6,000 | Off Market | |
0.12 | $1,020,300 | 2 | 1.5 | 1,271 | Off Market | |
0.16 | $1,290,000 | 5 | 3 | 1,823 | Off Market | |
0.14 | $1,924,200 | 7 | 3 | - | Off Market | |
0.17 | $1,946,800 | 3 | 2.5 | 1,526 | Off Market | |
0.16 | $1,728,200 | 2 | 1.5 | 944 | Off Market | |
0.24 | $3,305,000 | 6 | 6 | 4,487 | Recently Sold | |
0.26 | $1,470,000 | 2 | 2 | - | Recently Sold | |
0.25 | $1,870,000 | 2 | 2.5 | 1,433 | Recently Sold | |
0.25 | $1,536,200 | 2 | 2 | 1,294 | Off Market | |
0.26 | $2,400,000 | 1 | 2 | 2,169 | Recently Sold |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 2024
About this House
Located in the heart of downtown Santa Barbara, this multifamily investment property presents a rare opportunity, featuring a mix of newly constructed and renovated buildings. Three of the six units were built from the ground up between 2023 and 2024, while the remaining three have been extensively improved, all with market rents in place. Offered at a current 5.47% cap rate and a GRM of 12.71, the property is ideal for investors seeking a more passive investment. Tenants enjoy exceptional walkability, with a Walk Score of 94 and a Bike Score of 99, providing easy access to Santa Barbara's most exciting destinations including Arnoldi's, Santa Barbara's iconic Italian restaurant and the emerging Haley corridor. Total current monthly income is $25,650.
Last check for updates: about 2 hours ago
Listed by Jonathan P Standring 01893163, (805) 453-5097
Beachside Partners
Lori Zahn 01914851, (805) 451-2712
Beachside Partners
Bought with: Jonathan P Standring 01893163, (805) 453-5097, Beachside Partners
Source: SBMLS, MLS#24-3988

Home Details for 618 Olive St
|
|---|
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 3 |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Stories: 2 |
View No View |
|
|---|
Cumulative Days on Market: 261 |
|
|---|
Year Built Year Built: 2024 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 031171009 |
|
|---|
Price List Price: $3,795,000 |
Status Change & Dates Off Market Date: Fri Sep 19 2025 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: SANTA BARBARACommunity: 15 or 20 - Downtown |
School Information Elementary School: FranklinJr High / Middle School: S.B. Jr.High School: S.B. Sr. |
|
|---|
Lot Area: 10018.8 sqft |
|
|---|
Listing Terms: Cash, Ctnl |
|
|---|
Mls Number: 24-3988 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 7, 2025 Source: SBMLS #24-3988 | Sold | $3,650,000 |
Sep 19, 2025 Source: SBMLS #24-3988 | Pending | $3,795,000 |
Jan 2, 2025 Source: SBMLS #24-3988 | Listed For Sale | $3,795,000 |
Market trends in Santa Barbara
Last updated August 2026
Avg. sale price
$1.78M
$8.33KMoM
Sale-to-List Price
98.4%
0.3%MoM
Price per sq ft
$1.16K
$14MoM
Available listings
223
8MoM
Around this home
What Locals Say about Laguna
At least 27 Trulia users voted on each feature.
97 % Say it's dog friendly
87 % Say there are sidewalks
83 % Say it's walkable to restaurants
74 % Say people would walk alone at night
67 % Say it's walkable to grocery stores
65 % Say parking is easy
59 % Say there's holiday spirit
59 % Say it's quiet
58 % Say car is needed
56 % Say yards are well-kept
56 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
47 % Say kids play outside
39 % Say streets are well-lit
29 % Say there's wildlife
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
Frequently asked questions about 618 Olive St
- What is 618 Olive St estimated to be worth?Trulia's estimated value for 618 Olive St in Santa Barbara, CA is $3,818,500.
- What is the price history for 618 Olive St?618 Olive St in Santa Barbara, CA last sold for $3,650,000 in November 2025.
- Is Santa Barbara a buyer's or seller's market?Santa Barbara is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Santa Barbara?The median sale price in Santa Barbara is $1.78M. That is up $8.33K from the prior month.