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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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  • 22 E Montecito Street

22 E Montecito Street, Santa Barbara, CA 93101

$3,600,000 Approx. USD 0 beds, 0 baths
4,000 sqft
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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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Listing Agent


Robert Tuler
Lic#: 00643325
Broker: Courtesy of Radius Group Commercial R.E.

Co Listing Agent


Gene Deering | gdeering@radiusgroup.com
Lic#: 01450943
Broker: Courtesy of Radius Group Commercial R.E.

Agent Remarks

A rare ground lease investment opportunity in the heart of Santa Barbara's Funk Zone with freeway frontage -- one of the Central Coast's most dynamic & sought-after urban districts. The ground lease rate is substantial below market. This dual-parcel offering delivers a truly passive, absolute NNN income stream with zero landlord responsibilities. No expenses, no management, no surprises - just pure, unencumbered cash flow from day one. Ground leased, absolute NNN investments of this caliber in a market like Santa Barbara are exceptionally rare to market. Once the ground Lease expires land owner will take full control of the entire property. Buyer to use Seller's AIR Purchase Contract, which has been filled out with required language for the sale of the property.

Listing Details

Property type: Retail (Commercial)
Status: Pending
MLS# 26-2271
Price: $3,600,000
4,000 sqft
20472.00 acres
Lot size: 0.3600
County: Santa Barbara
Zoning: Other
MLS area: 15 - SB/EAST OF STATE

Last Updated: 11/3/2026

 Days On Market (DOM): 118

 Find more SANTA BARBARA homes and real estate

 Find more homes in 93101 zip code

This listing belongs to the 15 - SB/EAST OF STATE MLS area

Lat/Long: 34.415442, -119.691923.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575
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