White multi-story residence with wrought-iron balconies, a gated entrance, and tall palms.
Aerial view of the outlined property near Santa Barbara’s beach, palm-lined coast, and ocean.
Aerial view of the outlined residence, with palm trees and the ocean beyond.
Aerial view of a multi-unit property outlined in yellow, with a palm-lined patio and parking area.
Courtyard patio with a striped umbrella over an outdoor dining set, surrounded by tropical plants and two-story balconies.
Residential courtyard with palm trees, tropical landscaping, outdoor seating, and a mountain view.
Residential entrance with a decorative metal gate, white stucco walls, tropical landscaping, and an American flag.
Wicker patio sofa with tan pillows, framed by tropical plants and black metal chairs.
Upper-level balcony overlooking a palm-lined courtyard, with black railings and striped rugs.
Multi-unit stucco building with a wrought-iron balcony, palm-lined landscaping, and a side driveway.
Open living room, kitchen, and dining area with white seating, a ceiling fan, and blue sideboard.
Furnished living room with wicker seating, a striped rug, and a large coastal photograph.
Dining nook with a round blue table, white chairs, wicker bench, and tall open shelving.
Furnished living room with an open kitchenette, woven furniture, striped rugs, and a lit fireplace.
Kitchen with warm wood cabinetry, stainless appliances, black farmhouse sink, and a window-side dining nook.
Bathroom with a black countertop vanity and glass-enclosed subway-tile shower.
Bedroom with a cream four-poster bed, blue accent wall, bamboo shade, and large potted tree.
Bedroom with two twin beds, blue-and-white striped walls, and a wooden bench.
Bright bedroom with a white bed, striped rug, and sliding doors opening to a palm-lined balcony.
Beach volleyball courts line a busy sandy shoreline beside the ocean.
Aerial coastal view of a park with a soccer field and playground beside the beach and ocean
Aerial view of the outlined property near a sports field, beach, and ocean, with mountains beyond.
Aerial view of 440 Por La Mar Drive near the beach, with mountains in the distance.
Aerial view of Santa Barbara coastline, beachfront homes, harbor, and a green baseball park.
SEE ALL PHOTOS
White multi-story residence with wrought-iron balconies, a gated entrance, and tall palms.
Aerial view of the outlined property near Santa Barbara’s beach, palm-lined coast, and ocean.
Aerial view of the outlined residence, with palm trees and the ocean beyond.
Aerial view of a multi-unit property outlined in yellow, with a palm-lined patio and parking area.
Courtyard patio with a striped umbrella over an outdoor dining set, surrounded by tropical plants and two-story balconies.
Residential courtyard with palm trees, tropical landscaping, outdoor seating, and a mountain view.
Residential entrance with a decorative metal gate, white stucco walls, tropical landscaping, and an American flag.
Wicker patio sofa with tan pillows, framed by tropical plants and black metal chairs.
Upper-level balcony overlooking a palm-lined courtyard, with black railings and striped rugs.
Multi-unit stucco building with a wrought-iron balcony, palm-lined landscaping, and a side driveway.
Open living room, kitchen, and dining area with white seating, a ceiling fan, and blue sideboard.
Furnished living room with wicker seating, a striped rug, and a large coastal photograph.
Dining nook with a round blue table, white chairs, wicker bench, and tall open shelving.
Furnished living room with an open kitchenette, woven furniture, striped rugs, and a lit fireplace.
Kitchen with warm wood cabinetry, stainless appliances, black farmhouse sink, and a window-side dining nook.
Bathroom with a black countertop vanity and glass-enclosed subway-tile shower.
Bedroom with a cream four-poster bed, blue accent wall, bamboo shade, and large potted tree.
Bedroom with two twin beds, blue-and-white striped walls, and a wooden bench.
Bright bedroom with a white bed, striped rug, and sliding doors opening to a palm-lined balcony.
Beach volleyball courts line a busy sandy shoreline beside the ocean.
Aerial coastal view of a park with a soccer field and playground beside the beach and ocean
Aerial view of the outlined property near a sports field, beach, and ocean, with mountains beyond.
Aerial view of 440 Por La Mar Drive near the beach, with mountains in the distance.
Aerial view of Santa Barbara coastline, beachfront homes, harbor, and a green baseball park.
Courtesy of Ken Switzer, Berkshire Hathaway HomeServices California Properties
For Sale

440 Por La Mar Drive

440 Por La Mar Drive, SANTA BARBARA, CA 93103

$8,700,000
This ultra-rare waterfront-area 8-unit multi-family offering is just a few steps to Santa Barbara's best beach East Beach, and has been recently re-positioned for higher investor return potential. The property now has an investor-friendly 6 of 8 units under landlord control, almost impossible to find today. The
apartments are all large 2-bed/1-bath, and at ~860sf each, big enough to support a 2nd bath addition for high-end luxury conversion. The units are currently held as mostly upgraded and furnished vacation rentals, in order to maintain maximum flexibility for the future for the next owner, while providing immediate cash flow. Offering Memorandum in Documents show pro-forma financials, and profitability as long-term beach-area luxury rentals should short-term rental use be curtailed.

2
beds

1
bath

7,006 Sq.Ft. LIVING AREA

10,890 Sq.Ft. lot

Ken Switzer

Ken Switzer

Features & Amenities

Interior

  • total bedrooms2
  • Total bathroom1
  • full bathroom1
  • Laundry room Laundry Room, In Unit
  • Flooring Tile

Area & Lot

  • Status For Sale
  • Living Area7,006 Sq.Ft.
  • Lot Area10,890 Sq.Ft.
  • MLS® ID26-1303
  • TypeResidential
  • YEAR BUILT1957
  • NeighborhoodSanta Barbara
  • Elementary SchoolFranklin
  • Middle SchoolS.B. Jr.
  • High SchoolS.B. Sr.

Exterior

  • STORIES2
  • lot featuresNear Public Transit
  • parkingOutside
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGOther, Window Unit(s)

Financial

  • Sales Price$8,700,000
  • Zoning R-4
Aerial view of the outlined property near Santa Barbara’s beach, palm-lined coast, and ocean.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 440 Por La Mar Drive, SANTA BARBARA, CA 93103. We are reviewing your request and will be in touch shortly!
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Contact Details

Ken Switzer

Phone

(805) 680-4622

Email

[email protected]

Address

1170 Coast Village Rd Montecito, CA 93108 Switzer, Ken | CA DRE# 01245644 Pickford Real Estate Inc

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