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1107-1111 E Cota St, Santa Barbara, CA, 93103

3beds
2baths
8,853sqft
$6,500,000
$734price/sqft
$38,780/moest. monthly cost
$1,551,200/yrincome needed

About This Home

Nestled at the base of Santa Barbara's famed Lower Riviera, this exceptional investment opportunity consists of six freestanding homes across two adjacent parcels at 1107 and 1111 E Cota Street, located just minutes from Downtown Santa Barbara, the Santa Barbara County Bowl, the Funk Zone, a wide variety of shopping, and Santa Barbara's white sand beaches. The offering includes six 3BD/2BA homes, each with an attached two-car garage, ranging in size from approximately 1,300 to 1,600 SF. The homes at 1107 E Cota St were constructed in 1999, while 1111 E Cota was originally built in the mid-1920s and substantially remodeled in 1999. See ''more'' Each residence features its own laundry room, exclusive outdoor living space, and separate utility metering, providing privacy and operational efficiency similar to single-family homes. Additionally, 1111 E Cota St includes a lower-level room of 327± SF adjacent to a 480 SF two-car garage, creating the potential to combine the spaces into an 800± SF 2BD ADU, further enhancing rental income and property value. Originally designed and built to be condominiums, this offering presents a rare opportunity for owner-occupants, apartment investors, 1031 exchange buyers, and employee housing buyers, as well as value-add investors pursuing ADU development and/or potential condominium conversion.

Getting Around

87
WalkingVery Walkable
36
TransitSome Transit
67
BikeBikeable

Schools

8/10

Construction

Condition

  • Property condition: Good
  • Year built: 1999

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Flooring: Wood/Laminate

Heating

  • Heating features: Forced Air

Interior Area

  • Total interior livable area: 8,853 sqft

Property

Details

  • Parcel number: 031190032
  • Zoning: R-2

Lot

  • Lot size: 0.50 Acres
  • Features: Near Public Transit

Parking

  • Total spaces: 12
  • Parking features: Garage

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Landslide
    LandslideRelatively High
  • Wildfire
    WildfireRelatively High

How This Home’s Risks Compare

Inland Flooding
Earthquake
Landslide
Wildfire

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $32,867$394,404
Home Insurance *$820$9,840
Property Taxes $3,195$38,340
Electricity $1,898$22,780
Total$38,780$465,360
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,329,600/yr
40% on housing$1,163,400/yr
45% on housing$1,034,133/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$734This listing

vs Other Active Listings

Avg $/sqft

ZIP 93103$1,114
Santa Barbara County$1,075

vs Homes Sold Last Month

Median $/sqft

ZIP 93103$1,325
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$6,500,000

For Sale by Agent

AgentFrancois DeJohn
BrokerageHayes Commercial Group

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