Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1018 Garden St, Santa Barbara, CA, 93101

3beds
4baths
4,101sqft
$7,600,000
$1,853price/sqft
$43,823/moest. monthly cost
$1,752,920/yrincome needed

About This Home

An exceptional opportunity to acquire Casa Jardin, a boutique 13-key hotel ideally positioned in the heart of Santa Barbara's vibrant downtown. Located just blocks from State Street and moments from premier shopping, dining, wine bars, parks, music venues, the Santa Barbara Bowl, and the Funk Zone, the property offers both immediate income and long-term strategic upside. Casa Jardin was designed and has been operated as a staffless and keyless hotel similar to your typical Short Term Rental property making it a unique investment opportunity that delivers immediate and stabilized cash flow with in-place professional management. Additionally, each room is approved as a separate condominium, allowing for the potential to sell units individually and unlock additional future value. The asset has undergone a comprehensive rebuild within the past three years, including all new building systems, and features thoughtfully designed interiors with a clean, modern aesthetic. Each unit is pet-friendly, fully furnished, and outfitted with high-quality finishes, top-tier appliances, and amenities tailored to both short- and extended-stay guests. Operations are seamlessly handled by ZenStay, a proven hospitality operator providing full-service management--from dynamic pricing and reservations to guest services, housekeeping, and maintenance. Their platform ensures institutional-quality oversight with transparent financial reporting, allowing for a truly passive ownership experience. Casa Jardin represents a rare blend of income, lifestyle, and future optionality in one of California's most supply constrained coastal markets.

Getting Around

94
WalkingWalker's Paradise
53
TransitGood Transit
97
BikeBiker's Paradise

Schools

7/10

Construction

Condition

  • Property condition: Excellent

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Some

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,101 sqft

Property

Accessibility

  • Accessibility features: Customized Wheelchair Accessible,Accessible Approach with Ramp,Accessible Doors,Bathroom Fixtures,Other

Details

  • Parcel number: 029221033
  • Zoning: C-2

Features

  • Stories: 2

Lot

  • Lot size: 9,583 sqft
  • Features: Near Public Transit

Parking

  • Total spaces: 13
  • Parking features: Open
  • Has uncovered spaces: Yes
  • Uncovered spaces: 13