---
listing_id: ML81939633
status: Closed
price: 3288000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 5570
sqft_lot: 12197
lot_acres: 0.28
year_built: 1973
property_type: Residential Income
property_subtype: 
address: "316 W Valerio St"
city: Santa Barbara
state: CA
zip: 93101
county: "Santa Barbara County"
lat: 34.424816
lng: -119.715238
days_on_market: 941
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Michael Henshaw"
list_office: "Marcus & Millichap"
list_agent_phone: "(650) 269-6453"
list_agent_license: 01134592
mls_source: MLSL
modified: 2026-02-01
transaction_type: recentlySold
---

Home | Santa Barbara County | Santa Barbara | 93101 | 316 W Valerio St

316 W Valerio St, Santa Barbara, CA 93101

MLS: ML81939633 | Status: | Price: $3,288,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
5,570 0.28 1973

Remarks

316 W Valerio St is a stunning 8-unit investment opportunity located in the heart of Santa Barbara, CA. Situated on a parcel of land totaling 12,196 square feet, the subject property was originally constructed in 1973 and features a gross building area of approximately 5,570 square feet. The subject property offers tenants beautifully designed two-bedroom and one-bedroom floor plans. The investment appeal of this asset is driven by Santa Barbara's appealing location as evident from its growing population. With a world-class location in the heart of the city, 316 W Valerio St presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment. options.

MLS Listing Information

Field Value
MLS # ML81939633
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Kitchen Exhaust Fan, Varies by Unit
Appliances Cooktop - Electric, Exhaust Fan, Garbage Disposal, Microwave, Other, Oven - Electric, Oven Range - Electric, Washer/Dryer
Flooring Carpet, Laminate, Other, Tile, Vinyl/Linoleum
Laundry Coin Operated
Cooling Other
Heating Electric

Exterior Features

Feature Details
Roof Shingle
Foundation Slab, Other
Style Other, Traditional, Unknown

Parking, School, and Other Information

Feature Details
Garage/Parking Assigned Spaces, Guest / Visitor Parking, Other, Garage: 0 Car(s)
Elementary District Santa Barbara Elementary
High School District Santa Barbara High
Sewer Public Sewer
Water Public
Zoning R-4

Contact Information

Michael Henshaw
Marcus & Millichap
License #: 01134592
Phone: (650) 269-6453

Property Units

# Buildings # Leased Units # Total Units
1 8 8

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 1 1/0 7
2 2 1/0 1

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Harding University Partnership public K-6 0.69 mi 8
Santa Barbara Community Academy public K-6 0.72 mi 5
La Cumbre Junior High School public 7-8 0.74 mi 6
Roosevelt Elementary School public K-6 0.88 mi 6
Alta Vista Alternative High School public 9-12 1.14 mi 6
Alta Vista Alternative High School public 7-8 1.14 mi N/A
La Cuesta Continuation High School public 9-12 1.15 mi 1
Santa Barbara Senior High School public 9-12 1.19 mi 6
Adams Elementary School public K-6 1.23 mi 7
McKinley Elementary School public K-6 1.42 mi 3
Santa Barbara Junior High School public 7-8 1.54 mi 2
Monroe Elementary School public K-6 1.65 mi 7
Washington Elementary School public K-6 1.87 mi 5
Santa Barbara Unified Early Childhood public UG 2.06 mi N/A
Franklin Elementary School public K-6 2.12 mi 8
Monte Vista Elementary School public K-6 2.43 mi 10
Cleveland Elementary School public K-6 2.44 mi 3
Hope Elementary School public K-6 2.69 mi 7
La Colina Junior High School public 7-8 2.87 mi 8
Vieja Valley Elementary School public K-6 3.20 mi 10

Disclosures

©2026 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Michael Henshaw, (650) 269-6453.