Chapala Street

Santa Barbara | California

A Crown of

Condo Design

View Photos Watch Film 360° VTour Open House

Caleb Overton

Presented At

$10,500,000

Living

11,675

SQFT

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111

Chapala Street

Santa Barbara | California

111 Chapala Street, Santa Barbara, California, United States. , Santa Barbara , California

Residential Income in SANTA BARBARA

Recognized as one of Santa Barbara's most iconic and cherished apartment properties, La Casa Rosalia is for sale for the 1st time in nearly 40 years. In a premium West Beach location 1.5 blocks to the waterfront and 1 block to State Street, the property is a crowning example of local Spanish Colonial architecture at its peak era, designed in 1930 by E. Keith Lockard. Today the 17 total units in 3 buildings are ready for the generational investor to claim a trophy property with an unmatched long-term upside potential, plus possible Mills Act tax benefits and R-4/Coastal zoning. The 11,675+/-SF measured gross living area = ~$900/SF, perhaps half of the market value for the area of a future renovated complex. Unbranded OM available in Documents. Don't miss a true one-of-a-kind opportunity!

Gallery

3D Street View Tour

Property Location

111 Chapala Street, Santa Barbara, California, United States., Santa Barbara California

Local Weather & Climate

Santa Barbara, California

Current Conditions Updated recently

64 °F

Scattered clouds

Feels Like 63°F

Humidity 48%

Wind 1 mph

Visibility 6.2 mi

Sunrise 2:57 PM

Sunset 1:26 AM

5-Day Forecast

Sat 31 Jan

Clear

High 74°

Low 63°

Sun 1 Feb

Clear

High 73°

Low 64°

Mon 2 Feb

Clear

High 71°

Low 59°

Tue 3 Feb

Clear

High 73°

Low 60°

Wed 4 Feb

Clear

High 76°

Low 64°

Annual Climate Based on last 12 months

56° Avg Low

Jan

77° Avg High

Aug

50 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

32.4" Annual Rainfall

Semi-Arid climate

Monthly Temperatures

Jan

71°

46°

Feb

72°

48°

Mar

79°

55°

Apr

73°

51°

May

73°

54°

Jun

77°

59°

Jul

85°

65°

Aug

89°

69°

Sep

84°

64°

Oct

82°

58°

Nov

71°

52°

Dec

72°

49°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around Santa Barbara?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

What is the size of 111 Chapala Street, Santa Barbara, California, United States?

This property offers 11,675 square feet of living space.

What is the listing price for 111 Chapala Street, Santa Barbara, California, United States?

This property is listed at $1,050,000,000, which equals $89936 per square foot.

What is the climate like in Santa Barbara?

Santa Barbara features a pleasant climate. Average temperatures range from 56°F in winter to 77°F in summer. The area receives approximately 32.4 inches of precipitation annually. There are about 50 days with rain throughout the year. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to Santa Barbara?

Santa Barbara tends to be warmest in Aug and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 111 Chapala Street, Santa Barbara, California, United States?

This is a other located in Santa Barbara, California. The property is situated in an established neighborhood with convenient access to local amenities and services.