Positioned just moments from State Streets vibrant heart, 21 E Arrellaga offers an increasingly rare investment in Santa Barbaras coveted downtown district. This 1930s triplex features all three units currently vacant – an extraordinary circumstance creating unmatched opportunity for immediate transformation. The property includes a voluminous front unit with original wood flooring, complemented by two additional units, each with their own character and private outdoor spaces. Some recent infrastructure updates provide a reliable platform for your vision. This property represents that elusive opportunity: a blank canvas in a prime location with complete freedom to reimagine all three units simultaneously – a situation that seldom occurs in Santa Barbaras tight multi-unit market.