Positioned just moments from State Street's vibrant heart, 21 E Arrellaga offers an increasingly rare investment in Santa Barbara's 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 Barbara's tight multi-unit market.