1111 E Cota St Santa Barbara, CA 93103
Eastside NeighborhoodHighlights
- Property is near an ocean
- Property is near park, public transit, schools, shops, and bus stop
- 7 Car Garage
- Franklin Elementary School Rated A-
About This Home
Nestled at the base of Santa Barbara's famed Lower Riviera lies this exceptional investment opportunity consisting of 3 freestanding homes located just minutes to Downtown Santa Barbara, The County Bowl, the Funk Zone, a wide arrange of shopping, & Santa Barbara's white sand beaches. Front house was built in the 20's and other two were '99. Each home is a 3BD/2BA with an attached 2-car garage ranging in size from 1,300 to 1,600 SF. Each home features its own laundry room, an exclusive outdoor living space, & is separately metered for all utilities. Adjacent & similar property is for sale as well at 1107 E Cota St. which is listed for the same price. Sale of 1111 E Cota St is subject to the simultaneous sale of the adjacent property located at 1107 E Cota St.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1999
Parking
- 7 Car Garage
Interior Spaces
- 4,459 Sq Ft Home
- 2-Story Property
- Laundry in unit
Schools
- Franklin Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near an ocean
- 10,890 Sq Ft Lot
- Property is near park, public transit, schools, shops, and bus stop
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 031-190-031
- Seller Considering Concessions
Community Details
Overview
- 3 Units
- 15 Riviera/Lower Subdivision
Building Details
- Operating Expense $57,161
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $35,081 | $3,381,300 | $1,300,500 | $2,080,800 |
| 2023 | $35,081 | $3,250,000 | $1,250,000 | $2,000,000 |
| 2022 | $15,117 | $1,420,325 | $473,441 | $946,884 |
| 2021 | $14,770 | $1,392,476 | $464,158 | $928,318 |
| 2020 | $14,618 | $1,378,199 | $459,399 | $918,800 |
| 2019 | $14,363 | $1,351,177 | $450,392 | $900,785 |
| 2018 | $14,160 | $1,324,684 | $441,561 | $883,123 |
| 2017 | $13,693 | $1,298,710 | $432,903 | $865,807 |
| 2016 | $13,383 | $1,273,246 | $424,415 | $848,831 |
| 2015 | $13,237 | $1,254,121 | $418,040 | $836,081 |
| 2014 | $13,020 | $1,229,556 | $409,852 | $819,704 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2025 10/28/25 | For Sale | $3,340,000 | +2.8% | $749 / Sq Ft | |
| 08/31/2022 08/31/22 | Sold | $3,250,000 | 0.0% | $729 / Sq Ft | View Prior Sale |
| 08/14/2022 08/14/22 | Off Market | $3,250,000 | -- | -- | |
| 05/16/2022 05/16/22 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,250,000 | First American Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co Com Div | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,200,000 | Fidelity National Title Co | |
| Trustee Deed | $1,184,324 | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $2,400,000 | Commercial | |
| Previous Owner | $2,100,000 | Negative Amortization |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-3962
APN: 031-190-031
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