$2,695,000

Estimated payment $14,928/month

Total Views 928
-- Bed
-- Bath
3,035 Sq Ft
$888 Price per Sq Ft

Highlights

  • Deck
  • Property is near public transit
  • Fireplace
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • Patio

About This Home

Property consists of a well-maintained 3 bedroom house up front with a workshop/laundry room below. At the rear portion of the property, there are (2) one bedroom apartments over a 4 car garage. There is the potential to add (2) 2 bedroom ADU units on the property between the front house and the apartments. Property will be delivered vacant at close of escrow. See sales flyer for more details.

Listing Agent

Jim Turner

JT Real Estate Group License #00970829 Listed on: 08/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,932

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Property is in good condition

Parking

  • 4 Car Garage

Home Design

  • Raised Foundation

Interior Spaces

  • 3,035 Sq Ft Home
  • Fireplace

Kitchen

  • Stove
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl Plank

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit
  • Property near a hospital
  • Property is near shops
  • Property is near a bus stop

Schools

  • Peabody Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 025-363-013
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $135,600
  • Net Operating Income $84,856

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,932

Year Built

Built in 1987

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1987
  • Income Expenses Annual Income: 135600.0
  • Gross Rent Multiplier: 19.9
  • Monthly Income: 11300.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 4.0
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Carpet, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1987
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 3035.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 13503.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Parking Info Garages: Yes
  • Amenities Deck2: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Disposal2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • HeatingCooling GFA: Yes
  • Amenities Patio2: Yes
  • Foundation Raised2: Yes
  • IncomeExpenses NOI2: 84856
  • Parking Info Total # Garage Spaces2: 4.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.31
  • Foundation Details: Raised

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Garages
  • Total Parking Spaces: 4.0

Utilities

  • Heating: GFA
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

  • Elementary School: Peabody
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 025-363-013
  • Zoning: R-3
  • Lot Size Sq Ft: 13503.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 135600.0
  • Total Actual Rent: 11300.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,932 $285,728 $62,102 $223,626
2023 $2,932 $274,636 $59,692 $214,944
2022 $2,826 $269,252 $58,522 $210,730
2021 $2,758 $263,974 $57,375 $206,599
2020 $2,728 $261,268 $56,787 $204,481
2019 $2,679 $256,146 $55,674 $200,472
2018 $2,639 $251,125 $54,583 $196,542
2017 $2,551 $246,202 $53,513 $192,689
2016 $2,475 $241,375 $52,464 $188,911
2015 $2,446 $237,750 $51,676 $186,074
2014 -- $233,094 $50,664 $182,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2025 08/09/25 For Sale $2,695,000 -- $888 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $250,000 Credit Line Revolving
Closed $300,000 New Conventional
Closed $250,000 Credit Line Revolving
Closed $250,000 New Conventional
Closed $160,000 Purchase Money Mortgage
Closed $50,000 Credit Line Revolving
Closed $95,000 Unknown
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-3016

Santa Barbara Multiple Listing Service

APN: 025-363-013