Seller's Agent in 2026
Robert Sandefer
The Agency
(310) 889-8463
1 in this area
30 Total Sales
1221 Chapala St Santa Barbara, CA 93101
Downtown Santa Barbara Neighborhood
2
Beds
6
Baths
7,525
Sq Ft
7,405
Sq Ft Lot
Highlights
- Ocean View
- Spa
- Spanish Architecture
- Santa Barbara Senior High School Rated A-
- Wood Flooring
- Air Conditioning
About This Home
As of January 2026Downtown Santa Barbara, mixed use Spanish Style building with 5614 sq feet of rented office/commercial space with a new buildout, high ceilings, open floor plan, and private office spaces. An additional 1911 sq foot, plus large deck space, Spanish Style residential penthouse with 2 bedrooms, 2 baths, full kitchen, and roof deck and 360 views of Santa Barbara. Located on Chapala and Victoria, 1 block off State Street and close to all restaurants, shops, and downtown amenities. A rare offering, trophy investment property in the California Riviera.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 32 x 228
Property Views
- Ocean
- City
- Mountain
Home Design
- Spanish Architecture
- Clay Roof
Interior Spaces
- 7,525 Sq Ft Home
- 3-Story Property
- Elevator
Flooring
- Wood
- Stone
- Concrete
Bedrooms and Bathrooms
- 2 Bedrooms
- 6 Bathrooms
Parking
- 10 Open Parking Spaces
- 12 Parking Spaces
- 2 Covered Spaces
- Covered Parking
- Assigned Parking
Pool
- Spa
Utilities
- Air Conditioning
- Central Heating
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 039-172-002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 1, 2025
Closed on
Jan 15, 2026
Sold by
Sandefer James P and Sandefer Dori A
Bought by
Chapala Street Holdco Llc
Seller's Agent
Robert Sandefer
The Agency
Buyer's Agent
Kristin Neithercut
Compass
List Price
$4,750,000
Sold Price
$4,200,000
Premium/Discount to List
-$550,000
-11.58%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1585.11%
Original Mortgage
$760,000
Outstanding Balance
$760,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back
Estimated Equity
$4,970,312
Purchase Details
Closed on
Jan 3, 2013
Sold by
Montgomery Robert W
Bought by
Sandefer James P and Sandefer Dori A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 25, 2005
Sold by
Chapala Development Llc
Bought by
Montgomery Robert W and The Mongomery Revocable Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.64%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2004
Sold by
Harris Mark P and Harris Terry L
Bought by
Chapala Development Llc and Rl Properties Of California Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
5.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 20, 2004
Sold by
Mc&H Of Santa Barbara Llc
Bought by
Harris Mark P and Lokre Roland
Purchase Details
Closed on
Jan 3, 2000
Sold by
Montgomery R W
Bought by
Mc&H Of Santa Barbara Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,180
Interest Rate
7.84%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,200,000 | Fidelity National Title Compan | |
| Grant Deed | $2,475,000 | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Individual Deed | -- | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $760,000 | Seller Take Back | |
| Open | $2,090,000 | New Conventional | |
| Previous Owner | $600,000 | Commercial | |
| Previous Owner | $1,500,000 | Commercial | |
| Previous Owner | $2,450,000 | Commercial | |
| Previous Owner | $442,180 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/26/2026 01/26/26 | Sold | $4,200,000 | -11.6% | $558 / Sq Ft |
| 09/08/2025 09/08/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | Price Changed | $4,750,000 | 0.0% | $631 / Sq Ft |
| 05/01/2025 05/01/25 | For Sale | $4,750,000 | +13.1% | $631 / Sq Ft |
| 04/30/2025 04/30/25 | Off Market | $4,200,000 | -- | -- |
| 10/23/2024 10/23/24 | For Sale | $4,950,000 | 0.0% | $658 / Sq Ft |
| 06/07/2024 06/07/24 | Rented | $6,950 | 0.0% | -- |
| 05/03/2024 05/03/24 | For Rent | $6,950 | +22.0% | -- |
| 05/05/2020 05/05/20 | Rented | -- | -- | -- |
| 05/05/2020 05/05/20 | Under Contract | -- | -- | -- |
| 03/27/2020 03/27/20 | For Rent | $5,695 | -18.6% | -- |
| 04/10/2018 04/10/18 | Rented | -- | -- | -- |
| 03/11/2018 03/11/18 | Under Contract | -- | -- | -- |
| 03/01/2018 03/01/18 | For Rent | $7,000 | -- | -- |
Source: The MLS
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 | $31,584 | $3,041,616 | $1,046,710 | $1,994,906 |
| 2023 | $31,584 | $2,923,509 | $1,006,066 | $1,917,443 |
| 2022 | $30,479 | $2,866,187 | $986,340 | $1,879,847 |
| 2021 | $29,781 | $2,809,988 | $967,000 | $1,842,988 |
| 2020 | $29,474 | $2,781,176 | $957,085 | $1,824,091 |
| 2019 | $28,961 | $2,726,644 | $938,319 | $1,788,325 |
| 2018 | $28,552 | $2,673,181 | $919,921 | $1,753,260 |
| 2017 | $27,609 | $2,620,767 | $901,884 | $1,718,883 |
| 2016 | $26,891 | $2,569,380 | $884,200 | $1,685,180 |
| 2014 | $26,158 | $2,481,213 | $853,859 | $1,627,354 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Sandefer
-
Kristin Neithercut
Buyer's Agent in 2026
Kristin Neithercut
Compass
(508) 826-7127
1 in this area
185 Total Sales
-
Bob Ruccione
Seller's Agent in 2024
Bob Ruccione
Coast and Valley Properties
(805) 729-2004
1 in this area
22 Total Sales
-
Natasha Miller
N
Seller's Agent in 2018
Natasha Miller
Lemon Tree Management, INC
(805) 895-6758
1 in this area
1 Total Sale
-
Andy Alexander
Seller Co-Listing Agent in 2018
Andy Alexander
Lemon Tree Management, INC
(805) 722-2531
1 in this area
13 Total Sales
Map
Source: The MLS
MLS Number: 24-455641
APN: 039-172-002
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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