$2,399,000
$601K PRICE DROP

Estimated payment $13,480/month

Total Views 3,682
3 Beds
1 Bath
880 Sq Ft
$2,726 Price per Sq Ft

Highlights

  • 0.25 Acre Lot
  • Mountain View
  • Wood Flooring
  • Santa Barbara Senior High School Rated A-
  • Property is near a park
  • No HOA

About This Home

Exceptional Santa Barbara Bowl Investment Property -Priced to Sell! This gem offers stunning views, open floor plans, and single-story structures with an extra-large covered and open parking area. This incredible residential income property is a rare find!Welcome to this charming, one-of-a-kind investment property. The main house is approximately 880 sq. ft., featuring 3 bedrooms, 1 bathroom, and private patio areas with a deck off the back to enjoy monumental views, entertaining, gardening, and peaceful Zen moments. The kitchen opens to the living and dining areas, making it a desirable home for family gatherings and creating lasting memories.Behind the main house are two duplex units. Unit B, approximately 1,204 sq. ft., boasts wide open spaces, 3 bedrooms, 1 & 3/4 bathrooms, a cozy brick fireplace in the living room, a dining room, and a large kitchen that opens to a private entertaining patio area. Unit C, approximately 1,026 sq. ft., features 2 bedrooms, 1 bathroom, a living room with an inviting fireplace, a large kitchen, and 2 private side and back patio areas, perfect for entertaining and enjoying the Santa Barbara lifestyle.This property is situated on a large lot in the heart of Santa Barbara, close to State Street, dining and shopping areas, the Santa Barbara Bowl, Santa Barbara Harbor, East Beach, Old Mission Santa Barbara, Mission Historical Park & Mission Rose Garden, Santa Barbara Museum of Natural History, Alameda Park, the 4-plus-acre dog-friendly Orpet Park, schools, hospitals, and more!Don't miss out on this extraordinary investment opportunity!

Listing Agent

Shelley Cole

Coldwell Banker Realty License #01262798 Listed on: 12/16/2024

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,110

Lot Details

  • 0.25 Acre Lot
  • No Common Walls

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Mountain Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 8 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Guest Parking
  • Parking Lot
  • RV Potential

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Location

  • Property is near a park

Utilities

  • Cooling Available
  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 029085020
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,110

Lot Details

0

Listing Details

  • Assessments: No
  • Inclusions: Exceptional Santa Barbara Bowl Investment Property - Over $500K Price Reduction!Priced to Sell! This gem offers stunning views, open floor plans, and single-story structures with an extra-large covered and open parking area. This incredible residential income property is a rare find!Welcome to this charming, one-of-a-kind investment property. The main house is approximately 880 sq. ft., featuring 3 bedrooms, 1 bathroom, and private patio areas with a deck off the back to enjoy monumental views, entertaining, gardening, and peaceful Zen moments. The kitchen opens to the living and dining areas, making it a desirable home for family gatherings and creating lasting memories.Behind the main house are two duplex units. Unit B, approximately 1,204 sq. ft., boasts wide open spaces, 3 bedrooms, 1 & 3/4 bathrooms, a cozy brick fireplace in the living room, a dining room, and a large kitchen that opens to a private entertaining patio area. Unit C, approximately 1,026 sq. ft., features 2 bedrooms, 1 bathroom,
  • Property Attached: No
  • View: Yes
  • Zoning: R-3
  • Property Type: Residential Income
  • Parcel Number: 029085020
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Living Area: 880.00
  • Stories: 1
  • Entry Location: Main Level
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Living Room
  • Room Type: Living Room

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Oversized, Private, Guest, Detached Carport, Carport, RV Potential, Parking Space
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Heating Type: Floor Furnace, Wall Furnace, Fireplace(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 10890.00
  • Lot Size Acres: 0.2500

Multi Family

  • Lot Size Area: 10890.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3

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 $6,110 $584,976 $304,677 $280,299
2023 $6,110 $562,262 $292,847 $269,415
2022 $5,895 $551,238 $287,105 $264,133
2021 $5,758 $540,430 $281,476 $258,954
2020 $5,699 $534,889 $278,590 $256,299
2019 $5,599 $524,402 $273,128 $251,274
2018 $5,520 $514,121 $267,773 $246,348
2017 $5,338 $504,041 $262,523 $241,518
2016 $5,274 $494,159 $257,376 $236,783
2015 $5,217 $486,737 $253,510 $233,227
2014 $5,132 $477,204 $248,545 $228,659
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 For Sale $2,399,000 0.0% $2,726 / Sq Ft
06/22/2025 06/22/25 Off Market $2,399,000 -- --
06/02/2025 06/02/25 Price Changed $2,399,000 +4.3% $2,726 / Sq Ft
05/30/2025 05/30/25 Price Changed $2,299,000 -4.2% $2,613 / Sq Ft
04/02/2025 04/02/25 Price Changed $2,399,000 -2.0% $2,726 / Sq Ft
03/12/2025 03/12/25 Price Changed $2,449,000 -3.9% $2,783 / Sq Ft
02/27/2025 02/27/25 Price Changed $2,549,000 -1.9% $2,897 / Sq Ft
02/03/2025 02/03/25 Price Changed $2,599,000 -2.8% $2,953 / Sq Ft
01/06/2025 01/06/25 Price Changed $2,675,000 -10.8% $3,040 / Sq Ft
12/16/2024 12/16/24 For Sale $2,999,999 -- $3,409 / Sq Ft
Source: Ventura County Regional Data Share

Purchase History

Date Type Sale Price Title Company
Gift Deed -- First American Title
Gift Deed -- First American Title
Grant Deed -- First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $420,000 New Conventional
Previous Owner $330,000 New Conventional
Previous Owner $286,000 New Conventional
Previous Owner $333,700 Unknown
Previous Owner $275,000 Unknown
Source: Public Records

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MLS Number: 224004972

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APN: 029-085-020