Seller's Agent in 2025
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
20 in this area
94 Total Sales
15 W Islay St Santa Barbara, CA 93101
Oak Park Neighborhood
--
Bed
--
Bath
3,453
Sq Ft
7,405
Sq Ft Lot
Highlights
- Property is near an ocean
- Santa Barbara Senior High School Rated A-
- Property is near park, public transit, schools, shops, and bus stop
About This Home
As of October 2025Opportunity to Own a Prime SB Multi-Family Asset w/ Major Upgrades & Future Value-Add Potential. 15 W. Islay St. features a 1920s duplex w/ (2) 1BD/1BA units & a 1963 triplex w/ (1) 2BD/1BA + (2) 1BD/1BA units, w/ upstairs tenants enjoying a shared balcony. Ideally located between Downtown & Upper State, residents benefit from easy freeway access & nearby shopping, dining & entertainment. Substantial recent upgrades provide a well-maintained asset in a strong rental market. Added value exists through rental upside & the City's ADU program. Current ownership has submitted plans to convert the carport into a Jr. ADU, plus potential for 2 detached ADUs at the rear.
Last Agent to Sell the Property
Radius Group Commercial R.E. License #00772218 Listed on: 09/02/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 7,405
Home Design
- 3,453 Sq Ft Home
Parking
- Carport
- Uncovered Parking
Location
- Property is near park, public transit, schools, shops, and bus stop
- Property near a hospital
Schools
- Peabody Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near an ocean
- 7,405 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 027-101-006
Community Details
Overview
- 5 Units
Building Details
- Gross Income $141,180
- Net Operating Income $77,345
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2025
Closed on
Oct 27, 2025
Sold by
Bought by
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Brody Loring
Alpha Investment Management
List Price
$2,295,000
Sold Price
$2,210,000
Premium/Discount to List
-$85,000
-3.7%
Views
9
Purchase Details
Closed on
Apr 30, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.86%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,210,000 | Chicago Title Company | ||
| $1,850,000 | Fidelity National Title Compan |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $700,000 | ||
| Previous Owner | $462,500 | ||
| Previous Owner | $1,387,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2025 10/31/25 | Sold | $2,210,000 | -3.7% | $640 / Sq Ft |
| 09/12/2025 09/12/25 | Pending | -- | -- | -- |
| 09/02/2025 09/02/25 | For Sale | $2,295,000 | -- | $665 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $1,840 | $2,210,000 | $750,000 | $1,460,000 |
| 2025 | $1,840 | $167,919 | $67,393 | $100,526 |
| 2023 | $1,808 | $161,469 | $64,777 | $96,692 |
| 2022 | $1,743 | $158,338 | $63,507 | $94,831 |
| 2021 | $1,701 | $155,268 | $62,262 | $93,006 |
| 2020 | $1,683 | $153,695 | $61,624 | $92,071 |
| 2019 | $1,654 | $150,716 | $60,416 | $90,300 |
| 2018 | $1,630 | $147,796 | $59,232 | $88,564 |
| 2017 | $1,577 | $144,933 | $58,071 | $86,862 |
| 2016 | $1,624 | $142,127 | $56,933 | $85,194 |
| 2014 | $1,583 | $137,311 | $54,980 | $82,331 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Golis
-
Brody Loring
Buyer's Agent in 2025
Brody Loring
Alpha Investment Management
(805) 729-7070
2 in this area
12 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-3289
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