15 W Padre St Santa Barbara, CA 93105
Oak Park NeighborhoodEstimated payment $17,567/month
Highlights
- Property is near a park
- Santa Barbara Senior High School Rated A-
- 3 Car Detached Garage
About This Home
Rare offering of this timeless Colonial-style duplex in a prime location—just one property off State Street. With over 3,000 square feet of living space, the property presents a wealth of possibilities: live in one unit and rent the other, create an ideal setup for multigenerational living, or rent both units for strong income potential. The expansive 3-car garage offers additional upside—consider converting it into an ADU, or reimagine the entire property as a spacious single-family home. The lower unit features 3BD/2BA; the upper offers 2BD/1BA plus a sunroom. Both boast large living rooms, fireplaces, bay windows, formal dining rooms, breakfast nooks, built-ins, and other period details. Architectural charm and unbeatable proximity to shops make this a unique investment opportunity.
Listing Agent
Berkshire Hathaway HomeServices California Properties License #00629053 Listed on: 07/10/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,385
Year Built
- Built in 1937
Lot Details
- 6,969 Sq Ft Lot
- Property is in good condition
Parking
- 3 Car Detached Garage
Home Design
- Slab Foundation
Interior Spaces
- 1,687 Sq Ft Home
- 2-Story Property
- Laundry in unit
Location
- Property is near a park
- 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
Community Details
- 2 Units
- 15 Or 20 Downtown Subdivision
Listing and Financial Details
- Assessor Parcel Number 025-311-025
- Seller Considering Concessions
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 |
---|---|---|---|---|
2023 | $18,385 | $1,701,050 | $682,695 | $1,018,355 |
2022 | $17,742 | $1,667,697 | $669,309 | $998,388 |
2021 | $17,335 | $1,634,998 | $656,186 | $978,812 |
2020 | $17,156 | $1,618,234 | $649,458 | $968,776 |
2019 | $16,857 | $1,586,505 | $636,724 | $949,781 |
2018 | $16,619 | $1,555,398 | $624,240 | $931,158 |
2017 | $16,071 | $1,524,900 | $612,000 | $912,900 |
2016 | $15,692 | $1,495,000 | $600,000 | $895,000 |
2015 | $17,015 | $1,615,608 | $985,835 | $629,773 |
2014 | $16,735 | $1,583,961 | $966,524 | $617,437 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/10/2025 07/10/25 | For Sale | $2,895,000 | +93.6% | $1,715 / Sq Ft |
12/22/2015 12/22/15 | Sold | $1,495,000 | 0.0% | -- |
12/22/2015 12/22/15 | Sold | $1,495,000 | -6.5% | -- |
12/02/2015 12/02/15 | Pending | -- | -- | -- |
12/02/2015 12/02/15 | Pending | -- | -- | -- |
10/28/2014 10/28/14 | For Sale | $1,599,000 | 0.0% | -- |
10/28/2014 10/28/14 | For Sale | $1,599,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $1,495,000 | First American Title Company | |
Grant Deed | -- | Equity Title Company Santa B |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,205,000 | Commercial | |
Closed | $700,000 | Purchase Money Mortgage | |
Previous Owner | $510,000 | Purchase Money Mortgage | |
Previous Owner | $50,000 | Credit Line Revolving |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-2652

APN: 025-311-025
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