NOT LISTED FOR SALE

1826 Loma St Santa Barbara, CA 93103

Lower Riviera Neighborhood
-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold November 09, 2021

Last sale price $2,920,000

66 Days on Market

Highlights

  • Deck
  • Property is near a park
  • Patio
  • Santa Barbara Senior High School Rated A-
  • 2 Car Detached Garage
  • 2-minute walk to Orpet Park

About This Home

As of November 2021

Incredible opportunity to own 5 units on Santa Barbara's highly coveted Riviera. The property consist of a 4BD/2BA home along with (4) updated 1BD/1BA units at the rear of property. The front home and 2nd story units offer dazzling ocean and city views. While this property checks all of the boxes for a pure investment, it also offers the space for owners to live comfortably in the house while collecting rental income from the 4 units in the back building. The house was tastefully remodeled in 2016 with an all new open floor-plan, new electrical, new plumbing, new bathrooms and new flooring throughout. The property also boasts brand new landscaping and as of October 2021, monthly rent total will be $13,910/Month with tenants paying utilities.

Last Agent to Sell the Property

Jon Standring

Beachside Partners License #01893163 Listed on: 08/05/2021

Last Buyer's Agent

Jennifer Berger

Compass License #01309181

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in good condition

Flooring

  • Tile
  • Vinyl Plank

Laundry

  • Laundry Room

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

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

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Shared Gas Meter
  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 027-071-011

Community Details

Overview

  • 5 Units
  • 15 Riviera/Lower Subdivision

Building Details

  • Gross Income $166,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1920
  • Income Expenses Annual Income: 166920.0
  • Monthly Income: 13910.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 2.0
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 15 - Riviera/Lower
  • Reso Flooring: Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1920
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • HeatingCooling Wall3: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6970.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • Amenities Deck2: Yes
  • Amenities Patio2: Yes
  • Parking Info Detached3: Yes
  • Parking Info Street: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.16
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Street, Detached
  • Total Parking Spaces: 2.0

Schools

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

Lot Info

  • Parcel #: 027-071-011
  • Zoning: R-4
  • Lot Size Sq Ft: 6970.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 166920.0
  • Total Actual Rent: 13910.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $2,920,000 -10.0% --
10/04/2021 10/04/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $3,245,000 +39.6% --
06/10/2016 06/10/16 Sold $2,325,000 -2.1% --
03/18/2016 03/18/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $2,375,000 +51.3% --
06/02/2015 06/02/15 For Sale $1,570,000 0.0% --
06/01/2015 06/01/15 Sold $1,570,000 -- --
06/01/2015 06/01/15 Pending -- -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Standring

    Seller's Agent in 2021

    Jon Standring

    Beachside Partners

    (805) 705-7311

    3 in this area

    55 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Berger

    Compass

    (805) 451-5484

    1 in this area

    46 Total Sales

    Section Image

  • T

    Buyer's Agent in 2016

    Terrie Zwick

    Village Properties

    (805) 665-7004

    2 Total Sales

    Section Image

  • B

    Seller's Agent in 2015

    Brian Johnson

    Marcus and Millichap

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-2854

Santa Barbara Multiple Listing Service

APN: 027-071-011

California Santa Barbara County Santa Barbara 93103 Lower Riviera

1826 Loma St, Santa Barbara, CA

This home is located at 1826 Loma St, Santa Barbara, CA 93103 since 05 August 2021. This property was built in 1920. 1826 Loma St is a home located in Santa Barbara County with nearby schools including Roosevelt Elementary School, Santa Barbara Junior High School, and Santa Barbara Senior High School.

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