Seller's Agent in 2024
Jody Neal
Berkshire Hathaway HomeServices California Properties
(805) 252-9267
1 in this area
40 Total Sales
1830 De la Vina St Santa Barbara, CA 93101
Oak Park Neighborhood
--
Bed
--
Bath
2,352
Sq Ft
8,712
Sq Ft Lot
Highlights
- Property is near an ocean
- Property is near a park
- Wood Flooring
- Santa Barbara Senior High School Rated A-
About This Home
As of October 2024Prime Multi-Unit Investment Opportunity in Santa Barbara
Perfectly situated near Downtown Santa Barbara and Cottage HospitalThis 4 unit residential income property has three-occupied and one-vacant . This property features four 1-bedroom, 1-bathroom units, each with a dedicated off-street parking spot and its own storage unit, enhancing tenant convenience and appeal. The vacant unit is available for immediate showing. Call for Lockbox info
Key Features:
Rare Opportunity: Multi-family properties in this area are seldom available, particularly those offering both dedicated off-street parking and individual storage units for each tenant.
Location: Just 0.7 miles from Santa Barbara Cottage Hospital and 1.4 miles from Downtown Santa Barbara, offering easy access to a variety of local amenities including Trader Joe's, Ralphs Grocery, Handlebar Coffee, and Alice Keck Park Memorial Garden.
Property Details: The parcel spans approximately 8,712 SF with a total building size of 2,352 SF plus a 648 SF garage.
Financial Overview: Current average monthly gross rents stand at 8,840 with a potential increase to 9,568 per month under AB 1482. The property offers a strong CAP rate with potential growth, making it a solid investment opportunity.
Nearby Attractions: Tenants will enjoy the proximity to waterfront and State Street in the vibrant heart of Santa Barbara, making this property a sought-after rental option.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices California Properties License #01995725 Listed on: 08/16/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01005021 / 01950975 / 00966870 / 01976075
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,957
Year Built
- Built in 1928
Home Design
- Pillar, Post or Pier Foundation
- Raised Foundation
Interior Spaces
- 2,352 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Laundry in unit
Parking
- 4 Parking Spaces
- Open Parking
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
- Peabody Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Additional Features
- Property is near an ocean
- 8,712 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 027-022-025
- Seller Considering Concessions
Community Details
Overview
- 4 Units
- 15 Or 20 Downtown Subdivision
Building Details
- Gross Income $106,080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2024
Closed on
Sep 17, 2024
Sold by
Rodriguez Cynthia
Bought by
Rodriguez-Cruz Salvador Jesus
Seller's Agent
Jody Neal
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$1,938,000
Sold Price
$1,750,000
Premium/Discount to List
-$188,000
-9.7%
Views
31
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,318
Avg. Annual Appreciation
3.91%
Original Mortgage
$1,400,000
Outstanding Balance
$1,387,006
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$427,928
Purchase Details
Listed on
Aug 16, 2024
Closed on
Sep 5, 2024
Sold by
Starr Qtip Trust and Sherman & Katherine Starr Revocable Trus
Bought by
Cruz Salvador Jesus Rodrig
Seller's Agent
Jody Neal
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
List Price
$1,938,000
Sold Price
$1,750,000
Premium/Discount to List
-$188,000
-9.7%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Outstanding Balance
$1,387,006
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$427,928
Purchase Details
Closed on
Dec 27, 2018
Sold by
Starr Sherman M and Desoto Courtney
Bought by
Starr Sherman M and Desoto Courtney
Purchase Details
Closed on
Dec 2, 2013
Sold by
Sears Katherine and Starr Katherine K
Bought by
Starr Sherman M and Starr Katherine K
Purchase Details
Closed on
Sep 21, 1999
Sold by
Nora Duncan
Bought by
Sears Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.75%
Purchase Details
Closed on
Oct 22, 1993
Sold by
Lang Frederick K and Lang Lisa A
Bought by
Duncan Nora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,600
Interest Rate
6.95%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Grant Deed | $1,750,000 | First American Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $500,000 | Chicago Title Co | |
| Grant Deed | -- | Trico Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,400,000 | New Conventional | |
| Previous Owner | $218,000 | Unknown | |
| Previous Owner | $230,000 | No Value Available | |
| Previous Owner | $285,600 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $1,750,000 | -9.7% | $744 / Sq Ft |
| 08/23/2024 08/23/24 | Pending | -- | -- | -- |
| 08/16/2024 08/16/24 | For Sale | $1,938,000 | -- | $824 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History Compared to Growth
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 | $16,957 | $1,750,000 | $900,000 | $850,000 |
| 2023 | $16,957 | $738,632 | $384,091 | $354,541 |
| 2022 | $7,730 | $724,150 | $376,560 | $347,590 |
| 2021 | $7,551 | $709,952 | $369,177 | $340,775 |
| 2020 | $7,473 | $702,673 | $365,392 | $337,281 |
| 2019 | $7,343 | $688,896 | $358,228 | $330,668 |
| 2018 | $7,239 | $675,389 | $351,204 | $324,185 |
| 2017 | $7,000 | $662,147 | $344,318 | $317,829 |
| 2016 | $6,888 | $649,165 | $337,567 | $311,598 |
| 2014 | $6,702 | $626,890 | $325,984 | $300,906 |
Source: Public Records
Agents Affiliated with this Home
-
Jody Neal
-
Bartron Real Est Group
Buyer's Agent in 2024
Bartron Real Est Group
Berkshire Hathaway HomeServices California Properties
(805) 563-4054
19 in this area
223 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2702
APN: 027-022-025
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