$2,950,000

19 W Padre St Santa Barbara, CA 93105

Oak Park Neighborhood

Estimated payment $19,290/month

Total Views 121
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near an ocean
  • Property is near a park
  • Garage
  • Santa Barbara Senior High School Rated A-

About This Home

First Time on the Market! Seller will not look at offers prior to July 30th. Nestled in the heart of Santa Barbara's desirable Oak Park neighborhood, 19 W. Padre Street presents a rare opportunity to own a well-maintained, character-rich multi-family property. This 7-unit complex comprises three distinct buildings, offering a mix of five 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units, ideal for investors seeking stable, long-term rental income or those looking to live in one unit while renting out the others. The property's thoughtful layout across three buildings provides a sense of privacy and space for residents, enhancing the overall living experience.

Two units to be delivered vacant. Unit F is currently unpermitted.

Listing Agent

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 07/16/2025

Radius Group Commercial R.E.

Co-Listing Agent

Aneta Jensen

Radius Group Commercial R.E. License #01994822

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.31 Acre Lot
  • Property is in good condition

Parking

  • Garage

Outdoor Features

  • Property is near an ocean

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

Community Details

  • 7 Units
  • Net Operating Income $132,778

Listing and Financial Details

  • Assessor Parcel Number 025-311-026

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Capitalization Rate: 4.74
  • Gross Rent Multiplier: 12.76
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1940
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 13504.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Parking Info Garages: Yes
  • IncomeExpenses NOI2: 132778
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.31

Garage/Parking

  • Parking Features: Garages

Schools

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

Lot Info

  • Parcel #: 025-311-026
  • Zoning: R-2
  • Lot Size Sq Ft: 13504.0

Multi Family

  • Number Of Units Total: 7

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

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 For Sale $2,950,000 -- --
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-2729

Santa Barbara Multiple Listing Service

APN: 025-311-026

California Santa Barbara County Santa Barbara 93105 Oak Park

19 W Padre St, Santa Barbara, CA

This home is located at 19 W Padre St, Santa Barbara, CA 93105 and is currently priced at $2,950,000. This property was built in 1940. 19 W Padre St is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Peabody Charter School.

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Steve Golis
Listing Agent
Steve Golis
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Radius Group Commercial R.E.
(805) 910-7913