$2,950,000
PENDING

19 W Padre St Santa Barbara, CA 93105

Oak Park Neighborhood

Estimated payment $18,993/month

Total Views 1,185
-- 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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $2,950,000 -- --
Source: Santa Barbara Multiple Listing Service

Similar Home in Santa Barbara, CA

  • 1310 Laguna St, Santa Barbara, CA 93101

    $2,399,000

    • 3 Beds
    • 1 Bath
    • 880 Sq Ft
    • 1310 Laguna St
    • Santa Barbara, CA

    Exceptional Santa Barbara Bowl Investment Property -Priced to Sell! This gem offers stunning views, open floor plans, and single-story structures with an extra-large covered and open parking area. This incredible residential income property is a rare find!Welcome to this charming, one-of-a-kind investment property. The main house is approximately 880 sq. ft., featuring 3 bedrooms, 1 bathroom, and

    Shelley Cole Coldwell Banker Realty

    Section Image
See All Homes in Santa Barbara

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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

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