$1,995,000
PENDING $205K PRICE DROP

21 E Arrellaga St Santa Barbara, CA 93101

Oak Park Neighborhood

Estimated payment $10,891/month

Total Views 3,623
5 Beds
3 Baths
2,320 Sq Ft
$860 Price per Sq Ft

About This Home

Positioned just moments from State Street's vibrant heart, 21 E Arrellaga offers an increasingly rare investment in Santa Barbara's coveted downtown district. This 1930s triplex features all three units currently vacant—an extraordinary circumstance creating unmatched opportunity for immediate transformation.
The property includes a voluminous front unit with original wood flooring, complemented by two additional units, each with their own character and private outdoor spaces. Some recent infrastructure updates provide a reliable platform for your vision.
This property represents that elusive opportunity: a blank canvas in a prime location with complete freedom to reimagine all three units simultaneously—a situation that seldom occurs in Santa Barbara's tight multi-unit market.

Listing Agent

Andrea O'Loughlin

Berkshire Hathaway HomeServices California Properties License #02165956 Listed on: 04/02/2025

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 6,969 Sq Ft Lot
  • Property is in average condition

Home Design

  • 2,320 Sq Ft Home
  • Craftsman Architecture
  • Traditional Architecture

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

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

Community Details

  • 3 Units
  • 15 Or 20 Downtown Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027-182-015
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From 101 N: Exit Mission St, turn right. Continue 0.5 miles, then left on Garden St. Drive 0.3 miles, then right on E Arrellaga St. 21 E Arrellaga is on your right, one block from State Street.
  • Prop. Type: Residential
  • Year Built: 1930
  • Reso Property Sub Type: Home/Estate
  • Subdivision Name: 15 or 20 - Downtown
  • Architectural Style: Traditional, Craftsman
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1930
  • Property Information Total #Units: 3
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information ADU: No
  • Property Information Within City Limits: No
  • Property Information Apx Lot SqFt: 6969.0
  • Condition Average2: Yes
  • Style Craftsman2: Yes
  • Architectural Style Traditional: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Acres: 0.16

Schools

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

Lot Info

  • Parcel #: 027-182-015
  • Zoning: Other
  • Lot Size Sq Ft: 6969.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $5,268 $503,699 $321,914 $181,785
2023 $5,268 $484,141 $309,414 $174,727
2022 $5,082 $474,649 $303,348 $171,301
2021 $4,964 $465,343 $297,400 $167,943
2020 $4,913 $460,572 $294,351 $166,221
2019 $4,827 $451,542 $288,580 $162,962
2018 $4,759 $442,689 $282,922 $159,767
2017 $4,601 $434,010 $277,375 $156,635
2016 $4,559 $425,501 $271,937 $153,564
2014 $4,437 $410,903 $262,607 $148,296
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/02/2025 04/02/25 Price Changed $1,995,000 0.0% $860 / Sq Ft
04/02/2025 04/02/25 For Sale $1,995,000 -- $860 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Quit Claim Deed $112,500 None Available
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1121

Santa Barbara Multiple Listing Service

APN: 027-182-015

California Santa Barbara County Santa Barbara 93101 Oak Park

21 E Arrellaga St, Santa Barbara, CA

Pending

Detached

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Andrea O'Loughlin
Listing Agent
Andrea O'Loughlin
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Berkshire Hathaway HomeServices California Properties
(805) 567-7072