$1,953,553
SOLD JAN 27, 2026

21 E Arrellaga St Santa Barbara, CA 93101

Oak Park Neighborhood
5 Beds
3 Baths
2,320 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$842 Per Sq Ft

2% Below List Price

12 Days on Market

About This Home

As of January 2026

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.

Last Agent to Sell the Property

Andrea O'Loughlin

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

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Geoff Rue

Compass License #01939927

Compass

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 Concessions Offered
  • Seller Will Consider Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

6,969 Sq Ft Lot

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
  • Status Information Seller Concessions3: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Dec 17, 2025
Sold by
Ruppe Christine and Reetz Lindley M
Bought by
Gunasekera Sajeevi Yanez and Yanez Evelyn Gunasekera
Seller's Agent
Andrea O'Loughlin
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Geoff Rue
Compass
List Price
$1,995,000
Sold Price
$1,953,553
Premium/Discount to List
-$41,447
-2.08%
Views
82

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.58%
Original Mortgage
$1,453,553
Outstanding Balance
$1,452,869
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$451,725

Purchase Details

Closed on
Nov 20, 2025
Sold by
Randall Reetz Trust and Ruppe Chris
Bought by
Robert Randall Reetz Revocable Living Trust and Ruppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,453,553
Outstanding Balance
$1,452,869
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$451,725

Purchase Details

Closed on
Jul 24, 2002
Sold by
Reetz Randall
Bought by
Reetz Randall

Purchase Details

Closed on
Sep 5, 1997
Sold by
Bradbury Wymond W and Bradbury Sue A
Bought by
Reetz Randall and Reetz Lindley
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,954,000 Chicago Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- --
Quit Claim Deed $112,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,453,553 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2026 01/27/26 Sold $1,953,553 -2.1% $842 / 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

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

Agents Affiliated with this Home

  • Andrea O'Loughlin

    Seller's Agent in 2026

    Andrea O'Loughlin

    Berkshire Hathaway HomeServices California Properties

    (415) 716-5436

    1 in this area

    15 Total Sales

    Andrea O'Loughlin
    Section Image
  • Geoff Rue

    Buyer's Agent in 2026

    Geoff Rue

    Compass

    (805) 679-3365

    1 in this area

    16 Total Sales

    Geoff Rue
    Section Image
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Map

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

Sold

Detached

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