Maurie McGuire
Sotheby's International Realty
(805) 617-1644
22 Total Sales
1 in Oak Park
$2,150,000 Price
21 E Arrellaga St Santa Barbara, CA 93101
Oak Park NeighborhoodEstimated Value: $2,036,001
5
Beds
3
Baths
2,320
Sq Ft
$878/Sq Ft
Est. Value
About This Home
As of January 2026Positioned 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.
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
Seller's Agent
Andrea O'Loughlin
Compass
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
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
$82,448
Avg. Annual Appreciation
6.46%
Original Mortgage
$1,453,553
Outstanding Balance
$1,448,693
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$587,308
Purchase Details
Closed on
Nov 20, 2025
Sold by
Randall Reetz Trust and Chris Ruppe
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
$1,448,693
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$587,308
Purchase Details
Closed on
Jul 24, 2002
Sold by
Reetz Randall
Bought by
Reetz Randall and Randall Reetz Trust
Purchase Details
Closed on
Sep 5, 1997
Sold by
Bradbury Wymond W and Bradbury Sue A
Bought by
Reetz Randall and Reetz Lindley
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Oak Park, CA
-
Maurie McGuire
-
Kevin Goodwin
Kevin Goodwin
Goodwin Properties
(805) 979-2658
49 Total Sales
6 in Oak Park
$840K - $2.3M Price Range
-
Susan Pate
Susan Pate
Compass
(805) 617-1044
10 Total Sales
1 in Oak Park
$1,725,000 Price
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
139 Total Sales
6 in Oak Park
$800K - $3.2M Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
1 in Oak Park
$3,078,000 Price
-
DeAnn Rochelle
DeAnn Rochelle
Keller Williams Realty Santa Barbara
(805) 617-1145
8 Total Sales
1 in Oak Park
$2,095,611 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,954,000 | Chicago Title Company | ||
| Robert Randall Reetz Revocable Living Trust | -- | None Listed On Document | |
| Reetz Randall | -- | -- | |
| Reetz Randall | $112,500 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,453,553 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,360 | $513,772 | $328,352 | $185,420 |
| 2025 | $5,360 | $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
Compass
(415) 716-5436
1 in this area
20 Total Sales
-
Geoff Rue
Buyer's Agent in 2026
Geoff Rue
Compass
(805) 679-3365
1 in this area
15 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1121
APN: 027-182-015
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.
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 2026 Santa Barbara Multiple Listing Service. All rights reserved.
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