2215 Oak Park Ln Santa Barbara, CA 93105
Oak Park NeighborhoodEstimated payment $9,898/month
Total Views
23,774
3
Beds
4
Baths
1,813
Sq Ft
$882
Price per Sq Ft
Highlights
- No Units Above
- Lawn
- Paved or Partially Paved Lot
- San Marcos Senior High School Rated A
- Laundry Room
- 5-minute walk to Oak Park
About This Home
Fantastic investment opportunity in the desirable Oak Park neighborhood in Santa Barbara near Cottage Hospital. This well-maintained multifamily property features 3 units with fresh landscaping and strong curb appeal. The front unit, Unit A, is a refreshed 1 bed, 1 bath with a loft. It has a gated front yard with new turf and is ready for immediate occupancy. Unit B is a 2 bed, 2 bath with a gated entry, private front patio and private rear yard. Unit C is a charming detached studio with a private gated entry and wrap around yard. Units B and C are tenant-occupied with new leases. Unit A is not tenant occupied - great option for owner/user, to create a furnished rental or to get market rate rents. Excellent location in a highly desired area. Close the hospital, parks, shops, restaurants and more.
Listing Agent
Goodwin & Thyne Properties Brokerage Phone: 805-448-2200 License #01376204 Listed on: 05/28/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,496
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Paved or Partially Paved Lot
- Level Lot
- Lawn
- Front Yard
Home Design
- Triplex
Interior Spaces
- 1,813 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Driveway
- On-Street Parking
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 3A / 4
- Assessor Parcel Number 025160010
Community Details
Overview
- 2 Buildings
- 3 Units
- Santa Barbara: Other Subdivision
Amenities
- Laundry Facilities
Building Details
- 2 Leased Units
- Rent Control
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $8,100
- Gross Income $118,800
- Net Operating Income $93,850
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2023 | $12,496 | $1,154,748 | $881,441 | $273,307 |
| 2022 | $12,059 | $1,132,107 | $864,158 | $267,949 |
| 2021 | $11,781 | $1,109,910 | $847,214 | $262,696 |
| 2020 | $11,660 | $1,098,530 | $838,527 | $260,003 |
| 2019 | $11,457 | $1,076,991 | $822,086 | $254,905 |
| 2018 | $11,295 | $1,055,874 | $805,967 | $249,907 |
| 2017 | $10,741 | $1,018,000 | $775,000 | $243,000 |
| 2016 | $9,759 | $925,000 | $704,000 | $221,000 |
| 2015 | $8,919 | $841,000 | $640,000 | $201,000 |
| 2014 | $8,768 | $824,000 | $627,000 | $197,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/27/2025 06/27/25 | For Sale | $1,599,000 | 0.0% | -- |
| 06/07/2025 06/07/25 | Off Market | $1,599,000 | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $1,599,000 | -5.1% | -- |
| 05/02/2025 05/02/25 | For Sale | $1,685,000 | 0.0% | -- |
| 04/10/2025 04/10/25 | Pending | -- | -- | -- |
| 04/04/2025 04/04/25 | For Sale | $1,685,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $845,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $633,750 | Negative Amortization |
Source: Public Records
Similar Home in Santa Barbara, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25118748
APN: 025-160-010
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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