2
Seller's Agent in 2025
20/Twenty Group
Compass
(805) 637-8509
62 Total Sales
Estimated Value: $1,939,000 - $2,234,000
Turnkey Multi-Unit Asset with Strong Cash Flow & Long-Term Upside
Presenting an exceptional opportunity to acquire a spacious, income-generating 4-unit complex plus a separate studio - ideally located near UCSB, shopping, beaches, Girsh Park, and the Wells-Elings Marsh Trail.
Unit Mix:
One 3 bed / 2 bath unit
Three 2 bed / 1 bath units
One studio unit (unpermitted, for additional income)
This well-situated property benefits from Section 8 tenants, offering:
-Reliable rental income
-High demand with reduced vacancy risk
-Longer tenant retention and stability
With projected gross annual income of approx. $180,000 (based on upcoming rent increases effective August 1, 2025), this investment offers both solid current returns & long-term upside.
Please do not disturb tenants.
Last Agent to Sell the Property
Compass License #01968703 / 02067856 / 02057028 Listed on: 05/01/2025
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #02044281
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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 |
|---|---|---|---|
| $2,000,000 | Chicago Title Company | ||
| -- | None Available | ||
| -- | Performance Title Inc | ||
| -- | None Available | ||
| -- | Equity Title Company | ||
| -- | Accommodation | ||
| -- | Fidelity National Title | ||
| -- | First American Title Company | ||
| -- | First American Title Company | ||
| $1,312,500 | First American Title Company |
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 | $2,000,000 | ||
| Previous Owner | $750,000 | ||
| Previous Owner | $793,500 | ||
| Previous Owner | $801,950 | ||
| Previous Owner | $801,950 |
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 |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Sold | $2,000,000 | -23.1% | -- |
| 07/22/2025 07/22/25 | Pending | -- | -- | -- |
| 05/23/2025 05/23/25 | Price Changed | $2,600,000 | -5.5% | -- |
| 05/01/2025 05/01/25 | For Sale | $2,750,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $19,449 | $1,723,979 | $781,538 | $942,441 |
| 2023 | $19,449 | $1,657,037 | $751,191 | $905,846 |
| 2022 | $18,349 | $1,624,547 | $736,462 | $888,085 |
| 2021 | $18,059 | $1,592,694 | $722,022 | $870,672 |
| 2020 | $16,221 | $1,444,000 | $655,000 | $789,000 |
| 2019 | $15,514 | $1,375,000 | $624,000 | $751,000 |
| 2018 | $15,236 | $1,348,000 | $612,000 | $736,000 |
| 2017 | $14,609 | $1,284,000 | $583,000 | $701,000 |
| 2016 | $13,222 | $1,167,000 | $530,000 | $637,000 |
| 2014 | $11,829 | $1,040,000 | $473,000 | $567,000 |
2
Seller's Agent in 2025
20/Twenty Group
Compass
(805) 637-8509
62 Total Sales
Buyer's Agent in 2025
Annette Vait
Berkshire Hathaway HomeServices California Properties
(805) 687-2666
37 Total Sales
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1726
APN: 073-200-014
Ask me questions while you tour the home.