514 E Islay St Unit A & B Santa Barbara, CA 93101
Lower Riviera NeighborhoodEstimated payment $13,307/month
Highlights
- Deck
- Property is near park, public transit, schools, and bus stop
- Laundry Room
- Santa Barbara Senior High School Rated A-
- Cooling System Mounted In Outer Wall Opening
- Property is in excellent condition
About This Home
Quality & Prime Location Santa Barbara Duplex with views! Both Units are currently occupied with $10,000/mo. gross rents! Beautifully renovated, single level, 2 beds/1 1/2 baths & approx. 980 sqft each. Filled with natural light on an elevated & sunny exposure, with city views & ocean peeks. Each unit boasts open living space, dining nook, remodeled kitchen & sparkling bathrooms. Large balconies offer outdoor relaxing & entertaining space. Each unit sits above separate carports & their own laundry & storage rooms. The following appliances are included for each unit: washer, dryer, dishwasher, stove and refrigerator. Close to downtown Santa Barbara and a short drive to the beach & the renowned County Bowl!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Parking
- Carport
Kitchen
- Dishwasher
- Disposal
Laundry
- Laundry Room
- Dryer
- Washer
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
Additional Features
- Deck
- Property is in excellent condition
- Property is near park, public transit, schools, and bus stop
Community Details
- 2 Units
- 15 Riviera/Lower Subdivision
Listing and Financial Details
- Assessor Parcel Number 027-064-007
- Seller Considering Concessions
Map
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 |
|---|---|---|---|---|
| 2025 | $15,823 | $1,515,403 | $790,174 | $725,229 |
| 2023 | $15,823 | $1,456,560 | $759,492 | $697,068 |
| 2022 | $15,266 | $1,428,000 | $744,600 | $683,400 |
| 2021 | $14,915 | $1,400,000 | $730,000 | $670,000 |
| 2020 | $14,384 | $1,350,000 | $725,000 | $625,000 |
| 2019 | $12,537 | $1,173,000 | $714,000 | $459,000 |
| 2018 | $3,640 | $332,073 | $136,755 | $195,318 |
| 2017 | $3,520 | $325,563 | $134,074 | $191,489 |
| 2016 | $3,510 | $319,181 | $131,446 | $187,735 |
| 2014 | $3,417 | $308,230 | $126,936 | $181,294 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/23/2025 09/23/25 | For Sale | $2,295,000 | 0.0% | -- | |
| 09/22/2025 09/22/25 | Off Market | $2,295,000 | -- | -- | |
| 08/28/2025 08/28/25 | Price Changed | $2,295,000 | -8.0% | -- | |
| 06/28/2025 06/28/25 | For Sale | $2,495,000 | 0.0% | -- | |
| 06/23/2025 06/23/25 | Off Market | $2,495,000 | -- | -- | |
| 03/27/2025 03/27/25 | For Sale | $2,495,000 | +117.0% | -- | |
| 05/08/2018 05/08/18 | Sold | $1,150,000 | -20.7% | -- | View Prior Sale |
| 03/14/2018 03/14/18 | Pending | -- | -- | -- | |
| 11/09/2017 11/09/17 | For Sale | $1,450,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,400,000 | Fidelity National Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $1,350,000 | First American Title Company | |
| Grant Deed | $1,150,000 | Fidelity Natl Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $800,000 | New Conventional | |
| Previous Owner | $750,000 | Commercial |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1193
APN: 027-064-007
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