RENTED AUG 25, 2025

515 E Arrellaga St Unit 3 Santa Barbara, CA 93103

Lower Riviera Neighborhood
2 Beds
1.5 Baths
-- Sq Ft
-- Built

Highlights

  • Property is near park, schools, and bus stop
  • Views
  • Laundry Facilities
  • Cooling System Mounted In Outer Wall Opening
  • Patio
  • Property is in excellent condition

About This Home

As of August 2025

Modern and light-filled, this stylish 2-bedroom, 1.5-bath apartment offers an open-concept layout with a sleek kitchen and expansive windows that invite natural light throughout. Both bedrooms are generously sized with excellent storage, ideal for a guest room or home office. A large private deck extends your living space outdoors for lounging or dining al fresco. Nestled in a vibrant, walkable neighborhood. Water and trash service included. Move-in ready and thoughtfully designed for comfortable living. Available Aug 1, 2025.

Last Agent to Rent the Property

Michelle King

King & Company License #02030289 Listed on: 06/25/2025

Last Renter's Agent

Michelle King

King & Company License #02030289 Listed on: 06/25/2025

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Townhouse Details

Home Type

  • Townhome

Parking

  • 1 Carport Space

Interior Spaces

  • 2-Story Property
  • Dining Area
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Location

  • Property is near park, schools, and bus stop
  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Additional Features

  • Patio
  • Property is in excellent condition

Community Details

  • Laundry Facilities
  • Fire and Smoke Detector

Listing and Financial Details

  • Property Available on 8/1/25
  • Assessor Parcel Number 027-132-013

Townhouse Details

Home Type

Townhome

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialLease
  • Reso Property Sub Type: Apartment
  • NumberUnfurnished: Unfurnished
  • ResoLaundryFeatures: Common Area
  • Architectural Style: Townhouse
  • Reso Flooring: Carpet, Laminate
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Excellent
  • Condition Excellent: Yes
  • Property Information:Date Available: 2025-08-01
  • Property Information Total Bathrooms2: 1.5
  • ParkingGarage Cpt #13: Yes
  • View Setting: Yes
  • Dining Dining Area: Yes
  • HeatingCooling Wall2: Yes
  • GroundsLandscaping Patio Open: Yes
  • Proximity Near School(s): Yes
  • Construction Two Story: Yes
  • Security Smoke Detector(s): Yes
  • Proximity Near Park(s): Yes
  • FlrWdw Coverings Carpet2: Yes
  • Proximity Near Bus2: Yes
  • LocationTopo Level2: Yes
  • Proximity Near Hospital: Yes
  • Appliances Included Electric Range: Yes
  • Style Townhouse: Yes
  • Laundry Common Area: Yes
  • ParkingGarage Total # Carport Spaces3: 1.0
  • HeatingCooling Electric3: Yes
  • FlrWdw Coverings Laminate: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Electric Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Appliances Included:Refrigerator: Yes
  • Appliances Included:Dishwasher: Yes
  • Appliances Included:Disposal: Yes
  • Appliances Included:Microwave: Yes

Exterior Features

  • View: Setting
  • Topography: Level
  • Exterior Features: Patio Open

Garage/Parking

  • Attached Garage: No
  • Parking Features: Cpt #1

Utilities

  • Heating: Wall, Electric
  • HeatingYN: Yes

Lot Info

  • Parcel #: 027-132-013

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

Closed on
Sep 7, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.55%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Lower Riviera, CA

  • Larry Krogh Real Estate Agent - LIV Sotheby's International Realty

    Larry Krogh

    LIV Sotheby's International Realty

    (805) 586-9558

    131 Total Sales

    2 in Lower Riviera

    $2,250,000 Price Range

    Larry Krogh
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  • Janice Laney Real Estate Agent - Keller Williams Santa Barbara

    Janice Laney

    Keller Williams Santa Barbara

    (805) 865-7385

    31 Total Sales

    3 in Lower Riviera

    $1.6M - $2.6M Price Range

    Janice Laney
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  • Tiffany Dore Real Estate Agent - Village Properties

    Tiffany Dore

    Village Properties

    (805) 324-6641

    23 Total Sales

    1 in Lower Riviera

    $2,650,000 Price

    Tiffany Dore
     Section Image
  • Colleen Beall Real Estate Agent - Compass

    Colleen Beall

    Compass

    (805) 243-1083

    31 Total Sales

    3 in Lower Riviera

    $1.7M - $3.7M Price Range

    Colleen Beall
     Section Image
  • Linda Parizo Real Estate Agent - Coldwell Banker Realty

    Linda Parizo

    Coldwell Banker Realty

    (805) 918-8290

    46 Total Sales

    2 in Lower Riviera

    $1,601,928 Price Range

    Linda Parizo
     Section Image
  • Valerie Menke Real Estate Agent - Berkshire Hathaway HomeService

    Valerie Menke

    Berkshire Hathaway HomeService

    (805) 549-5997

    24 Total Sales

    2 in Lower Riviera

    $2,128,000 Price Range

    Valerie Menke
     Section Image
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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
$6,595,000 Fidelity National Title
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
-- Chicago Title Company
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
Previous Owner $3,000,000
Previous Owner $1,500,000
Previous Owner $1,500,000
Previous Owner $1,500,000
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
08/25/2025 08/25/25 Rented -- -- --
06/25/2025 06/25/25 For Rent $3,995 -- --
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 $72,397 $6,998,666 $1,804,053 $5,194,613
2025 $72,397 $6,861,438 $1,768,680 $5,092,758
2023 $71,160 $6,595,000 $1,700,000 $4,895,000
2022 $39,095 $3,678,049 $1,674,089 $2,003,960
2021 $38,200 $3,605,931 $1,641,264 $1,964,667
2020 $37,807 $3,568,957 $1,624,435 $1,944,522
2019 $37,149 $3,498,979 $1,592,584 $1,906,395
2018 $36,624 $3,430,372 $1,561,357 $1,869,015
2017 $35,424 $3,363,974 $1,530,743 $1,833,231
2016 $34,334 $3,284,289 $1,500,729 $1,783,560
2014 $28,762 $2,729,500 $1,249,500 $1,480,000
Source: Public Records

Agents Affiliated with this Home

  • Michelle King Real Estate Agent - King & Company

    Landlord's Agent in 2025

    Michelle King

    King & Company

    (805) 455-8818

    19 Total Sales

    Michelle King
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-2455

Santa Barbara Multiple Listing Service
California Santa Barbara County Santa Barbara 93103 Lower Riviera

515 E Arrellaga St Unit 3, Santa Barbara, CA

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