RENTED SEP 22, 2025

515 E Arrellaga St Unit 8 Santa Barbara, CA 93103

Lower Riviera Neighborhood

Estimated Value: $7,222,000 - $7,346,198

2 Beds
1.5 Baths
-- Sq Ft
-- Built

Highlights

  • Property is near park, schools, and bus stop
  • Cooling System Mounted In Outer Wall Opening
  • Patio
  • Santa Barbara Senior High School Rated A-
  • Views
  • Laundry Facilities

About This Home

As of September 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, with new laminate flooring. 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 Oct 1, 2025.

Last Agent to Rent the Property

Michelle King

King & Company License #02030289 Listed on: 09/10/2025

Last Renter's Agent

Michelle King

King & Company License #02030289 Listed on: 09/10/2025

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

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Rented -- -- --
09/19/2025 09/19/25 Under Contract -- -- --
09/10/2025 09/10/25 For Rent $3,995 +35.4% --
09/02/2020 09/02/20 Under Contract -- -- --
08/18/2020 08/18/20 For Rent $2,950 +5.4% --
08/18/2020 08/18/20 Rented $2,800 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $71,160 $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

    Landlord's Agent in 2025

    Michelle King

    King & Company

    (805) 455-8818

    19 Total Sales

    Michelle King
    Section Image

  • P

    Seller's Agent in 2020

    Paul Knight

    Richardson Real Estate Services, Inc.

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-3410

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

515 E Arrellaga St Unit 8, Santa Barbara, CA

Not Listed for Sale

Townhouses

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