NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $3,400,000

28 Days on Market

Highlights

  • Deck
  • Property is near park, public transit, schools, shops, and bus stop
  • Patio
  • Santa Barbara Senior High School Rated A-
  • Wood Flooring
  • 6 Car Garage

About This Home

As of February 2021

This 6-unit apartment complex is Ideally located in the beautiful upper-east side of Santa Barbara. Unit mix features (3) 2BD/1BA, (2) 1BD/1BA, and (1) 1BD/1BA + Den. The units are spread out over three buildings with a large Victorian style apartment building and two stand alone cottages with multiple units offering fantastic ocean views. There are also six garage spaces and outdoor patios/decks. Beginning in 2017, the property underwent extensive renovations, including a new foundation, new roof, full exterior paint, and a major remodel to five of the six units. As a result, annual maintenance costs are extremely low and the majority of rents are very close to market.

Last Agent to Sell the Property

Jon Standring

Beachside Partners License #01893163 Listed on: 11/18/2020

Co-Listed By

John Koskinen

Beachside Partners License #02036512

Last Buyer's Agent

Jon Standring

Beachside Partners License #01893163 Listed on: 11/18/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced
  • Property is in excellent condition

Parking

  • 6 Car Garage

Flooring

  • Wood
  • Tile
  • Vinyl Plank

Outdoor Features

  • Deck
  • Patio

Location

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

Schools

  • Roosevelt Elementary School
  • S.B. Jr. Middle School
  • S.B. Sr. High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Additional Features

  • Dishwasher
  • Laundry in unit

Community Details

  • 6 Units

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 027-260-030

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1935
  • Monthly Income: 17066.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 6.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: jonsta
  • Co List Office Phone: 805-626-0112
  • Reso Flooring: Hardwood, Tile, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent, Good
  • Property Information Year Built2: 1935
  • Property Information Apx # Acres: 0.24
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 10454.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Proximity Near Hospital2: Yes
  • Parking Info Garages: Yes
  • Amenities Deck2: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Patio2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.24
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Garages
  • Total Parking Spaces: 6.0

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: S.B. Jr.

Lot Info

  • Parcel #: 027-260-030
  • Zoning: R-3
  • Lot Size Sq Ft: 10454.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Total Actual Rent: 17066.0
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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
02/26/2021 02/26/21 Sold $3,400,000 -11.7% --
12/16/2020 12/16/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $3,850,000 -- --
Source: Santa Barbara Multiple Listing Service

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 $38,197 $3,680,267 $1,407,161 $2,273,106
2023 $38,197 $3,537,360 $1,352,520 $2,184,840
2022 $36,862 $3,468,000 $1,326,000 $2,142,000
2021 $22,370 $2,109,608 $1,276,869 $832,739
2020 $22,140 $2,087,978 $1,263,777 $824,201
2019 $21,754 $2,047,039 $1,238,998 $808,041
2018 $21,447 $2,006,902 $1,214,704 $792,198
2017 $20,739 $1,967,552 $1,190,887 $776,665
2016 $20,223 $1,928,974 $1,167,537 $761,437
2014 $10,334 $972,072 $535,791 $436,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-4501

Santa Barbara Multiple Listing Service
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