PENDING
$50K PRICE DROP
532 E Arrellaga St Unit A Santa Barbara, CA 93103
Lower Riviera NeighborhoodEstimated payment $5,745/month
Total Views
3,361
1
Bed
1
Bath
930
Sq Ft
$833
Price per Sq Ft
Highlights
- Ocean View
- Main Floor Primary Bedroom
- End Unit
- Santa Barbara Senior High School Rated A-
- Spanish Architecture
- Ground Level Unit
About This Home
Come and enjoy this 1+ bedroom ocean view condominium in a convenient downtown location on the East side with a full bathroom, in-unit laundry, 2 off street parking spaces, a versatile office, fireplace, pantry and outdoor deck. The property has been lovingly maintained and recent building improvements include termite treatment and a new stairwell/deck. HOA has recently been amended to separate the 2 residential units from the 7 commercial units - see reserve studies under documents. This is a fantastic value. [Be aware that conventional financing may be altered by the fact this is 1 of 2 residential units in a mixed use commercial project. Buyers should be prequalified for this property.]
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,470
Year Built
- Built in 1984
Lot Details
- End Unit
- Property is in good condition
HOA Fees
Parking
- Open Parking
Property Views
- Ocean
- Peek-A-Boo
Home Design
- Spanish Architecture
- Slab Foundation
- Tile Roof
- Stucco
Interior Spaces
- 930 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Family Room with Fireplace
- Combination Dining and Living Room
- Home Office
Kitchen
- Electric Range
- Stove
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Additional Features
- Stepless Entry
- Ground Level Unit
Listing and Financial Details
- Assessor Parcel Number 027-430-004
- Seller Considering Concessions
Community Details
Overview
- Association fees include earthquake insurance, trash, prop mgmt, exterior maint
- 15 Or 20 Downtown Subdivision
Pet Policy
- Pets Allowed
Security
- Fire and Smoke Detector
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $4,470 | $427,048 | $200,964 | $226,084 |
| 2023 | $4,470 | $410,466 | $193,161 | $217,305 |
| 2022 | $4,313 | $402,419 | $189,374 | $213,045 |
| 2021 | $4,212 | $394,529 | $185,661 | $208,868 |
| 2020 | $4,169 | $390,485 | $183,758 | $206,727 |
| 2019 | $4,096 | $382,829 | $180,155 | $202,674 |
| 2018 | $4,038 | $375,323 | $176,623 | $198,700 |
| 2017 | $3,905 | $367,964 | $173,160 | $194,804 |
| 2016 | $3,883 | $360,750 | $169,765 | $190,985 |
| 2014 | $3,779 | $348,373 | $163,940 | $184,433 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | Pending | -- | -- | -- |
| 08/06/2025 08/06/25 | For Sale | $775,000 | 0.0% | $833 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $775,000 | -6.0% | $833 / Sq Ft |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $824,500 | +142.5% | $887 / Sq Ft |
| 06/19/2012 06/19/12 | Sold | $340,000 | -20.4% | $366 / Sq Ft |
| 05/25/2012 05/25/12 | Pending | -- | -- | -- |
| 09/21/2011 09/21/11 | For Sale | $427,000 | -- | $459 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $340,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | -- | First American Title | |
| Trustee Deed | $65,000 | First American Title | |
| Trustee Deed | $300,000 | Chicago Title | |
| Grant Deed | $70,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $122,000 | Purchase Money Mortgage | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $65,000 | Credit Line Revolving | |
| Previous Owner | $6,070,000 | Seller Take Back |
Source: Public Records
Similar Homes in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-178
APN: 027-430-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.
Nearby Homes
- 424 E Arrellaga St
- 637 E Micheltorena St
- 512 E Islay St
- 514 E Islay St Unit A & B
- 515 E Islay St Unit D
- 1310 Laguna St
- 1609 Garden St
- 518 E Pedregosa St
- 513 E Pedregosa St
- 521 E Anapamu St Unit 2
- 403 E Anapamu St
- 215 E Victoria St
- 1705 Lasuen Rd
- 1712 Lasuen Rd
- 1403 Alameda Padre Serra
- 118 E Islay St
- 103 E Micheltorena St
- 27 E Arrellaga St
- 21 E Arrellaga St
- 6 E Valerio St