NOT LISTED FOR SALE

536 W Pedregosa St Santa Barbara, CA 93101

Westside Neighborhood

Estimated Value: $1,482,000 - $1,874,000

-- Bed
-- Bath
2,753 Sq Ft
$629/Sq Ft Est. Value

Last Sold January 14, 2021

Last sale price $1,250,000 $454 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $9,441/month

93 Days on Market

Highlights

  • Property is near a park
  • Laundry Room
  • 4 Car Garage
  • San Marcos Senior High School Rated A

About This Home

As of January 2021

Lowest priced triplex in Santa Barbara located in the up-and-coming
Westside neighborhood close to Downtown, Cottage Hospital, Santa
Barbara City College, the Mesa, and just minutes from a myriad of restaurants,
shops, parks, and beaches. The property has a great unit mix of one 3BD/1BA unit with an attached one-car garage and large outdoor
patio on the first floor, plus two large 2BD/1BA units on the second
floor. The current monthly income is $4,800, approximately 48% below market for the area. Great opportunity for an investor to secure a great rental property in Santa Barbara with enormous upside in rents as
units turnover. Seller is providing interested buyers several reports and disclosures.

Last Agent to Sell the Property

Christos Celmayster

Hayes Commercial Group License #01342996 Listed on: 10/12/2020

Last Buyer's Agent

Rob Adams

Hayes Commercial Group License #01344315

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,227 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2,753 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 4 Car Garage
  • Open Parking

Location

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

Schools

  • Adams Elementary School
  • Lacumbre Middle School
  • San Marcos High School

Utilities

  • Individual Gas Meter

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 043-132-016

Community Details

Overview

  • 3 Units
  • 20 Westside Subdivision

Building Details

  • Operating Expense $31,708
  • Gross Income $62,928
  • Net Operating Income $29,961

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1960
  • Income Expenses Annual Income: 62928.0
  • Annual Expenses: 31708.0
  • Monthly Income: 62640.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 4.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Subdivision Name: 20 - Westside
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1960
  • Property Information Apx # Acres: 0.14
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: San Marcos
  • Foundation:Slab: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Main House SqFt: 2753.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 5227.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Condition Average2: Yes
  • Parking Info Gar #14: Yes
  • IncomeExpenses NOI2: 29961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.14
  • Foundation Details: Slab

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gar #1, Unc #3
  • Total Parking Spaces: 4.0

Schools

  • Elementary School: Adams
  • High School: San Marcos
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 043-132-016
  • Zoning: R-2
  • Lot Size Sq Ft: 5227.0

Rental Info

  • Owner Pays: Other, Trash Collection, Water

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 62928.0
  • Annual Operating Expense: 31708.0
  • Total Actual Rent: 62640.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Jan 6, 2021
Sold by
Redmond Justin Jerome and Quinn Jacquelyn A
Bought by
Housing Authority Of City Of Santa Barba
Seller's Agent
Christos Celmayster
Hayes Commercial Group
Buyer's Agent
Rob Adams
Hayes Commercial Group
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Current Estimated Value
$1,732,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,556
Avg. Annual Appreciation
9.15%

Purchase Details

Closed on
Jul 18, 2019
Sold by
Redmond Justin Jerome and Quinn Jacquelyn A
Bought by
Redmond Justin Jerome and Quinn Jacquelyn A

Purchase Details

Closed on
May 24, 2016
Sold by
Jeschke Winand and Jeschke Erika
Bought by
Winand Jeschke & Erika Jeschke Family Tr

Purchase Details

Closed on
Sep 17, 2013
Sold by
Jeschke Winand and Jeschke Erika
Bought by
Jeschke Winand and Jeschke Erika

Purchase Details

Closed on
Aug 6, 2003
Sold by
Jeschke Winand
Bought by
Jeschke Winand and Jeschke Erika
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Housing Authority Of City Of Santa Barba -- Fidelity National Title Co
Redmond Justin Jerome -- None Available
Winand Jeschke & Erika Jeschke Family Tr -- None Available
Jeschke Winand -- None Available
Jeschke Winand -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $1,250,000 -10.7% $454 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,400,000 -- $509 / Sq Ft
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 -- -- -- --
2023 $16 -- -- --
2022 $16 $0 $0 $0
2021 $1,204 $109,792 $31,828 $77,964
2020 $1,191 $108,667 $31,502 $77,165
2019 $1,170 $106,537 $30,885 $75,652
2018 $1,153 $104,449 $30,280 $74,169
2017 $1,115 $102,402 $29,687 $72,715
2016 $1,175 $100,395 $29,105 $71,290
2015 $1,163 $98,888 $28,668 $70,220
2014 $1,146 $96,952 $28,107 $68,845
Source: Public Records

Agents Affiliated with this Home

  • Christos Celmayster

    Seller's Agent in 2021

    Christos Celmayster

    Hayes Commercial Group

    (805) 563-2111

    2 in this area

    86 Total Sales

    Christos Celmayster
    Section Image
  • Rob Adams

    Buyer's Agent in 2021

    Rob Adams

    Hayes Commercial Group

    (805) 563-2111

    1 in this area

    32 Total Sales

    Rob Adams
    Section Image
  • Dylan Ward

    Buyer Co-Listing Agent in 2021

    Dylan Ward

    Hayes Commercial Group

    (805) 881-8810

    1 in this area

    47 Total Sales

    Dylan Ward
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 20-3995

Santa Barbara Multiple Listing Service

APN: 043-132-016

California Santa Barbara County Santa Barbara 93101 Westside

536 W Pedregosa St, Santa Barbara, CA

This home is located at 536 W Pedregosa St, Santa Barbara, CA 93101 since 12 October 2020 and is currently estimated at $1,732,556, approximately $629 per square foot. This property was built in 1960. 536 W Pedregosa St is a home located in Santa Barbara County with nearby schools including Adams Elementary School, La Cumbre Junior High School, and San Marcos Senior High School.

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.

Santa Barbara Multiple Listing Service 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