631 E Sola St Santa Barbara, CA 93103
Laguna Neighborhood
--
Bed
--
Bath
--
Sq Ft
6,098
Sq Ft Lot
Highlights
- Property is near a park
- 3 Car Detached Garage
- Cooling System Mounted In Outer Wall Opening
- Santa Barbara Senior High School Rated A-
- Fireplace
- Patio
About This Home
As of August 2016Well-maintained Riviera Duplex presents an excellent opportunity for an investor or end user, offering Two 2BR/1.5BA Townhome style units w/ covered parking. Each unit has ocean & city views, a fireplace, a private patio & upstairs balcony, and its own storage/laundry room. Prime location is quiet & offers easy access to downtown SB, the Mission, & several parks. Projected rent income of $4500/mo. Unit A (front unit) enjoys great natural light through large windows and sliding glass doors, as well as ocean and city views from many of the rooms. This unit offers two downstairs patio areas, and an upstairs balcony off of the master suite. It has been well maintained over the years and offers newer carpet and linoleum in the kitchen. Current rent $2000/mo. Projected Rent $2300/mo.
Unit B (rear unit) is the same layout as Unit A, but is surrounded by trees and faces away from the street for a shadier, quieter feel. Regardless, large windows allow plenty of light into the living room and master bedroom, and the downstairs patio and upstairs balcony are also oriented to capture the afternoon soon, and sunset views. The unit is also closer to parking and laundry. The current tenant has been occupying this unit for close to a decade. Current rent: $2000/mo. Projected Rent: $2200/mo.
The duplex has been listed at 2,400 SqFt (gross), per the appraisal, with each laundry room being 70 SqFt. Both units feature all smoke and CO detectors and newer water heaters. Each has a locked, private storage & laundry room (connected to the carport). Both units have one off-street parking spot in the carport, and Unit A also has an uncovered off-street spot adjacent to the carport. The driveway and parking lot was recently redone. There is no association among the nearby duplexes, but owners do cooperate on common maintenance.
This is a Santa Barbara investor's dream. Low maintenance, great location and great features like ocean views that will make it easy to attract and keep quality tenants.
Last Agent to Sell the Property
Daniel Zia
Keller Williams Realty Santa Barbara
Last Buyer's Agent
Grubb Campbell Group
Village Properties License #01236143 / 01410304
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,101
Year Built
- Built in 1975
Home Design
- Slab Foundation
Interior Spaces
- 2-Story Property
- Fireplace
- Fire and Smoke Detector
- Laundry Room
Kitchen
- Stove
- Disposal
Flooring
- Carpet
- Vinyl
Parking
- 3 Car Detached Garage
- Carport
- Uncovered Parking
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- Roosevelt Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating Available
- Cable TV Available
Additional Features
- Patio
- Property is in good condition
Community Details
- 2 Units
- 15 Riviera/Lower Subdivision
Listing and Financial Details
- The owner pays for trash collection, water
- Assessor Parcel Number 029-033-037
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2016 08/23/16 | Sold | $1,335,000 | -4.3% | -- |
| 07/28/2016 07/28/16 | Pending | -- | -- | -- |
| 05/09/2016 05/09/16 | For Sale | $1,395,000 | +33.5% | -- |
| 05/20/2015 05/20/15 | Sold | $1,045,000 | -11.1% | -- |
| 04/29/2015 04/29/15 | Pending | -- | -- | -- |
| 03/17/2015 03/17/15 | For Sale | $1,175,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2023 | $16,101 | $1,489,214 | $797,594 | $691,620 |
| 2022 | $15,538 | $1,460,014 | $781,955 | $678,059 |
| 2021 | $15,181 | $1,431,387 | $766,623 | $664,764 |
| 2020 | $15,025 | $1,416,711 | $758,763 | $657,948 |
| 2019 | $14,763 | $1,388,934 | $743,886 | $645,048 |
| 2018 | $14,555 | $1,361,700 | $729,300 | $632,400 |
| 2017 | $14,074 | $1,335,000 | $715,000 | $620,000 |
| 2016 | $11,174 | $1,060,936 | $507,625 | $553,311 |
| 2014 | -- | $133,299 | $47,099 | $86,200 |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,335,000 | Fidelity National Title Co | |
| Grant Deed | $1,045,000 | Chicago Title Company | |
| Grant Deed | -- | -- |
Source: Public Records
Similar Home in Santa Barbara, CA
Source: Santa Barbara Multiple Listing Service
MLS Number: 15-841
APN: 029-033-037
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