$1,695,000
PENDING

Estimated payment $10,099/month

Total Views 13,604
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Private Yard
  • Laundry Room
  • Wood Siding
  • San Marcos Senior High School Rated A
  • Fenced
  • Vinyl Flooring

About This Home

Discover an exceptional investment opportunity with this fully vacant duplex at 923 W Micheltorena St, Santa Barbara, CA, perfect for an owner-occupant seeking to live in one unit and rent out the other. Situated on an oversized lot, this beautifully remodeled property features open-concept units, each with a spacious kitchen that seamlessly flows into the living area, ideal for entertaining and everyday comfort. The interiors boast luxury vinyl flooring, stylish wainscoting on walls in select areas, new sinks, appliances, faucets, cabinets, and updated light fixtures throughout. Both units offer fully renovated bathrooms with contemporary finishes and large closets for generous storage. A convenient enclosed laundry area is shared between the units.With its expansive outdoor space offering potential for landscaping or future enhancements, this turnkey duplex combines modern elegance with income-generating potential in a prime Santa Barbara location. Don't miss your chance to own and rent in this vibrant coastal community!

Listing Agent

Larry Krogh

LIV Sotheby's International License #01305510 Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,639

Year Built

  • Built in 1948

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Private Yard

Home Design

  • Split Level Home
  • Property Attached
  • Composition Roof
  • Wood Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 6 Parking Spaces
  • Parking Available
  • Covered Parking
  • Driveway

Utilities

  • Heating Available
  • Natural Gas Connected
  • Water Heater

Additional Features

  • Gas Range
  • Vinyl Flooring

Listing and Financial Details

  • Tax Tract Number 11
  • Assessor Parcel Number 039022021

Community Details

Overview

  • Santa Barbara: Other Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,639

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Santa Barbara: Other
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 039022021
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Levels: Multi/Split

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Water Heater, Gas Range
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400

Multi Family

  • Lot Size Area: 6098.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rent Control: No

Tax Info

  • Tax Tract Number: 11.02

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $8,639 $803,807 $470,698 $333,109
2022 $8,333 $788,047 $461,469 $326,578
2021 $8,140 $772,596 $452,421 $320,175
2020 $8,055 $764,674 $447,782 $316,892
2019 $7,913 $749,681 $439,002 $310,679
2018 $7,800 $734,983 $430,395 $304,588
2017 $7,541 $720,572 $421,956 $298,616
2016 $7,411 $706,444 $413,683 $292,761
2014 $7,208 $682,205 $399,489 $282,716
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
07/02/2025 07/02/25 For Sale $1,695,000 -- --
Source: Ventura County Regional Data Share

Purchase History

Date Type Sale Price Title Company
Grant Deed $900,000 Old Republic Title
Interfamily Deed Transfer -- None Available
Grant Deed -- Stewart Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $907,600 Construction
Previous Owner $50,000 Credit Line Revolving
Previous Owner $325,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $440,000 Unknown
Previous Owner $440,000 Unknown
Previous Owner $47,500 Credit Line Revolving
Previous Owner $416,250 No Value Available
Previous Owner $210,000 Unknown
Previous Owner $195,000 No Value Available
Closed $27,700 No Value Available
Source: Public Records

About the Listing Agent

Larry Krogh

LIV Sotheby's International

(805) 691-0065

Section Image

Larry Krogh is a seasoned commercial broker known for his expertise in the buying, selling and managing of commercial properties. With a deep understanding of the local real estate market, Larry provides invaluable guidance to clients seeking industrial facilities, office spaces, retail sites, and multifamily complexes. His experience and insight enable him to analyze market trends, identify high-value opportunities, and negotiate terms that align with his clients’ strategic goals. Trusted by

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Source: Ventura County Regional Data Share

MLS Number: V1-30851

Ventura County Regional Data Share

APN: 039-022-021