$1,875,000

Estimated payment $12,034/month

Total Views 261
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near an ocean
  • Santa Barbara Senior High School Rated A-
  • Property is near a park

About This Home

Your opportunity to own a uniquely positioned triplex with off-street parking in prime downtown Santa Barbara. It is literally adjacent to the historic 4-star Upham Hotel. Great for someone who wants to live in one unit and rent the others or for an excellent income generator in the heart of downtown. Charming property with each unit boasting its own private patio and laundry. Highly desirable downtown location with a walk score: 94 and bike score: 93. 1420 is a 1/1 with an inviting front porch and large enclosed sunroom that can be used as a flex space for an office, family room or 2nd bedroom. An additional room off the back is great for storage or as a large mud room leading to the private back patio with laundry. 1420 #A is a 1/1 with large shared front porch, hardwood floors, 10 ft beamed ceilings in living room and generous sized bedroom and remodeled bathroom. The kitchen has built-ins for storage and access to a private back patio with laundry and gate to off-street parking area. 1420 #B is an one bedroom and one bathroom and offers a quaint front porch and nice sized kitchen with access to a private back patio with laundry and gate to off-street parking area. The entire property is set back off of the street and has tall hedges and mature trees. Located in a first-in-class location, the triplex is conveniently located just 2 blocks to State Street in downtown Santa Barbara and a short distance to Cottage Hospital, shopping, restaurants and the beautiful Santa Barbara beaches!

Listing Agent

Martin Mielko

Diamond Properties License #00639142

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,071

Home Design

  • Raised Foundation

Parking

  • 5 Parking Spaces
  • 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

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

Utilities

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

Additional Features

  • Laundry in unit
  • Property is near an ocean
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 039-062-012
  • Seller Considering Concessions

Community Details

Overview

  • 3 Units
  • 15 Or 20 Downtown Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $96,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,071

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 19
  • Income Expenses Annual Income: 96600.0
  • Monthly Income: 8050.0
  • Meters Sep Meter Gas: Yes
  • Miscellaneous Parking Spaces: 5.0
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: 15 or 20 - Downtown
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 19
  • NeighborhoodSchools Elementary School: Peabody
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • Pets Yes: Yes
  • Foundation Raised2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Foundation Details: Raised

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Uncovered, Unc #3
  • Total Parking Spaces: 5.0

Schools

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

Lot Info

  • Parcel #: 039-062-012
  • Zoning: R-4

Rental Info

  • Owner Pays: Trash Collection, Water, Electricity

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 96600.0
  • Total Actual Rent: 8050.0

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 $19,071 $1,900,000 $700,000 $1,200,000
2022 $1,585 $145,028 $76,778 $68,250
2021 $1,546 $142,185 $75,273 $66,912
2020 $1,530 $140,728 $74,502 $66,226
2019 $1,503 $137,970 $73,042 $64,928
2018 $1,482 $135,265 $71,610 $63,655
2017 $1,433 $132,613 $70,206 $62,407
2016 $1,484 $130,014 $68,830 $61,184
2014 $1,446 $125,554 $66,469 $59,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 For Sale $1,875,000 0.0% --
10/14/2024 10/14/24 Rented $2,850 0.0% --
10/08/2024 10/08/24 For Rent $2,850 0.0% --
11/09/2023 11/09/23 Sold $1,800,000 +9.1% --
10/15/2023 10/15/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $1,650,000 -- --
Source: Santa Barbara Multiple Listing Service

Deed History

Date Type Sale Price Title Company
Grant Deed $1,800,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,170,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $195,000 Unknown
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1494

Santa Barbara Multiple Listing Service

APN: 039-062-012