328 W Islay St Santa Barbara, CA 93101
Oak Park NeighborhoodEstimated payment $14,654/month
Highlights
- Deck
- Property is near public transit
- Fireplace
- Santa Barbara Senior High School Rated A-
- 4 Car Detached Garage
- Patio
About This Home
Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of the four units include laundry. The 3BD/2.5BA portion of the main home will be delivered vacant, allow¬ing for an owner to obtain full market rate rents or occupy it themselves. A new owner may also explore converting the separated unit and existing garages into legal dwell¬ings under the additional dwelling unit (ADU) legislation to maximize rental income. See ''more'' Utilities: Master metered for all utilities
To Show: Call listing agent. Do not disturb
tenants.
The property benefits from plentiful off-street parking and garage storage for tenants or owner.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,110
Year Built
- Built in 1905
Lot Details
- 8,712 Sq Ft Lot
- Partially Fenced Property
- Property is in average condition
Parking
- 4 Car Detached Garage
- 4 Open Parking Spaces
Interior Spaces
- 1,981 Sq Ft Home
- 2-Story Property
- Fireplace
- Vinyl Plank Flooring
Kitchen
- Stove
- Microwave
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Location
- Property is near public transit
- Property near a hospital
- Property is near shops
- Property is near a bus stop
Schools
- Peabody Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Listing and Financial Details
- Assessor Parcel Number 027-012-019
Community Details
Pet Policy
- Pets Allowed
Additional Features
- 4 Units
- Gross Income $134,400
Map
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 |
|---|---|---|---|---|
| 2023 | $15,110 | $1,397,260 | $833,859 | $563,401 |
| 2022 | $14,581 | $1,369,863 | $817,509 | $552,354 |
| 2021 | $14,246 | $1,343,004 | $801,480 | $541,524 |
| 2020 | $14,100 | $1,329,234 | $793,262 | $535,972 |
| 2019 | $13,854 | $1,303,171 | $777,708 | $525,463 |
| 2018 | $13,658 | $1,277,619 | $762,459 | $515,160 |
| 2017 | $13,207 | $1,252,568 | $747,509 | $505,059 |
| 2016 | $12,913 | $1,228,008 | $732,852 | $495,156 |
| 2014 | $12,562 | $1,185,871 | $707,705 | $478,166 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2024 12/10/24 | Price Changed | $2,400,000 | 0.0% | $1,212 / Sq Ft |
| 12/10/2024 12/10/24 | Price Changed | $2,400,000 | -7.5% | -- |
| 07/10/2024 07/10/24 | For Sale | $2,595,000 | 0.0% | $1,310 / Sq Ft |
| 07/10/2024 07/10/24 | Price Changed | $2,595,000 | 0.0% | -- |
| 07/10/2024 07/10/24 | For Sale | $2,595,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $999,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | -- | Equity Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $523,500 | New Conventional | |
| Closed | $527,500 | New Conventional | |
| Closed | $650,000 | No Value Available | |
| Previous Owner | $710,937 | Stand Alone First |
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2284
APN: 027-012-019
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