NOT LISTED FOR SALE

408 W Pedregosa St Santa Barbara, CA 93101

Oak Park Neighborhood
-- Bed
-- Bath
-- Sq Ft
0.3 Acres

Last Sold May 23, 2024

Last sale price $2,575,000

156 Days on Market

Highlights

  • Property is near public transit
  • San Marcos Senior High School Rated A
  • Laundry Room

About This Home

As of May 2024

This home is located at 408 W Pedregosa St, Santa Barbara, CA 93101 since 14 February 2024. This property was built in 1988. 408 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.

Last Listed By

Jim Turner

JT Real Estate Group License #00970829 Listed on: 02/14/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.3 Acre Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 13 Parking Spaces
  • Uncovered Parking

Location

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

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 025-351-018

Community Details

Overview

  • 6 Units

Building Details

  • Gross Income $154,380
  • Net Operating Income $95,749

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Income Expenses Annual Income: 154380.0
  • Capitalization Rate: 3.4
  • Gross Rent Multiplier: 18.5
  • Monthly Income: 12865.0
  • Miscellaneous Parking Spaces: 13.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1988
  • NeighborhoodSchools Elementary School: Adams
  • NeighborhoodSchools Junior High School: S.B. Jr.
  • NeighborhoodSchools High School: S.B. Sr.
  • Parking Info Uncovered: Yes
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 13068.0
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Microwave2: Yes
  • Income Expenses Actual: Yes
  • IncomeExpenses NOI2: 95,749
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.3
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 13.0

Schools

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

Lot Info

  • Parcel #: 025-351-018
  • Zoning: R-3
  • Lot Size Sq Ft: 13068.0

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 154380.0
  • Total Actual Rent: 12865.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $2,575,000 -2.8% --
03/13/2024 03/13/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $2,650,000 +2.9% --
01/31/2024 01/31/24 Off Market $2,575,000 -- --
11/20/2023 11/20/23 Price Changed $2,650,000 -7.0% --
10/09/2023 10/09/23 For Sale $2,850,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jim Turner

    Seller's Agent in 2024

    Jim Turner

    JT Real Estate Group

    (805) 724-0557

    3 in this area

    13 Total Sales

    Jim Turner
    Section Image
  • Bartron Real Estate Group

    Buyer's Agent in 2024

    Bartron Real Estate Group

    Berkshire Hathaway HomeServices California Properties

    17 in this area

    221 Total Sales

    Bartron Real Estate Group
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-3044

Santa Barbara Multiple Listing Service

California Santa Barbara County Santa Barbara 93101 Oak Park

408 W Pedregosa St, Santa Barbara, CA

Homes for Sale in Santa Barbara, CA

This home is located at 408 W Pedregosa St, Santa Barbara, CA 93101 since 14 February 2024. This property was built in 1988. 408 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.

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