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1232 Quinientos St, Santa Barbara, CA 93103
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1232 Quinientos St Santa Barbara, CA 93103

$1,895,000
  • 2 Beds
  • 1 Baths
  • -- Sq.Ft.
For Sale
$1,895,000 Get Pre-Qualified
Map preview of 1232 Quinientos St, Santa Barbara, CA 93103

Property Overview: 1232 Quinientos St Santa Barbara, CA has 2 bedrooms, 1 bathrooms, -- living square feet and 7,840 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover an exceptional opportunity to own three remodeled houses at the base of the Santa Barbara Riviera. With over $150,000 in upgrades completed in the last 30 days, this property offers charm, privacy, and tranquility. Each of the three detached homes - a 2-bedroom, 1-bedroom, and studio - has been meticulously renovated: new flooring, recessed lighting, appliances, air conditioners/heaters, washers/dryers, insulation, electrical(separately metered), plumbing, roofs, ensuring a move-in-ready experience for the new owner Immerse yourself in the serene ambiance of the backyard featuring: mature landscaping, artificial grass, a jacuzzi, and the soothing sounds of a seasonal creek.The potential for a 1031 exchange or owner-occupancy with rental income from the other units makes it a versatile option for buyers.Conveniently located near Montecito, East Beach, and the 101 freeway, you'll easily access Santa Barbara's finest amenities and attractions. With market rents at $11,000 per month, this property promises great income potential for savvy investors.Don't miss out on this gem that seamlessly combines modern upgrades with timeless character.

Listed by Austin Jones | BRE #01937583 | Big Block Realty, Inc.
Last checked: 5 seconds ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
7,840
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
V1-22792
City
Santa Barbara
County
Santa Barbara
Time on Site
15 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Negotiable
  • Total Rent: $11,000
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $132,000
  • Net Operating Income: $99,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $33,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1232 Quinientos St

Interior Features
Cooling Information
  • Has Cooling
  • Electric, Ductless
Heating Information
  • Has Heating
  • Electric, Ductless
Laundry Information
  • Has Laundry
Fireplace Information
  • Has Fireplace
Kitchen Information
  • Has Appliances
  • Barbecue, Tankless Water Heater
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Has Spa
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
Lot Information
  • Lot Features: Sprinklers None
Property Information
  • Has View
  • Common Walls: No Common Walls
  • Parcel Number: 017183023
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Santa Barbara: Other
  • Directions: .
Neighborhood Information
  • Community Features: Biking, Sidewalks, Street Lights, Storm Drains, Hiking, Gutters, Curbs
View more facts & features

Local Santa Barbara Agent

Sale History for 1232 Quinientos St

Last sold for $20,000 on June 25th, 1997

  • April, 2024

  • Apr 3, 2024

    Date

    Active

    CRMLS: V1-22792

    $1,895,000

    Price

  • July, 2023

  • Jul 13, 2023

    Date

    Expired

    CRMLS: V1-17171

    $1,895,000

    Price

  • Mar 15, 2023

    Date

    Active

    CRMLS: V1-17171

    $1,895,000

    Price

  • Listing provided courtesy of CRMLS

    The opportunity you have been waiting for! 2 newly remodeled cottages on one lot. Rarely do you find a property with charming character, mature landscaping and privacy resting on a creek like this. Both cottages have been extensively upgraded with high-end finishes, new plumbing/electrical and appliances. This is a true gem with close proximity to Eastside restaurants, 101 freeway and the beach.

  • June, 1997

  • Jun 25, 1997

    Date

    Sold (Public Records)

    Public Records

    $20,000

    Price

Show More

Tax History for 1232 Quinientos St

Assessed Value (2020): $468,333
Year Land Value Improved Value Assessed Value
2020 $345,265 $123,068 $468,333

Home Value Compared to the Market

This property vs the competition

1232 Quinientos St is listed 52.57% lower than the median list price for the city of Santa Barbara which has a median list price of $3,995,000.

About 1232 Quinientos St

Detailed summary of property

1232 Quinientos St is a multi family located in Santa Barbara, CA 93103 and is currently for sale. This multi family property offers 2 bedrooms, 1 bathrooms, roughly -- living square feet, and sits on an approximately 7,840 square foot lot. 1232 Quinientos St was first listed on ArdentRealEstateGroup.com on April 5, 2024. The homeowner is currently asking $1,895,000. The median priced home in Santa Barbara is $3,995,000 with a median price per square foot of $1,416. Based on Ardent Real Estate Group's Santa Barbara Market Data, this home is listed 52.57% lower than the median priced home. Local competing homes currently for sale include 9501 National Blvd, 8430 Fordham Rd and 3907 Fredonia Dr. While the average home in Santa Barbara, CA is selling in 74 days, 1232 Quinientos St has a days on market of 11 days. There are currently 50 homes for sale in the Santa Barbara real estate market and 44 of them are single family homes while 6 of them are condos and 0 are townhomes. For more information on this home for sale at 1232 Quinientos St Santa Barbara, CA 93103 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Barbara agents.

Public Facts for 1232 Quinientos St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
7,840
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Santa Barbara
Lot#
--
APN
017-183-023

The source for these homes facts are from public records.

93103 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,995,000
Median List Price/Sq.Ft.
$1,492
Median Sold Price
$2,600,000
Median Sold Price/Sq.Ft.
$1,056
Total Inventory
7
Median Sale to List Price %
88.14%
Avg Days on Market
107
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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