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518 W Arrellaga St #A, Santa Barbara, CA 93101
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518 W Arrellaga St #A Santa Barbara, CA 93101

$1,275,000
  • 5 Beds
  • 2 Baths
  • 6,098 Sq.Ft.
Pending
$1,275,000 Get Pre-Qualified
Map preview of 518 W Arrellaga St #A, Santa Barbara, CA 93101

Property Overview: 518 W Arrellaga St #A Santa Barbara, CA has 5 bedrooms, 2 bathrooms, 6,098 living square feet and 6,098 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: Convenient Westside Santa Barbara location. Two houses on one lot. Great improvement and/or development opportunity. Property may benefit from Santa Barbara’s Average Unit-Size Density Incentive Program which allows for higher density allowance = more rentable units!

Listed by Kevin Goodwin | BRE #01376204 | Goodwin & Thyne Properties
Last checked: 4 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 228
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Home details

Lot Sq. Ft
6,098
HOA Dues
$0/mo
Year built
1930
Garage
--
Property Type:
Single Family Home
Status
Pending
MLS#
SC23164396
City
Santa Barbara
County
Santa Barbara
Time on Site
239 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 518 W Arrellaga St #A

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Property Details for 518 W Arrellaga St #A

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway, Off Street
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 043223007
  • Year Built Source: Other
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Santa Barbara: Other (80)
  • Directions: From Mission Street turn left onto San Andres St, turn left on W Arrellaga St
Neighborhood Information
  • Community Features: Biking, Foothills
View more facts & features

Local Santa Barbara Agent

Sale History for 518 W Arrellaga St #A

Last sold on September 2nd, 2003

  • April, 2024

  • Apr 17, 2024

    Date

    Pending

    CRMLS: SC23164396

    $1,275,000

    Price

  • Sep 1, 2023

    Date

    Active

    CRMLS: SC23164396

    $1,500,000

    Price

  • September, 2003

  • Sep 2, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 1999

  • Mar 31, 1999

    Date

    Sold (Public Records)

    Public Records

    $180,000

    Price

Show More

Tax History for 518 W Arrellaga St #A

Assessed Value (2020): $877,523
Year Land Value Improved Value Assessed Value
2020 $650,020 $227,503 $877,523

Home Value Compared to the Market

This property vs the competition

518 W Arrellaga St #A is listed 66.45% lower than the median list price for the city of Santa Barbara which has a median list price of $3,800,000. The median price per/sqft for Santa Barbara is $1,492 and this home is listed at $209.08 per/sqft which puts the price per square foot 85.99% lower than the median price per square foot for the city of Santa Barbara.

About 518 W Arrellaga St #A

Detailed summary of property

518 W Arrellaga St #A is a single family home located in Santa Barbara, CA 93101 and is currently in escrow to be sold. This house offers 5 bedrooms, 2 bathrooms, roughly 6,098 living square feet, and sits on an approximately 6,098 square foot lot. 518 W Arrellaga St #A was first listed on ArdentRealEstateGroup.com on September 1, 2023. The homeowner is currently asking $1,275,000 and was originally asking $1,500,000. The median priced home in Santa Barbara is $3,800,000 with a median price per square foot of $1,492. Based on Ardent Real Estate Group's Santa Barbara Market Data, this home is listed 66.45% lower than the median priced home. Local competing homes currently for sale include 11847 Gorham Ave #105, 11922 Gorham Ave #1 and 11847 Gorham Ave #303. While the average home in Santa Barbara, CA is selling in 66 days, 518 W Arrellaga St #A has a days on market of 228 days. There are currently 45 homes for sale in the Santa Barbara real estate market and 39 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 518 W Arrellaga St #A Santa Barbara, CA 93101 contact Ardent Real Estate Group and we will put you in touch with one of our Santa Barbara agents.

Public Facts for 518 W Arrellaga St #A

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,098
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Santa Barbara
Lot#
--
APN
043-223-007

The source for these homes facts are from public records.

93101 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,750,000
Median List Price/Sq.Ft.
$1,054
Median Sold Price
$1,730,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
7
Median Sale to List Price %
96.65%
Avg Days on Market
103
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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