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$1,895,000   Price Analysis
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208 W Arrellaga St
Santa Barbara, CA 93101
5 bed 3 bath unknown SqFt ($0/SqFt)
9,147SqFt lot. Built 1904
Listed 2024-05-02, Taxes $4,640
Ⓧ USDA Ineligible
due to price & location

near Santa Barbara

PLEASE DO NOT DISTURB TENANTS.

Owned and loved by the same family for over 70 years. The combination of location, character and unit mix makes 208 W. Arrellaga St. an ideal and rare multi-family investment opportunity. Set behind a white picket fence, rose bushes planted in the 1940's line the walkway to the original main house which consists (1) 2 bed/1 bath, (2) 1 bed/1 bath. The open downstairs 1-bed unit has a formal living room, separate dining room as well as a sun porch that opens up to an inviting patio and a fenced private backyard. The upstairs 1-bed unit features dining room/breakfast nook, galley kitchen and a sun porch overlooking the backyard. The 2-bed unit, which is also located upstairs, has formal living room with large windows and a franklin-stove-type fireplace.

Additionally, in the back of the property, there is a cozy 1-bed/1-bath cottage with the private, fenced backyard. The main house still embodies the charm of its original 1904 finishings. Units feature hardwood floors throughout and high ceilings with crown molding and an abundance of natural light. All four units have been well maintained and offer spacious floor plans and privacy. This asset is conveniently located near downtown with easy freeway access and a short distance to Cottage Hospital, shopping and dining. Don't miss out on making this unique property part of your portfolio. Each apartment has its own utility meter and service panel, including electric and gas meters. Tenants are responsible for their own utilities and pay their own utility bills except water and trash. Contact Listing Agents for details. ACCESS TO BUILDING SUBJECT TO ACCEPTED OFFER.


Presented by Steven J Golis at
Radius Group Commercial R.E.


Property MLS #24-1420 from SantaBarbara

Bedrooms: 5

Total Bathrooms: 0
Full Bathrooms: 3

Lot Size Acres: 0.2099862
Lot Size Square Feet: 9147

Association: No
Calculated Total Monthly Association Fees: 0

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

Santa Barbara Senior High School is a public high school located approximately 1.1 miles away.
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Santa Barbara Junior High School is a public middle school located approximately 1.4 miles away.
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Providence School is a private elementary, middle and high school located approximately 0.3 miles away.
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Harding University Partnership is a public elementary school located approximately 0.8 miles away.
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Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Unit-1 Furnished Description: N

Source Listing Status: Active
County: Santa Barbara
Source Property Type: Res Inc
Area: 20 - SB/WEST OF STATE
MLS Area Minor: 20 - SB/WEST OF STATE
Source Neighborhood: 20 - Westside
Parcel Number: 027-171-014
Subdivision: 20 - Westside
Zoning: R-4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$180,872 + $252,149
$433,021
$4,640
2021$177,326 + $247,205
$424,531
$4,532
2020$175,508 + $244,671
$420,179
$4,485
2019$172,067 + $239,874
$411,941
$4,407
2018$168,694 + $235,171
$403,865
$4,344
2017$165,387 + $230,560
$395,947
$4,201
2016$162,145 + $226,040
$388,185
$4,171
2015$159,710 + $222,645
$382,355
$4,125
2014$156,582 + $218,284
$374,866
$4,059
2013$155,875 + $217,298
$373,173
$4,041
2012$152,819 + $213,038
$365,857
$3,891
2010$149,823 + $208,861
$358,684
$3,769
2009$149,058 + $207,794
$356,852
$3,778
2009$148,704 + $207,301
$356,005
$3,778
2008$146,136 + $203,720
$349,856
$3,652
2007$143,271 + $199,726
$342,997
$3,550

Listed 2024-05-02
$1,895,000
SantaBarbara
Listing removed 2024-04-24
$0
SantaBarbara
Relisted 2024-02-14
$2,095,000
SantaBarbara
Listing removed 2024-02-13
$0
SantaBarbara
Listed 2024-01-23
$2,095,000
SantaBarbara
Sold 1993-07-20
$175,500
Public Record

Year Built: 1904
Property Age: 120
Property Condition: Good
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.