1012 Alphonse Street, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 2 bed, 1 bath
1012 Alphonse Street
SANTA BARBARA, CA 93103
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1012 Alphonse Street Subject | $690,000* List Price | 2 | 1 | 720 | $958 | - |
A 1509 Eucalyptus Hill Road Sold | $700,000 List Price | 2 | 2 | 896 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is in a state of extreme structural decay and is currently unlivable. Built in 1927 with no evidence of major renovations, the interior features a non-functional, rusted kitchen, a gutted bathroom, and significant damage to the ceilings and walls. The listing explicitly states it is 'not for the faint of heart' and is being sold 'as-is,' confirming the structure is likely beyond cost-effective repair.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated along the desirable Milpas corridor, the property is minutes away from iconic dining like La Super Rica, the Santa Barbara County Bowl, and major retailers like Trader Joe's and Sprouts.
- Proximity to Coastal & Urban Hubs
The home offers exceptional access to East Beach, the vibrant Funk Zone, and downtown Santa Barbara, making it a highly sought-after location for future resale or rental.
- High Investment Potential
Priced significantly below the median for Santa Barbara, this property serves as a rare entry-level opportunity for contractors and investors to build equity through a full restoration.
CONSRISKS & DEFICIENCIES
- Severe Deferred Maintenance
Described as 'not for the faint of heart,' the property requires a total renovation and likely faces significant structural or system issues.
- Limited Living Space and Lot Size
With only 720 square feet of living space and a modest 2,613 square foot lot, the property offers very limited room for expansion or outdoor amenities.
- Strict As-Is Sale Terms
The property is being sold with no guarantees or warranties, placing the full burden of risk and undisclosed repair costs entirely on the buyer.
About 1012 Alphonse Street
This is an opportunity for contractors and builders or investors. This is not for the faint of heart. Opportunity Knocks to restore this 1927 2/1 720 sq. ft. house back to its original condition. Centrally located along the Milpas corridor, near the popular La Super Rica- Taqueria restaurant, Santa Barbara County bowl, near Trader Joe's and Sprouts shopping centers, East-beach, and downtown including the funk zone. Near local Santa Barbara schools and community Santa Barbara colleges. This property is being sold, ''As Is''. ''No guarantees or warranties.''
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1927
- Lot Size
- 2,613 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 31% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 720 | 1,922 | 9% |
| Lot Size | 2,613 | 10,018.8 | 11% |
| Price | $690.0K | $2.12M | 22% |
| Price per sq ft | $958 | $1.0K | 49% |
| Built year | 1927 | 1948 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 264 | 208 | 60% |
Pricing History
Listed for Sale
Jun 16, 2025
$690,000
Initial Listing