110 S Salinas Street D, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 3 bath

110 S Salinas Street D
SANTA BARBARA, CA 93103
Property Price
SUMMARY
Analysis of 110 S Salinas Street D, SANTA BARBARA, CA 93103 reveals a Prime Investment Opportunity with a current list price of $1,200,000—significantly undercutting the $1,277,474 Fair Market Value by 6%. This valuation gap indicates a +$77,474 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 110 S Salinas Street D Subject | $1,200,000* List Price | 3 | 3 | 1,468 | $870 | - |
A 302 N Soledad Street Sold | $1,240,000 | 3 | 2 | 1,316 | $942 | 0.5 mi |
B 535 N Quarantina Street Sold | $1,230,000 | 5 | 3 | 1,393 | $883 | 1.0 mi |
C 1332 Pitos Street Sold | $1,025,000 | 4 | 3 | 1,073 | $955 | 0.4 mi |
D 322 S Voluntario Street Sold | $1,150,000 | 3 | 2 | 1,780 | $646 | 0.4 mi |
E 21 La Cadena Street Active | $1,525,000 List Price | 3 | 3 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1987, this property is well-maintained and move-in ready. It features high-quality materials such as hardwood floors and custom Spanish-tiled bathrooms with thoughtful upgrades. While it does not meet the 'excellent' criteria for a full recent renovation, the home's condition exceeds 'fair' due to its functional layout, updated aesthetic, and the addition of a versatile attached studio.
PROSSTRENGTHS & OPPORTUNITIES
- Detached Living Privacy
As a freestanding residence with no shared walls, this property offers the privacy and quiet of a single-family home while benefiting from the structure of a small four-unit enclave.
- Income & Versatility Potential
The attached studio with its own private entrance is a high-value asset, perfect for generating rental income, hosting guests, or serving as a dedicated professional home office.
- Exceptional Parking & Storage
Rare for condominium living, the property includes a detached garage plus two additional off-street parking spaces and a large usable crawl space configured as a workshop.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1468, other record living area = 1322.
- Low Available Lot Utilization
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 558, living area = 1322.
- Association Fee Obligations
The $400 monthly association fee adds an ongoing carrying cost that buyers of traditional single-family homes in this price point might find less desirable.
About 110 S Salinas Street D
A Hidden Gem, Available for the First Time in 25 Years. This freestanding residence within an intimate four-unit enclave offers the privacy of a single-family home with no shared walls. Sunlight pours through expansive windows from morning to evening, filling the home with warmth and energy. Hardwood floors anchor the main living spaces, while the spacious living room with fireplace opens to a private balcony, creating seamless indoor-outdoor flow.The kitchen and dining area are naturally bright and inviting. A generously sized laundry room adds everyday convenience. A standout feature is the attached studio with its own private entrance -- ideal for guests, extended family, a private office, creative space and or additional income.The primary suite is gracious in scale and features a custom Spanish-tiled bath and abundant closet space. Additional bedrooms are versatile and well-proportioned, and the bathrooms throughout reflect thoughtful upgrades. Below the home, a substantial usable crawl space functions beautifully as a workshop or workbench room and provides valuable additional storage. Detached garage with exceptional capacity, along with TWO additional off-street parking spaces -- an uncommon luxury in condominium living. A private yard offers space for gardening, quiet mornings, or relaxed evenings. Bright, private, and remarkably functional -- this is a rare opportunity in a desirable setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $400 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,468 | 1,922 | 36% |
| Lot Size | - | 10,018.8 | 11% |
| Price | $1.20M | $2.12M | 27% |
| Price per sq ft | $817 | $1.0K | 36% |
| Built year | 1987 | 1949 | 89% |
| HOA | $400 | $0 | 93% |
| Days on market | 17 | 199 | 2% |
Pricing History
Listed for Sale
Feb 18, 2026
$1,200,000
Initial Listing






















