1121 San Andres Street Unit D, Santa Barbara, CA 93101, Santa Barbara, 93101 - 0 bed, 0 bath
Loading property details...
1121 San Andres Street Unit D
Santa Barbara, CA 93101
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,303Sq Ft
1,307Lot Size
Property Price
LIST PRICE$1,049,000
EST. MARKET VALUE
$1,187,239
3% BelowMARKET VALUE
SUMMARY
This Residential Income Asset is a Strong Value Opportunity, listed at $1,149,000—positioned well below the $1,187,239 Fair Market Value by 3%. This valuation gap offers $38,239 in Instant Equity. With a Condition Rating of 3, the property features a rare Triple Ensuite Layout and Superior Parking Capacity for three vehicles. Its central location and functional design make it an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a high-demand student rental.
Estimated Market Value
$1,187,239+$138,239 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1121 San Andres Street Unit D Subject 0 bd · 0 ba · 1,303 sqft · $911 | $1,049,000* List Price | 0 | 0 | 1,303 | $911 | - |
A 1715 De La Vina Street Active 0 bd · 0 ba · 1,424 sqft · $980 · 0.8 mi | $1,395,000 List Price | 0 | 0 | 1,424 | $980 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1976 but well-maintained and move-in ready. The kitchen features updated stainless steel appliances and the unit includes central A/C. While some finishes like the Saltillo tile and cabinet styles are dated, the ensuite bathrooms and overall cleanliness suggest renovations or consistent maintenance within the 5-15 year range.
PROSSTRENGTHS & OPPORTUNITIES
- Triple Ensuite Layout
Each of the three bedrooms features its own private full ensuite bath, a rare and highly functional configuration that maximizes privacy and rental appeal for student housing or multi-tenant living.
- Superior Parking Capacity
The inclusion of three off-street parking spaces is a significant competitive advantage in Santa Barbara, offering rare convenience for a three-bedroom unit in a high-density area.
- Modern Comforts & Privacy
Positioned at the rear of a quiet complex for maximum seclusion, the home is equipped with essential modern upgrades including central A/C, in-unit laundry, and a primary suite with a soaking jacuzzi tub.
CONSRISKS & DEFICIENCIES
- Complex Age
Built in 1976, the property is part of an older 8-unit complex which may necessitate higher long-term maintenance considerations compared to newer residential developments.
- Moderate School Ratings
The local elementary and middle schools carry average ratings of 5/10, which may be a drawback for families specifically seeking Santa Barbara’s top-tier academic districts.
About 1121 San Andres Street Unit D
Tucked away at the back of a quiet 8-unit complex, this rare Westside SantaBarbara condo offers peaceful seclusion with central convenience. All 3 bedrooms feature private, full ensuite baths. Perfect for student housing. The primary suite impresses with dual sinks, a double-headed shower, and soaking jacuzzi tub. The open floor plan of the kitchen, dining, counter seating, and living room flows through a glass slider to a private enclosed patio. In-unit laundry, central A/C, and generous storage. Parking is a standout: two assigned spaces plus a rare third off-street spot, all accessed via the ''Mercedes Lane'' off Carrillo. This flexible floor plan is perfect for 1031 buyers, as a student rental, and more! To reach 1121 San Andres St., Unit D, enter the complex directly from Mercedes Lane, the street immediately behind and parallel to San Andres Street. From Mercedes Lane, turn directly into the complex parking area. Unit D is nestled at the rear of the property.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1976
- Lot Size
- 1,307 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Santa Barbara Unified Schools
Harding University Partnership
Grades K-6 • 0.5 mi
5/10
Adams Elementary School
Grades K-6 • 1.7 mi
6/10
La Cumbre Junior High School
Grades 7-8 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,303 | 1,517.75 |
| Lot Size | 1,307 | 6,905.063 |
| Price | $1.05M | $1.98M |
| Price per sq ft | $805 | $1.2K |
| Built year | 1976 | 1955 |
| HOA | $0 | $0 |
| Days on market | 47 | 69 |
Pricing History
Listed for Sale
Sep 23, 2026
$1,049,000
$1,149,000
-9% Price Drop
Initial Listing
Price Change
Sep 7, 2026
$1,149,000
Initial Listing
Sold
Feb 28, 2022
$995,000
Public Record
Sold
Sep 10, 2018
$750,000
Public Record
Sold
May 12, 2016
$663,000
Public Record
Sold
Apr 23, 2015
$565,000
Public Record