
SANTA BARBARA, CA 93101
This Detached Dual-Living Residential Income Asset is listed at $2,190,000, representing a stable acquisition at its $2,190,000 Fair Market Value. Featuring two fully detached 3-bedroom, 2-bathroom residences, the property holds a Condition Rating of 3 due to extensive modern renovations, vaulted ceilings, and private patios. Delivered vacant, it offers immediate market-rate rental upside or a seamless multi-generational setup in Santa Barbara’s Westside, near San Marcos Senior High. This versatile offering is a premier choice for Buy-and-Hold Investors and Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1204 San Andres Street Subject | $2,190,000* List Price | 0 | 0 | 2,429 | $902 | - |
A 215 E Victoria Street Sold | $2,787,500 | 0 | 0 | 2,708 | $1,029 | 0.9 mi |
B 1308 Bath Street Pending | $1,850,000 List Price | 0 | 0 | 2,533 | $730 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1910, the property has clearly undergone extensive renovations and is presented in move-in ready condition. The interiors feature modern elements such as vaulted ceilings, recessed lighting, and uniform tile flooring throughout. The kitchens are updated with stainless steel appliances and white cabinetry, while the bathrooms are clean and functional with contemporary vanities. The property appears well-maintained with no obvious signs of deferred maintenance, fitting the criteria for a well-maintained home renovated within the last 15 years.
Unlike traditional duplexes, this property offers two fully detached 3-bedroom, 2-bathroom residences, providing a rare single-family home feel with private yards and individual two-car garages.
Delivered completely vacant, the property allows for immediate market-rate rental income or a seamless multi-generational living arrangement without the complications of existing tenancies.
Situated in the Westside, the property boasts high tenant appeal due to its proximity to Santa Barbara City College, downtown amenities, and the Mesa, ensuring long-term desirability.
Built in 1910, the property may require significant ongoing maintenance or capital improvements to modernize aging systems and structural elements typical of homes from this era.
With over 80 days on the market and a recent $150,000 price reduction, the property has faced initial resistance, suggesting potential challenges with the current valuation or buyer perception.
A great opportunity to own 2 fully detached, private residences, ideal for long term investment, multi generational living, or living in one while generating meaningful rental income from the other. Moments from City College, the Mesa, downtown, and some of the area's favorite restaurants, shops and beaches. Each home offers 3-bedrooms and 2-baths along with its own fenced outdoor space, patio, laundry, spacious two car garage, and generous off-street parking, creating a setting that feels more like single family living than a typical duplex. Unit B features attic space of more than 300 square feet, ideal for a home office, creative studio, or flexible space. This is a property that supports a true Santa Barbara lifestyle, offering walkable convenience, easy access to public transportation, privacy, and flexibility in one cohesive offering. Opportunities like this are becoming increasingly rare. The combined measured square footage of both units is approximately 2,800 square feet. Delivered vacant, the property allows the next owner to shape and maximize its full potential from day one.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.7 mi
Grades 7-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,429 | 2,527 | 47% |
| Lot Size | - | 10,018.8 | 6% |
| Price | $2.19M | $2.75M | 24% |
| Price per sq ft | $902 | $608 | 59% |
| Built year | 1910 | 1951 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 88 | 232 | 18% |
Mar 30, 2026
$2,190,000
$2,340,000
-6% Price Drop
Initial Listing
Jan 24, 2026
$2,340,000
Initial Listing
Jul 18, 2022
$1,950,000
Public Record
Jun 17, 2016
$1,175,000
Public Record