126 Santa Ana Ave Avenue, SANTA BARBARA, CA 93111, SANTA BARBARA, 93111 - 7 bed, 4 bath
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SANTA BARBARA, CA 93111
This property represents a High-Potential Investment Opportunity, listed at $1,900,000—positioned well above the $1,575,073 Fair Market Value. While the pricing reflects a premium, the 7-bedroom, 4-bath configuration offers rare utility for high-yield rental income or multi-generational living. The home maintains a Condition Rating of 4, featuring a functional layout with a patio and recent cosmetic updates. Given the density and age of the structure, this asset is best suited for Buy-and-Hold Investors or Owner-Occupants focused on long-term appreciation in the desirable 93111 coastal market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 126 Santa Ana Ave Avenue Subject | $1,900,000* List Price | 7 | 4 | 2,182 | $747 | - |
A 631 San Ricardo Drive Sold | $1,550,000 | 5 | 3 | 2,302 | $673 | 0.6 mi |
B 112 Santa Ana Avenue Pending | $1,675,000 List Price | 7 | 3 | 2,351 | $712 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property shows signs of partial updates including dual-pane windows and large-format tile flooring, but remains stylistically dated. The red patterned carpeting, bathroom tile wainscoting, and older fixtures suggest renovations are likely over 20 years old. While well-maintained and functional, the interior requires cosmetic modernization to kitchens and baths to meet current market expectations.
With 7 bedrooms, this property offers rare capacity for large families or high-yield rental potential, a significant find in the Santa Barbara market.
Located in the highly desirable 93111 area of Santa Barbara, the property ensures strong long-term appreciation and proximity to premium local amenities.
The 7-bed, 4-bath configuration provides a versatile layout ideal for multi-generational living or maximizing occupancy for investment purposes.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 4.
Packing 7 bedrooms into 2,182 square feet likely results in smaller individual room sizes, which may not appeal to buyers seeking spacious, open-concept living.
Built in 1962, the home may require significant capital expenditure to update aging systems and cosmetic finishes to meet modern luxury standards.
Exceptional opportunity in SANTA BARBARA. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 4.0 | 97% |
| Baths | 4.0 | 3.0 | 84% |
| Square foot | 2,182 | 2,002.5 | 55% |
| Lot Size | 7,405 | 9,365 | 42% |
| Price | $1.90M | $1.57M | 66% |
| Price per sq ft | $871 | $866 | 53% |
| Built year | 1962 | 1963 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 184 | 3% |
May 5, 2026
$1,900,000
Initial Listing