1308 Bath Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - bed, bath
1308 Bath Street
SANTA BARBARA, CA 93101
Property Price
SUMMARY
Analysis of 1308 Bath Street, SANTA BARBARA, CA 93101 is currently available with a list price of $1,850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1958, this duplex is aged and shows significant signs of being outdated. The listing description explicitly highlights the need to 'upgrade the existing units' and 'maximize potential,' suggesting that the kitchens, bathrooms, and interior finishes are likely original or from a much older renovation. While the structure appears sound and functional, it lacks modern appliances, fixtures, and contemporary styling, fitting the criteria for a property that is maintained but requires minor to moderate updates to meet current market expectations.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Development Potential
The property is situated within a high-density R-M zoning overlay (63 units per acre), offering exceptional upside through AUD development, ADU conversions, or expansion of the existing footprint.
- Prime Downtown Location
Boasting a high walkability factor, the residence is located within three blocks of the Santa Barbara Public Market, fine dining, and historic theaters, making it highly attractive for premium tenants.
- Immediate Value-Add Opportunity
Delivered vacant with over 2,500 square feet of living space, the duplex allows for immediate renovation and the potential to convert the downstairs unit into a main residence plus a Junior ADU.
CONSRISKS & DEFICIENCIES
- Dated 1950s Construction
Built in 1958, the property likely requires substantial capital improvements to modernize systems and finishes to meet the expectations of the high-end Santa Barbara rental market.
- Lot Size Constraints
While the zoning allows for high density, the 5,662-square-foot lot may present physical limitations for significant new construction while adhering to parking and setback requirements.
About 1308 Bath Street
1306+1308 Bath Street is a prime-location downtown duplex with many rooms and square footage, plus a detached 2-car garage, delivered vacant for the next owner to maximize its potential. Downstairs unit is a 4-bed/2-bath with separate entrances for potential conversion to a main unit + Junior ADU unit. Upstairs is a spacious 2-bed/1-bath apartment; the combined measured square footage for both apartments is over 2500+/- SF. Zoning is R-M and within the highest density (63 units per acre) overlay for Average Unit Density (AUD) plus SDBL development. Upgrade the existing units, convert spaces to additional unit(s) through ADU('s), and/or develop further through the AUD overlay. Great location within 2-3 blocks of the Public Market, fine dining, and the Arlington and Granada Theaters.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1958
- Lot Size
- 5,662 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
SANTA BARBARA Unified Schools
Roosevelt Elementary School
Grades K-6 • 1.0 mi
La Cumbre Junior High School
Grades 7-8 • 1.1 mi
Santa Barbara Junior High School
Grades 7-8 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,533 | 2,228 | 57% |
| Lot Size | 5,662 | 7,405.2 | 35% |
| Price | $1.85M | $2.51M | 26% |
| Price per sq ft | $730 | $640 | 52% |
| Built year | 1958 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 211 | 9% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,850,000
$1,950,000
-5% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$1,950,000
Initial Listing