136 W Figueroa Street, Santa Barbara, CA 93101, Santa Barbara, 93101 - 3 bed, 2 bath
ACTIVE$1,700,000$1,342/sqft
136 W Figueroa Street, Santa Barbara, CA 93101
3Beds
2Baths
1,342Sqft
3,920Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Downtown Location: Situated in the heart of Santa Barbara, offering unparalleled walkability to State Street, the historic Courthouse, Cottage Hospital, and the pier, enhancing desirability and convenience.
Top Cons:
Age of Property & Potential Updates: Constructed in 1925, the property may require significant updates to systems, infrastructure, or aesthetics to meet modern residential or commercial standards, incurring additional costs.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1925 (101 years old).
Condition: Built in 1925, this property features a highly dated kitchen with red cabinets, tiled countertops, and vintage appliances. The bathrooms also show significant age with outdated tile work and fixtures. While the property appears structurally sound and maintained, the interior finishes, including the old green carpeting and light fixtures, are severely outdated. Converting it from its current office layout to a modern residential space would require substantial renovations, including likely overhauls of major systems (electrical, plumbing) and complete kitchen and bathroom remodels, aligning with the 'poor' condition criteria.
Year Built
1925
Close
-
List price
$1.7M
Original List price
-
Price/Sqft
$1,267
HOA
$0
Days on market
-
Sold On
-
MLS number
V1-32748
Home ConditionPoor
Features
Good View:
View-
About this home
Unique Santa Barbara Opportunity - Commercial or Residential Use.Charming and versatile property in the heart of Santa Barbara, just steps from State Street, the historic Courthouse, Cottage Hospital, and the pier. Originally built as an home, but most recently used as an office, this building offers flexible use as either commercial or residential, with character you must see to appreciate. The main level features a welcoming reception area with a conference space at the base of the stairs, two private offices, a kitchen, and a half bathroom. Upstairs you'll find a spacious office/bedroom and a full bathroom. The property's standout feature is the rare wrap-around driveway with space for up to four cars. A rare find in a prime location--schedule your showing today! This one will go fast.
C
Carolyn Owens
Listing Agent
Nearby schools
5/10
Roosevelt Elementary School
Public,•K-6•1.1mi
4/10
Santa Barbara Junior High School
Public,•7-8•1.1mi
5/10
La Cumbre Junior High School
Public,•7-8•1.3mi
6/10
Santa Barbara Senior High School
Public,•9-12•0.8mi
7/10
San Marcos Senior High School
Public,•9-12•4.8mi
Condition Rating
Poor
Built in 1925, this property features a highly dated kitchen with red cabinets, tiled countertops, and vintage appliances. The bathrooms also show significant age with outdated tile work and fixtures. While the property appears structurally sound and maintained, the interior finishes, including the old green carpeting and light fixtures, are severely outdated. Converting it from its current office layout to a modern residential space would require substantial renovations, including likely overhauls of major systems (electrical, plumbing) and complete kitchen and bathroom remodels, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime Downtown Location: Situated in the heart of Santa Barbara, offering unparalleled walkability to State Street, the historic Courthouse, Cottage Hospital, and the pier, enhancing desirability and convenience.
Versatile Mixed-Use Zoning: Unique flexibility for either commercial or residential use, significantly broadening the potential buyer pool and offering diverse investment strategies.
Ample Off-Street Parking: Features a rare wrap-around driveway accommodating up to four vehicles, a highly sought-after amenity in a dense urban environment like downtown Santa Barbara.
Historic Charm and Character: Built in 1925, the property retains original character and architectural details, appealing to buyers seeking a unique and distinctive property.
Strong Investment Potential: The combination of a prime location, flexible use, and rare parking makes this property a compelling investment opportunity with potential for appreciation and diverse income streams.
Cons
Age of Property & Potential Updates: Constructed in 1925, the property may require significant updates to systems, infrastructure, or aesthetics to meet modern residential or commercial standards, incurring additional costs.
Current Office Layout: Recently configured as an office, a residential buyer would likely need to undertake renovations to convert the space back into a functional and desirable home layout, adding to the overall investment.
Limited Lot Size: With a lot size of 3,920 sqft, outdoor space is relatively constrained, which might be a drawback for buyers desiring larger yards or extensive outdoor living areas.