1803 Grand Avenue, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - bed, bath
1803 Grand Avenue
SANTA BARBARA, CA 93103
Property Price
SUMMARY
Analysis of 1803 Grand Avenue, SANTA BARBARA, CA 93103 is currently available with a list price of $1,995,000. 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.
The property is a 1923 build that is well-maintained and move-in ready due to recent cosmetic updates like fresh interior paint and new carpeting. However, based on the age and description, the kitchen and bathrooms appear to feature older styles and functional but dated fixtures rather than a full modern renovation. It meets the criteria for a property that has been maintained through regular upkeep but shows signs of being aged.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential & Versatility
The property features a main residence and a permitted separate apartment, both delivered vacant, providing immediate flexibility for rental income, multigenerational living, or an owner-user strategy.
- Desirable Location & Views
Situated in the sought-after Riviera/Lower area, the home includes a large view deck and offers convenient access to downtown Santa Barbara, shopping, and major commuter routes.
- Move-In Ready Condition
Recent updates including fresh interior paint and new carpeting, combined with the vacant status of both units, allow for immediate occupancy or market-rate leasing without delay.
CONSRISKS & DEFICIENCIES
- Limited Parking
With only an oversized one-car garage serving two separate units, parking may be constrained for multiple occupants or guests in a high-demand residential area.
- Historic Infrastructure Risks
Originally constructed in 1923, the property may require ongoing maintenance or future capital improvements to modernize aging systems typical of century-old homes.
About 1803 Grand Avenue
Exceptional Residential Income opportunity in a prime Santa Barbara location. This property features a spacious main residence plus a permitted apartment (with separate access), both delivered vacant -- offering immediate flexibility for investors or owner-occupants seeking rental income. Ideal for live-in-one, rent-the-other, multigenerational living, or full investment strategy. Strong rental demand in the area supports excellent long-term income potential. Conveniently located near downtown, shopping, and major commuter routes. Rare opportunity to secure a versatile two-unit property in Santa Barbara's competitive market. Property also offers oversize 1-car garage and large view deck. Apartment has two private decks off bedroom & living area. Recently painted interiors & new carpet.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1923
- Lot Size
- 4,791.6 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,568 | 1,942 | 50% |
| Lot Size | 4,791.6 | 4,791.3 | 50% |
| Price | $2.00M | $2.50M | 50% |
| Price per sq ft | $777 | $977 | 38% |
| Built year | 1923 | 1917 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 132 | 13% |
Pricing History
Listed for Sale
Feb 23, 2026
$1,995,000
Initial Listing