1917 Bath Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 0 bed, 0 bath
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1917 Bath Street
SANTA BARBARA, CA 93101
ACTIVE
CONDITION: FAIR
0Beds
0Baths
1,567Sq Ft
6,970Lot Size
Property Price
LIST PRICE$2,400,000
EST. MARKET VALUE
$2,400,000
SUMMARY
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at a List Price of $2,600,000—positioned well below the $2,613,500 Fair Market Value by 0.52%. This valuation gap offers $13,500 in Instant Equity. With a Condition Rating of 4, the vintage 1917 structure provides significant value-add potential through modernization. The inclusion of three separate units with dedicated garages ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Estimated Market Value
$2,400,000
Based on Realkey algorithm analyzing recent comparable sales in SANTA BARBARA.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1917 Bath Street Subject | $2,400,000* List Price | 0 | 0 | 1,567 | $1,532 | - |
A 1917 Bath Street Active | $2,875,000 List Price | 0 | 0 | 1,567 | $1,835 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
This 1917 vintage property is functional and well-maintained but significantly dated. The kitchen features hex-tile countertops and cabinetry likely dating back 30+ years, and the overall interior finishes reflect a lack of recent major renovation. While move-in ready, it requires updates to the kitchen, baths, and likely older systems to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features a main 3-bedroom residence plus two additional units (a 2-bedroom and a studio), providing significant rental income to offset the cost of homeownership in a high-demand area.
- Historic Character and Charm
Built in 1917, this vintage home offers desirable architectural details including original wood floors, a formal dining room, and classic built-in cabinetry that appeal to boutique buyers.
- Dedicated Tenant Parking
Each of the three units comes equipped with its own garage, a rare and highly valuable amenity in the Santa Barbara market that enhances both tenant convenience and property value.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
As a century-old property built in 1917, it may require substantial ongoing maintenance or costly updates to aging electrical, plumbing, and structural systems.
- Recent Market Devaluation
The current list price of $2.6M is significantly lower than the 2023 sale price of $2.85M, indicating a potential downward trend in the property's specific market valuation.
About 1917 Bath Street
Unique opportunity for multi-generational living, investment, or an owner-user seeking flexibility in a desirable Santa Barbara location. Charming front residence offers 3BD/2BA across approx. 1,567 SF with wood floors, formal dining, built-in cabinetry, fireplace, sunroom, covered front porch & stand-up attic. Detached Spanish-style duplex features an upper 2BD/1BA with fireplace, balcony & mountain views, plus a spacious lower studio with kitchen, fireplace & separate office/workspace. All 3 residences have in-unit laundry. Three single-car garages with alley access add convenience. Public records indicate the duplex is approx. 1,730 SF, bringing the combined living space to approx. 3,297 SF. A versatile property offering multiple possibilities for living & income. Buyer to verify.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1917
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,567 | 1,614 |
| Lot Size | 6,970 | 8,365.125 |
| Price | $2.40M | $1.78M |
| Price per sq ft | $1.5K | $1.1K |
| Built year | 1917 | 1936 |
| HOA | $0 | $0 |
| Days on market | 93 | 43 |
Pricing History
Listed for Sale
Aug 11, 2026
$2,400,000
$2,600,000
-8% Price Drop
Initial Listing
Price Change
Jun 8, 2026
$2,600,000
Initial Listing
Sold
Jun 6, 2023
$2,850,000
Public Record
Sold
Dec 23, 2020
$10,909
Public Record
Sold
May 15, 2015
$1,650,000
Public Record
Sold
Jul 14, 2006
$1,300,000
Public Record