1917 Bath Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 0 bed, 0 bath
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SANTA BARBARA, CA 93101
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.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1917 Bath Street Subject | $2,600,000* List Price | 0 | 0 | 1,567 | $1,668 | - |
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.
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.
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.
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.
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.
As a century-old property built in 1917, it may require substantial ongoing maintenance or costly updates to aging electrical, plumbing, and structural systems.
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.
Great opportunity to own a spacious charming vintage 3/2 home in a desirable location with wood floors, formal dining room, built in cabinetry. Complete with two additional units , one with two bedrooms! The other unit is a large studio...both help offset the cost of homeownership. Each unit has a garage, providing convenience and value for tenants and owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,567 | - |
| Lot Size | 6,970 | - |
| Price | $2.60M | $2.13M |
| Price per sq ft | $1.7K | $813 |
| Built year | 1917 | 0 |
| HOA | $0 | $0 |
| Days on market | 45 | 47 |
Jun 8, 2026
$2,600,000
Initial Listing
Jun 6, 2023
$2,850,000
Public Record
Dec 23, 2020
$10,909
Public Record
May 15, 2015
$1,650,000
Public Record
Jul 14, 2006
$1,300,000
Public Record