2019 Bath Street, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 0 bed, 0 bath
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SANTA BARBARA, CA 93105
Analysis of 2019 Bath Street, SANTA BARBARA, CA 93105 is currently available with a list price of $2,100,000. 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.
Property is moderate renovation needed.
The property is a functional multi-unit residential income building that shows clear signs of its age, likely dating back to the 1960s or 70s. While some rooms have been updated with laminate flooring, the kitchens remain dated with white tile countertops, older cabinetry, and electric coil stoves. The presence of popcorn ceilings throughout and older carpeting in living areas indicates a need for cosmetic modernization. The property is well-maintained and livable but requires updates to meet contemporary quality standards.
Situated directly next to Cottage Hospital, the property commands high demand from medical professionals and staff, ensuring a stable tenant base and consistently low vacancy rates.
The property offers a compelling opportunity to increase density and rental income through the potential addition of Accessory Dwelling Units (ADUs) on the 8,712 sq ft lot.
Equipped with a shared laundry room and covered carport parking, the building provides high-priority conveniences that enhance tenant satisfaction and long-term retention.
With only two covered carports for four units, the property lacks a 1:1 parking ratio, which may be a competitive disadvantage for tenants with multiple vehicles.
At a $2.1M list price, the property likely offers a compressed entry-level cap rate typical of Santa Barbara, requiring additional capital investment in ADUs to realize significant upside.
Located next to Cottage Hospital in Santa Barbara, 2019 Bath Street is a well-positioned four-unit apartment building offering a desirable unit mix and strong long-term investment potential. The property provides tenants with convenient on-site amenities including two covered carports and a shared laundry room. In addition to its current income, the property presents a compelling value-add opportunity with the potential to add ADUs, allowing a future owner to increase both rental income and overall property value. With its proximity to Cottage Hospital and consistent demand for housing in Santa Barbara, 2019 Bath Street represents an attractive opportunity for investors seeking stable income with future upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | - | 955 | 45% |
| Lot Size | 8,712 | 9,147 | 45% |
| Price | $2.10M | $1.71M | 64% |
| Price per sq ft | $0 | $699 | 45% |
| Built year | 0 | 1952 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 157 | 9% |
Mar 25, 2026
$2,100,000
Initial Listing
Jan 3, 2020
$1,747,000
Public Record
May 30, 2003
$1,120,000
Public Record
Aug 2, 2000
$835,000
Public Record
May 6, 1999
$550,000
Public Record