208 S Voluntario Street, Santa Barbara, CA 93103, Santa Barbara, 93103 - 3 bed, 3 bath
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208 S Voluntario Street
Santa Barbara, CA 93103
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,760Sq Ft
3,920Lot Size
Property Price
LIST PRICE$1,445,000
EST. MARKET VALUE
$1,388,448
4% AboveMARKET VALUE
SUMMARY
This High-Potential Investment Opportunity is a Residential Income asset listed at $1,445,000, positioned slightly above the $1,388,448 Fair Market Value. Featuring a Turnkey Condition Rating with high-end renovations, this property offers a versatile unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio. Its prime Eastside location near the Funk Zone ensures strong rental demand. While the current single-family zoning requires due diligence, the property’s modern finishes and private outdoor deck space make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Estimated Market Value
$1,388,448
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 |
|---|---|---|---|---|---|---|
★ 208 S Voluntario Street Subject 3 bd · 3 ba · 1,760 sqft · $789 | $1,445,000* List Price | 3 | 3 | 1,760 | $789 | - |
A 133-135 Juana Maria Pending 0 bd · 0 ba · 1,940 sqft · $714 · 0.4 mi | $1,385,000 List Price | 0 | 0 | 1,940 | $714 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property is described as completely remodeled throughout with all new appliances, fixtures, and hardwood floors. Visuals confirm a turnkey presentation with fresh paint, new landscaping, and modern interior finishes, fitting the criteria for a high-end renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
Situated in Santa Barbara's desirable Eastside, the property offers exceptional proximity to the beach, Downtown, and the popular Funk Zone, ensuring high tenant demand and long-term value.
- Turnkey Remodeled Condition
The property is completely renovated with high-end finishes like hardwood floors and custom built-ins, offering a move-in-ready experience that minimizes immediate capital expenditure for a new owner.
- Flexible Income Potential
With a diverse unit mix of a 2BD/1BA, 1BD/1BA, and a studio, the property provides versatile options for either a multi-stream investment or an owner-user looking to offset their mortgage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Zoning and Permitting Risks
The property is currently zoned as a single-family residence despite having three units, requiring significant due diligence regarding legal use, permitting, and compliance with local rent control ordinances.
- Limited Lot Size
The 3,920-square-foot lot is relatively compact for a multi-unit configuration, which may restrict outdoor amenities, parking availability, or future expansion possibilities.
About 208 S Voluntario Street
208 S. Voluntario is a quintessential California cottage offering a prime investment opportunity on Santa Barbara's desirable Eastside, just moments from the beach, Downtown, and the vibrant Funk Zone.The property features three units with an ideal unit mix of (1) 2BD/1BA, (1) 1BD/1BA, and (1) studio--well suited for both investors and owner-users. Completely remodeled throughout, the units offer hardwood floors, custom built-ins, skylights, and all new appliances and fixtures. Each unit also includes its own private outdoor space.The exterior has been freshly repainted and enhanced with new landscaping, creating strong curb appeal and a turnkey presentation.Current property zoning is for a single family residence. Buyer to complete their own due diligence regarding permitting and Santa Barbara's rent control ordinance.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 0
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
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 | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,760 | 1,517.75 |
| Lot Size | 3,920 | 6,905.063 |
| Price | $1.45M | $1.98M |
| Price per sq ft | $821 | $1.2K |
| Built year | 0 | 1955 |
| HOA | $0 | $0 |
| Days on market | 12 | 69 |
Pricing History
Listed for Sale
Oct 12, 2026
$1,445,000
Initial Listing
Sold
Nov 15, 2022
$910,000
Public Record