2430 Fletcher Avenue, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 2 bed, 1 bath
2430 Fletcher Avenue
SANTA BARBARA, CA 93105
Property Price
SUMMARY
Analysis of 2430 Fletcher Avenue, SANTA BARBARA, CA 93105 is currently available with a list price of $1,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1915, this property exhibits significant deferred maintenance and is being marketed primarily for its land value and R-3 zoning potential. The listing description explicitly states the interior requires renovation and is suitable for buyers prepared for a major project. Exterior images show an aged structure with an unkept yard and signs of neglect, fitting the criteria for a property requiring substantial rehabilitation.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Location
Situated in the highly desirable Oak Park / Cottage Hospital district, offering excellent proximity to major medical facilities and downtown Santa Barbara.
- R-3 Zoning Potential
The R-3 zoning designation provides significant upside for investors or developers, allowing for potential multi-unit development or increased density.
- High Investment Value
Offered primarily for its land value and long-term potential, this property represents a rare entry point into a premium Santa Barbara neighborhood.
CONSRISKS & DEFICIENCIES
- Significant Deferred Maintenance
The interior condition requires extensive renovation and is only suitable for buyers prepared for a major construction project.
- Limited Living Space
At only 688 square feet, the current structure is very small, which may necessitate a costly expansion to meet modern living standards.
- High Price Per Square Foot
The list price reflects the land and zoning value rather than the structure, resulting in a high cost-basis for the existing square footage.
About 2430 Fletcher Avenue
Opportunity in Santa Barbara's Oak Park / Cottage Hospital district. This 2BD/1BA home sits on an R-3 lot and is offered primarily for its location, zoning, and long-term potential. Interior condition reflects deferred maintenance and is suitable for buyers prepared to renovate. Drone photography and floor plan available. Showings by appointment only.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1915
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 15% |
| Baths | 1.0 | 3.0 | 6% |
| Square foot | 688 | 1,935 | 3% |
| Lot Size | 4,356 | 10,018.8 | 17% |
| Price | $1.25M | $2.10M | 20% |
| Price per sq ft | $1.8K | $1.1K | 95% |
| Built year | 1915 | 1959 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 192 | 4% |
Pricing History
Listed for Sale
Feb 1, 2026
$1,250,000
Initial Listing