2641 State Street 2, SANTA BARBARA, CA 93105, SANTA BARBARA, 93105 - 3 bed, 2 bath

2641 State Street 2
SANTA BARBARA, CA 93105
Property Price
SUMMARY
Analysis of 2641 State Street 2, SANTA BARBARA, CA 93105 is currently available with a list price of $1,185,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1962, this condo features a beautifully updated, modern kitchen with quartz countertops, stainless steel appliances, and new cabinetry. The living areas and bedrooms also benefit from refinished hardwood floors and recessed lighting, presenting a clean and contemporary aesthetic. However, both bathrooms are significantly outdated with original or very old tile and fixtures (peach/salmon and light blue/grey), which would require substantial renovation to match the modern style of the kitchen. Additionally, the property lacks air conditioning, a notable functional deficiency. While well-maintained, the mix of modern updates and dated elements, particularly the bathrooms and absence of AC, places it in the 'Fair' category, indicating it requires more than minor updates to achieve a cohesive, modern standard throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Size & Layout
Boasting a rare 1,919 square feet for a 3BD/2BA condo, this property offers a spacious, open, and sun-drenched floor plan, providing ample living space.
- Prime Location & Community Amenities
Strategically located near downtown Santa Barbara, the Mission, shopping, dining, and within the desirable Peabody School attendance area. The unit itself is well-positioned within the complex, removed from State St. and facing meticulously landscaped grounds and the pool.
- Modern Updates & Desirable Features
The condo features an updated kitchen with quartz countertops and stainless appliances, refinished original hardwood floors, recessed lighting, in-unit laundry, a private patio, and a dedicated garage space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1529. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1919, other record living area = 1652.
- High Association Fee
The monthly association fee of $1,171, while comprehensive, represents a significant ongoing cost that could impact affordability and long-term expenses.
- Lack of Air Conditioning
There is no mention of a cooling system (AC) in the property description, which could be a drawback and lead to discomfort during Santa Barbara's warmer periods.
About 2641 State Street 2
This spacious, ground level 3BD/2BA condo boasts a rare 1,919 square feet and permitted, in-unit laundry. The unit enjoys one of the best locations in Villa Constance North - sitting removed from State St. and facing meticulously landscaped grounds surrounding the pool. An expansive floor plan features an open, sun-drenched living room and dining area, leading to a private patio perfect for basking in SB's eternal summer. The updated kitchen provides a modern touch, blending functionality and style with quartz countertops, a stainless apron sink, and all stainless appliances. A spacious, en-suite primary bedroom features a walk-in closet, while two additional bedrooms offer ample closet space, providing flexibility for the new owner. Refinished original hardwood floors, shutters, recessed lighting, a linen closet, an abundance of natural light, and a garage space further enhance the home's appeal. Units can be rented by owners. Take advantage of being minutes to De La Vina corridor, the Mission, iconic downtown SB, and all that upper State Street offers. Located in the Peabody School attendance area. Near schools, parks, shopping, restaurants, coffee shops, and hospitals. Association fee includes all utilities: gas, electric, water, trash, insurance, maintenance, and pool.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1962
- Lot Size
- 1,742.4 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1171 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,919 | 1,425.5 | 82% |
| Lot Size | 1,742.4 | - | 75% |
| Price | $1.19M | $1.10M | 57% |
| Price per sq ft | $618 | $757 | 21% |
| Built year | 1962 | 1973 | 14% |
| HOA | $1171 | $605 | 82% |
| Days on market | 279 | 242 | 64% |
Pricing History
Listed for Sale
Jun 1, 2025
$1,185,000
Initial Listing
Sold
Apr 12, 2017
$743,500
Public Record
Sold
Jul 16, 2008
$583,500
Public Record

























