325 Ladera Street 5, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 2 bed, 2 bath
325 Ladera Street 5
SANTA BARBARA, CA 93101
Property Price
SUMMARY
Analysis of 325 Ladera Street 5, SANTA BARBARA, CA 93101 is currently available with a list price of $995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1987, the property has undergone an extensive recent renovation that brings it up to modern standards. The kitchen features contemporary white shaker cabinetry, quartz countertops with a breakfast bar, and high-end stainless steel appliances. The interior boasts vaulted ceilings, recessed lighting, and updated luxury vinyl plank flooring throughout. The bathrooms are modernized, and the inclusion of high-efficiency LG laundry appliances and updated fixtures indicates a high level of maintenance and recent capital improvement, making it fully move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location
The property is ideally situated near Santa Barbara's Yacht Harbor and West Beach, offering high desirability for coastal lifestyle enthusiasts and strong rental potential.
- Turn-key Interior
Featuring an updated kitchen and modernized bathrooms, the unit is move-in ready, reducing the need for immediate post-purchase renovation capital.
- Superior Parking Assets
The inclusion of both a detached garage and a dedicated uncovered parking space is a rare and valuable commodity in the high-density West Beach area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1306, other record lot size in square feet = 1081.
- High Monthly Carrying Costs
The $700 monthly association fee is substantial and may impact the overall affordability and financing qualification for some buyers.
- Aging Infrastructure
Built in 1987, the complex may face upcoming capital improvement projects or lack the energy-efficient features found in more modern constructions.
About 325 Ladera Street 5
Tucked away on a quiet cul de sac, this cozy unit is situated in the Woodside Condo complex. Updated kitchen and baths and high ceilings make this a delightful place to call home. The private balcony is perfect for casual entertaining and BBQ's. Detached garage and a dedicated uncovered parking space in front of the unit makes for convenient parking. Convenient to Santa Barbara's beautiful Yacht Harbor, West Beach and Santa Barbara City College. Would be great housing for a SBCC student or second home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- 1,306.8 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $700 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,090 | 1,575.5 | 27% |
| Lot Size | 1,306.8 | 217.8 | 80% |
| Price | $995.0K | $1.65M | 27% |
| Price per sq ft | $913 | $973 | 40% |
| Built year | 1987 | 2003 | 33% |
| HOA | $700 | $612 | 67% |
| Days on market | 269 | 185 | 77% |
Pricing History
Listed for Sale
Feb 3, 2026
$995,000
$1,020,000
-2% Price Drop
Initial Listing
Price Change
Jun 11, 2025
$1,020,000
Initial Listing
Sold
Feb 7, 2024
$975,000
Public Record
Sold
Dec 2, 2020
$655,000
Public Record
Sold
Oct 6, 2017
$547,000
Public Record
Sold
Oct 3, 2002
$410,000
Public Record
Sold
Jul 1, 1998
$182,500
Public Record