3737 San Remo Drive, Santa Barbara, CA 93105, Santa Barbara, 93105 - bed, bath

3737 San Remo Drive, Santa Barbara, CA 93105 home-pic-0

3737 San Remo Drive

Santa Barbara, CA 93105

ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,116Sq Ft
5,227Lot Size

Property Price

LIST PRICE$1,825,000

SUMMARY

Analysis of 3737 San Remo Drive, Santa Barbara, CA 93105 is currently available with a list price of $1,825,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

Good
TeardownExcellent

Property is move-in ready.

Built in 1966, this duplex has undergone significant and relatively recent updates, making it move-in ready. Key improvements include Milgard dual-pane windows installed in 2018, newer wood-like laminate flooring throughout, and updated bathrooms with modern vanities, subway tile showers, and contemporary fixtures. The 2-bedroom unit features a more recently updated kitchen with white cabinets, white countertops, and newer stainless steel appliances (refrigerator and dishwasher). While the 3-bedroom unit's kitchen cabinets and countertops appear more dated, its appliances are also newer. The property shows evidence of proactive maintenance and care, aligning with the 'Good' condition criteria of being extensively renovated within the last 5-15 years and having well-maintained systems with minimal wear and tear.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Location & School District

    Located in the highly sought-after San Roque neighborhood and within the desirable Hope/La Colina school district, offering proximity to uptown Santa Barbara's shopping, financial services, and restaurants.

  • Strong Income Potential & Occupancy Flexibility

    As a duplex, it offers immediate income from one unit and the second unit is delivered vacant, providing flexibility for an owner-occupant, dual-family purchase, or an investor to set market-rate rent.

  • Proactive Maintenance & Recent Updates

    The property is well-maintained with proactive updates including newer wood-like laminate flooring, Milgard dual-pane windows (2018), and recent roof repairs (2025) and driveway slurry coat.

CONSRISKS & DEFICIENCIES

  • Below-Market Rent for Occupied Unit

    The 3BD unit is currently rented approximately 15% below market value, indicating an immediate opportunity cost for income maximization.

  • Age of Property

    Built in 1966, the property's age, despite updates, may suggest potential for future maintenance or replacement of older infrastructure components not explicitly mentioned.

  • Upcoming Scheduled Maintenance

    While proactive, the mention of 'roof repairs (2025)' indicates a scheduled future expense that the new owner will need to manage.

About 3737 San Remo Drive

Well-maintained and lovingly cared for San Roque duplex, owned by the same family for over 48 years. This turnkey property features a ground-floor, single-level 3BD/2BA unit totaling 1,244 SF, and a second-floor 2BD/2BA unit totaling 872 SF (delivered vacant) — an ideal opportunity for an owner-occupant, dual-family purchase, or investor seeking quality units. The 3BD unit offers direct access to a one-car garage, while both units enjoy panoramic mountain views, newer appliances (new refrigerator and dishwasher in 2BD unit), individual washer/dryer for each unit (3BD laundry is in-unit and 2BD laundry is in the garage), private locked storage rooms outside of the units, and off-street covered parking. Ownership has been proactive with maintenance/updates, including newer wood-like laminate flooring, Milgard dual-pane windows (2018), roof repairs (2025), and a new slurry coat to the driveway. The 3BD unit is currently rented at $4,150/month (approximately 15% below market), with tenants paying their own utilities1 (the 2BD unit is currently vacant). This is one of the best values in Santa Barbara — offering over 2,100 SF of living space in the sought after San Roque neighborhood and Hope/La Colina school district, just moments from uptown Santa Barbara’s shopping, financial services, and restaurants.

Property Details

Public Facts

Property Type
Duplex
Year Built
1966
Lot Size
5,227 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds--
50%
Baths--
50%
Square foot2,116996.5
70%
Lot Size5,2278,711.7
20%
Price$1.82M$1.77M
50%
Price per sq ft$862$725
60%
Built year19661959
80%
HOA$0$0
50%
Days on market135133
60%

Pricing History

Listed for Sale

Oct 23, 2025

$1,825,000

Initial Listing

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