522 W Victoria Street B, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 1 bed, 1 bath

522 W Victoria Street B, SANTA BARBARA, CA 93101 home-pic-0
ACTIVE$715,000$927/sqft
522 W Victoria Street B, SANTA BARBARA, CA 93101
1Bed
1Bath
927Sqft
435.6Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Santa Barbara Location: Situated in a desirable Westside neighborhood of Santa Barbara, offering inherent value and appeal in a high-demand market.
Top Cons:
Extensive Renovation Required: The property is in original condition and explicitly marketed as an 'as-is' sale, indicating a need for significant investment in renovation and modernization.

Compared to the nearby listings

Price:$715.0K vs avg $1.34M ($-622,500)15%
Size:927 sqft vs avg 1,098 sqft40%
Price/sqft:$771 vs avg $86545%

More Insights

Built in 1981 (45 years old).
Condition: Built in 1981, the property is explicitly described as being in 'original condition' and a 'blank canvas for renovation.' The kitchen features dated wood cabinets, basic white countertops, and older appliances. The bathroom also shows original, outdated fixtures, vanity, and a fiberglass tub insert. While the flooring appears to be a more recent wood-look tile/laminate and walls are freshly painted, the core components of the kitchen and bathroom require substantial modernization, aligning with the 'fair' category's description of an aged home with functional but outdated major components that require significant updates.
Year Built
1981
Close
-
List price
$715K
Original List price
-
Price/Sqft
$771
HOA
$690
Days on market
-
Sold On
-
MLS number
25-4139
Home ConditionFair
Features
Deck
Patio
View-

About this home

Discover a true value-add opportunity perfect for contractors, investors, and handy do-it-yourselfers. This private 1-bedroom, 1-bath Westside condo is nestled within a small, gated community of just six units, built in 1981. The interior is in original condition and ready for updating—an ideal blank canvas for renovation, modernization, or a complete reimagining. The open living area extends to a small patio, and the primary suite includes a cozy nook perfect for a home office, reading area, or creative space. An attached one-car garage provides secure parking and added storage, a valuable amenity in this neighborhood. To be sold as-is, this property presents a fantastic opportunity to add value, create sweat equity, or design a custom retreat to call home.

T
Terri Dimond
Listing Agent

Nearby schools

5/10
Harding University Partnership
Public,K-60.5mi
6/10
Adams Elementary School
Public,K-61.6mi
5/10
La Cumbre Junior High School
Public,7-81.0mi
7/10
San Marcos Senior High School
Public,9-124.4mi
Condition Rating
Fair

Built in 1981, the property is explicitly described as being in 'original condition' and a 'blank canvas for renovation.' The kitchen features dated wood cabinets, basic white countertops, and older appliances. The bathroom also shows original, outdated fixtures, vanity, and a fiberglass tub insert. While the flooring appears to be a more recent wood-look tile/laminate and walls are freshly painted, the core components of the kitchen and bathroom require substantial modernization, aligning with the 'fair' category's description of an aged home with functional but outdated major components that require significant updates.
Pros & Cons

Pros

Prime Santa Barbara Location: Situated in a desirable Westside neighborhood of Santa Barbara, offering inherent value and appeal in a high-demand market.
Significant Value-Add Potential: Described as a 'blank canvas' in original condition, presenting an excellent opportunity for renovation, modernization, and building sweat equity for investors or DIYers.
Private Gated Community: Located within a small, exclusive gated community of only six units, providing enhanced security, privacy, and a sense of community.
Attached Garage & Storage: Features a valuable attached one-car garage, offering secure parking and additional storage space, a significant amenity in this neighborhood.
Flexible Interior Space: The primary suite includes a versatile nook, ideal for a home office, reading area, or creative space, adding functional value to the compact layout.

Cons

Extensive Renovation Required: The property is in original condition and explicitly marketed as an 'as-is' sale, indicating a need for significant investment in renovation and modernization.
Limited Layout (1 Bed/1 Bath): The 1-bedroom, 1-bathroom configuration restricts the target market primarily to singles or couples, potentially limiting resale appeal compared to larger units.
High Monthly Association Fee: A substantial monthly association fee of $690 could be a significant ongoing cost, impacting affordability and overall investment returns.
Browse Properties by State Browse housing market trends by state