535 Alameda Padre Serra, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - bed, bath

535 Alameda Padre Serra, SANTA BARBARA, CA 93103 home-pic-0
ACTIVE$1,950,000/sqft
535 Alameda Padre Serra, SANTA BARBARA, CA 93103
0Bed
0Bath
Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income & Versatility: A duplex with two fully updated units, offering a versatile opportunity for an owner-user, investor, or multi-generational living.
Top Cons:
Shared Coin-Operated Laundry: The property features a shared, coin-operated laundry room, which may be less convenient and desirable than in-unit laundry facilities for residents.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1964 (62 years old).
Condition: Despite being built in 1964, the property has undergone extensive and recent renovations, as evidenced by the 'fully updated units' and 'updated kitchens and bathrooms' mentioned in the description. The images confirm modern white shaker cabinets, stainless steel appliances, contemporary subway tile in the bathroom, and hardwood floors throughout. Dual-pane windows and newer exterior paint further contribute to a move-in ready condition. While the underlying infrastructure might be older and a shared coin-operated laundry is present, the visible living spaces are well-maintained and stylish, meeting current quality standards with minimal wear and tear.
Year Built
1964
Close
-
List price
$1.95M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
25-4161
Home ConditionGood
Features
Excellent View:
Deck
Patio
View-

About this home

Lower Riviera duplex offering a versatile opportunity with two fully updated units and sweeping south-facing views of the ocean, islands, and city skyline from each unit. Located just minutes from downtown this property is ideal for an owner-user or investor with room to add an ADU and enhance long-term value. The lower unit enjoys access to a view deck perfect for relaxing or entertaining. Inside, you'll find wood floors throughout, dual-pane windows with window coverings, and updated kitchens and bathrooms. Additional highlights include newer exterior paint, a shared, coin operated laundry room, and ample parking: each unit has open spaces and one-car garage with generous additional storage. Whether you're looking for a smart investment or a multi-generational living opportunity, this property delivers comfort, convenience, and incredible Santa Barbara views!

G
Gregoire & Real Estate Group
Listing Agent

Price History

Date
Event
Price
07/06/15
Sold
$1,091,000
Condition Rating
Good

Despite being built in 1964, the property has undergone extensive and recent renovations, as evidenced by the 'fully updated units' and 'updated kitchens and bathrooms' mentioned in the description. The images confirm modern white shaker cabinets, stainless steel appliances, contemporary subway tile in the bathroom, and hardwood floors throughout. Dual-pane windows and newer exterior paint further contribute to a move-in ready condition. While the underlying infrastructure might be older and a shared coin-operated laundry is present, the visible living spaces are well-maintained and stylish, meeting current quality standards with minimal wear and tear.
Pros & Cons

Pros

Income & Versatility: A duplex with two fully updated units, offering a versatile opportunity for an owner-user, investor, or multi-generational living.
Panoramic Views: Sweeping south-facing views of the ocean, islands, and city skyline are available from each unit, significantly enhancing appeal and value.
Prime Location: Situated in the desirable Lower Riviera subdivision, the property is just minutes from downtown Santa Barbara, offering convenience and prestige.
Updated Condition: Both units feature updated kitchens and bathrooms, wood floors, dual-pane windows, and newer exterior paint, minimizing immediate renovation needs.
ADU Potential & Value Add: There is room to add an Accessory Dwelling Unit (ADU), providing a clear path to enhance long-term value and potential rental income.

Cons

Shared Coin-Operated Laundry: The property features a shared, coin-operated laundry room, which may be less convenient and desirable than in-unit laundry facilities for residents.
Age of Property: Built in 1964, while cosmetically updated, the underlying infrastructure may be older, potentially requiring future maintenance or upgrades not covered by recent renovations.
Lack of Explicit Cooling System: The description does not mention a cooling system (e.g., air conditioning), which could be a drawback during warmer months in Santa Barbara.
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