706-708 E Haley Street, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - bed, bath
706-708 E Haley Street
SANTA BARBARA, CA 93103
Property Price
SUMMARY
Analysis of 706-708 E Haley Street, SANTA BARBARA, CA 93103 is currently available with a list price of $3,325,000. 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.
The property was fully rebuilt in 2016 and expanded with a new building in 2023, placing it well within the 10-year window for excellent condition. It features modern design, high-end finishes, stainless steel appliances, designer lighting, and contemporary systems with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Low Maintenance
Fully rebuilt in 2016 with an additional building added in 2023, this property features contemporary systems, energy-efficient LED lighting, and modern finishes, significantly reducing the risk of near-term capital expenditures.
- Diversified Income Stream
The mixed-use configuration of three commercial suites and five upscale apartments provides a balanced investment portfolio, mitigating risk by spreading income across both residential and commercial sectors.
- High-End Residential Finishes
The residential units are equipped with premium amenities including designer lighting, stainless steel appliances, in-unit laundry, and private patios, ensuring high tenant retention and competitive rental rates in the Santa Barbara market.
CONSRISKS & DEFICIENCIES
- Significant Parking Deficit
With only three one-car garages serving a total of eight units (five residential and three commercial), the property has a notable lack of parking which may limit tenant appeal and commercial accessibility.
- Immediate Lease-Up Risk
The possibility of the property being delivered partially vacant at closing introduces immediate carrying costs and the requirement for the new owner to manage lease-up efforts from day one.
About 706-708 E Haley Street
Fully rebuilt, three-building mixed-use property featuring three commercial suites, five upscale apartments, and three one-car garages. Reconstructed in 2016, with an additional freestanding commercial building added in 2023, the property offers modern design and quality finishes throughout. Residential units include designer lighting, stainless steel appliances, in-unit washer/dryers, and laminate flooring, plus access to a shared patio with BBQ; three units have private patios. Commercial spaces feature exposed truss ceilings, metal HVAC ducting, LED lighting, and flexible office layouts. The property may be delivered fully leased or partially vacant at closing.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 2016
- Lot Size
- 10,800 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,487 | 1,992.5 | 88% |
| Lot Size | 10,800 | 5,227 | 88% |
| Price | $3.33M | $3.06M | 88% |
| Price per sq ft | $741 | $977 | 38% |
| Built year | 2016 | 1918 | 88% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 132 | 13% |
Pricing History
Listed for Sale
Feb 19, 2026
$3,325,000
Initial Listing