714 W Sola Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 3 bed, 2 bath

714 W Sola Street, SANTA BARBARA, CA 93101 home-pic-0

714 W Sola Street

SANTA BARBARA, CA 93101

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,605Sq Ft
8,712Lot Size

Property Price

LIST PRICE$1,900,000
EST. MARKET VALUE
$1,673,550
13% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$1,673,550
Based on Realkey algorithm analyzing recent comparable sales in SANTA BARBARA.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
714 W Sola Street
Subject
$1,900,000*
List Price
321,605$1,043-
A
1911 Mountain Avenue
Sold
$2,400,000330.6 mi
B
2319 Vista Del Campo
Sold
$1,460,000321,650$8850.9 mi
C
1275 Calle Cerrito
Active
$1,675,000
List Price
321,674$1,0010.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1937, this triplex is described as being in 'reasonably good condition,' which aligns with the 'Fair' criteria for a well-maintained but aged property. While functional and move-in ready, the property analysis highlights 'vintage infrastructure' and compact living spaces, suggesting that the kitchens, bathrooms, and major systems (electrical/plumbing) are likely dated and have not undergone a full modern renovation within the last 15 years.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1605.

  • Income Generation Potential

    The triplex configuration with two currently vacant units offers an exceptional owner-user opportunity to live in the main residence while immediately generating market-rate rental income.

  • Prime Downtown Location

    Situated in Santa Barbara's vibrant Westside, the property boasts high walkability to downtown amenities, local schools, and the beach, ensuring long-term desirability and low vacancy rates.

CONSRISKS & DEFICIENCIES

  • Vintage Infrastructure

    Built in 1937, the property may require significant capital expenditures for updates to aging electrical, plumbing, or structural systems to meet modern standards.

  • Compact Living Spaces

    With only 1,605 total square feet distributed across three separate units, the individual floor plans are likely quite small, which may limit appeal for tenants seeking more spacious accommodations.

About 714 W Sola Street

Versatile Downtown Santa Barbara Triplex - Ideal Owner-User Opportunity. Exceptional opportunity to own a well-located triplex in one of Santa Barbara's most vibrant neighborhoods. Just minutes from downtown, local schools, shopping, restaurants, the beach, and convenient transportation, this property offers flexibility, income potential, and lifestyle all in one. The property features three separate units: 3-bedroom, 2-bath owner's unit, currently vacant and ready for immediate occupancy. 2-bedroom, 1-bath rental unit, currently occupied. 1-bedroom, 1-bath rental unit, currently vacant. All units are in reasonably good condition, offering solid rental potential and comfortable living spaces. 2-car garage plus on-site parking adds practical value for residents and tenants alike. This is an ideal setup for an owner-user seeking to live in the 3-bedroom residence while generating income from the additional units to offset the cost of ownership. Whether you're looking to build long-term equity, create a multi-generational living arrangement, or secure a strategic investment near downtown Santa Barbara, this property delivers flexibility and opportunity. A rare chance to combine lifestyle and income in a prime coastal setting.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1937
Lot Size
8,712 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

SANTA BARBARA Unified Schools

Harding University Partnership

Grades K-6 • 0.3 mi

5/10

Adams Elementary School

Grades K-6 • 1.5 mi

6/10

La Cumbre Junior High School

Grades 7-8 • 0.9 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,6051,267.5
77%
Lot Size8,7124,138.2
90%
Price$1.90M$1.43M
70%
Price per sq ft$1.2K$1.1K
52%
Built year19371930
67%
HOA$0$0
50%
Days on market10184
2%

Pricing History

Listed for Sale

Feb 25, 2026

$1,900,000

Initial Listing

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