801 W Sola Street, Santa Barbara, CA 93101, Santa Barbara, 93101 - 0 bed, 0 bath
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801 W Sola Street
Santa Barbara, CA 93101
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
1,022Sq Ft
4,791Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,711,284
SUMMARY
This Dual-Residence Income Property is a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,711,284 Fair Market Value by 0.95%. This valuation gap offers $16,284 in Instant Equity. Featuring a Mint Condition Rating with comprehensive system upgrades and a modern ADU, the property provides immediate rental utility. With a Patio and prime Westside location, it offers a stable, turnkey asset for Buy-and-Hold Investors or Owner-Occupants seeking a flexible live-and-invest setup.
Estimated Market Value
$1,711,284
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 801 W Sola Street Subject | $1,695,000* List Price | 0 | 0 | 1,022 | $1,674 | - |
A 1318 Kowalski Avenue Active | $2,195,000 List Price | 0 | 0 | 1,385 | $1,585 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although originally built in 1925, the property has undergone a comprehensive recent renovation of all major systems including the foundation, roof, electrical, plumbing, and heating. The interior features a remodeled kitchen with modern shaker cabinets and stone countertops, updated bathrooms, and newer flooring throughout, qualifying it as a mint-condition, move-in ready investment with a modern ADU.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
The property features two separate residences, including a modern 2-bedroom ADU, providing exceptional flexibility for rental income, multigenerational living, or a live-and-invest strategy.
- Extensive Modern Upgrades
The main home has undergone significant capital improvements, including a newer roof, foundation, electrical, plumbing, and HVAC systems, minimizing immediate maintenance requirements for the buyer.
- Prime Santa Barbara Location
Situated in the desirable Westside neighborhood, the property offers high walkability and proximity to downtown, beaches, and parks, ensuring strong long-term demand and value retention.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1022, other record living area = 984.
- High Price Per Square Foot
With a list price of $1.695M for 1,022 square feet, the property carries a high cost per square foot that may be a barrier for value-conscious buyers or appraisal valuations.
- Compact Living Spaces
The total square footage is divided between two separate 2-bedroom units, resulting in very small individual living areas and bedrooms that may feel cramped for some residents.
About 801 W Sola Street
Welcome to 801 W. Sola Street, a versatile Westside property featuring two separate residences and exceptional flexibility. The updated 2-bedroom, 1-bath main home offers an open floor plan, remodeled kitchen and laundry, updated bath, newer flooring, windows, roof, foundation, electrical, plumbing, heating and more. A spacious 2-bedroom, 1.5-bath ADU provides private living quarters with its own kitchen, living/dining area, utilities, tankless water heater and separate electrical panel. Gated access, a custom wrought-iron fence, carport, paver-lined front garden and exterior improvements complete the property. Conveniently located near downtown, beaches, parks, schools and dining, this is an ideal opportunity for multigenerational living, rental income or a flexible live-and-invest setup.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1925
- Lot Size
- 4,791 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,022 | 1,614 |
| Lot Size | 4,791 | 8,365.125 |
| Price | $1.70M | $1.78M |
| Price per sq ft | $1.7K | $1.1K |
| Built year | 1925 | 1936 |
| HOA | $0 | $0 |
| Days on market | 23 | 43 |
Pricing History
Listed for Sale
Aug 17, 2026
$1,695,000
Initial Listing