834 W Valerio Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 4 bed, 2 bath
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SANTA BARBARA, CA 93101
This Value-Add Spanish-Style Fixer represents a strategic acquisition with a List Price of $1,339,000, offering a stable entry point at its $1,332,567 Fair Market Value. Currently holding a Condition Score of 4, the 1926 residence provides significant expansion potential through its Detached Casita and Spacious Corner Lot with room for a future ADU. Proximity to Harding University Partnership School and recent neighborhood traffic-calming improvements ensure long-term desirability. This is an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking multi-generational living or rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 834 W Valerio Street Subject | $1,590,000 | 4 | 2 | 925 | $1,441 | - |
A 1425 Robbins Street Sold | $1,300,000 | 3 | 2 | 1,021 | $1,273 | 0.3 mi |
B 1411 Gillespie Street Sold | $1,146,000 | 2 | 1 | 850 | $1,348 | 0.3 mi |
C 1564 W Valerio Street Sold | $1,665,000 | 2 | 2 | 973 | $1,711 | 0.7 mi |
D 25 Lorinda Place Sold | $1,397,000 | 2 | 1 | 898 | $1,556 | 0.4 mi |
E 1425 Robbins Street Active | $1,389,000 List Price | 2 | 1 | 1,021 | $1,360 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1926 Spanish-style home is a well-maintained 'fixer' that remains functional but is aesthetically and technologically outdated. While it features recent interior paint and dual-pane windows, the kitchen and bathrooms reflect mid-century standards with older cabinetry, tile, and flooring. It requires modernization but does not appear to have major structural defects.
The property features a detached one-bedroom casita and a spacious corner lot with room for a potential ADU, offering excellent flexibility for rental income or multi-generational living.
Held by the same family for a century, this 1926 Spanish-style home retains its original character and represents a rare 'first time on market' opportunity in a desirable Santa Barbara neighborhood.
Benefiting from the Westside Community Paseos Project, the property enjoys a calmer, more peaceful street environment with enhanced landscaping and traffic management.
Explicitly listed as a fixer-upper, the property requires substantial updates and modernization to meet contemporary standards, necessitating a significant post-purchase investment.
With only 925 square feet of living space distributed across four bedrooms, the interior layout is likely very compact, which may feel restrictive for modern lifestyle needs.
One family has cared for this home for the past 100 years. This west-side Spanish-style fixer sits proudly on a spacious corner lot and offers timeless charm with endless potential. The main home features three bedrooms and one bathroom, a welcoming living room, and a dining area that opens to the kitchen — ideal for everyday living and gatherings. A detached one-bedroom, one-bathroom casita, converted in the mid-1950s, provides excellent flexibility — perfect for guests, extended family, or potential rental income. The expansive lot is graced with mature grapevines, fruit trees, and an additional storage building, offering room to garden, entertain, or even explore the possibility of adding another ADU in the future (buyer to verify). Dual pane windows, newer heat & air in the casita, and all new interior paint. Recently enhanced by the Westside Community Paseos Project, the street now benefits from a landscaped traffic diverter, making the area calmer and peaceful. While the property is ready for updates, opportunities like this are rare. Close to parks, schools, and shopping, this is a truly special chance to restore and re-imagine a classic home that's never before been on the market.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades K-6 • 1.2 mi
Grades 7-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 88% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 925 | 1,213 | 22% |
| Lot Size | 5,662.8 | 4,791.6 | 61% |
| Price | $1.59M | $1.50M | 51% |
| Price per sq ft | $1.7K | $1.1K | 88% |
| Built year | 1926 | 1930 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 140 | 197 | 31% |
Jan 29, 2026
$1,339,000
$1,389,000
-4% Price Drop
Initial Listing
Dec 3, 2025
$1,389,000
Initial Listing