524 East Arrellaga Street

Santa Barbara, CA 93103

$3,850,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This 6-unit apartment complex is Ideally located in the beautiful upper-east side of Santa Barbara. Unit mix features (3) 2BD/1BA, (2) 1BD/1BA, and (1) 1BD/1BA + Den. The units are spread out over three buildings with a large Victorian style apartment building and two stand alone cottages with multiple units offering fantastic ocean views. There are also six garage spaces and outdoor patios/decks. Beginning in 2017, the property underwent extensive renovations, including a new foundation, new roof,...

Property Details for 524 East Arrellaga Street

Zoning
R-3
Cross Street
Olive
Recurring Fees
No

Property Details for 524 East Arrellaga Street

StatusPending - Continue to Show
MLS #20-4501
Days on Market29
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1935
Lot Size0.24 AC / 10,454 SF
CountySanta Barbara County

Listing Agent

Jonathan P Standring

Beachside Partners

jon@beachsidepartners.com

P: (805) 626-0112

M: (805) 453-5097

DRE #01893163

Contact Agent(s)

Location

Listing Courtesy of Beachside Partners, Jonathan P Standring, DRE #01893163; Beachside Partners, John Koskinen, DRE #02036512

Building Information for 524 East Arrellaga Street

Stories-Residences6Year Built1935Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$12,902 per month

30 year fixed, 2.95% Interest

Principal and Interest

$12,902

Property Taxes

HOA Dues

$0

Property Information for 524 East Arrellaga Street

Details
    Features
  • District: 15 - SB/EAST OF STATE
  • Property Type: Multi-Family
  • Amenities: Deck, Dishwasher, Fncd All, Patio
  • Floor Window Coverings: Hardwood, Tile, Wood/Laminate
  • Laundry: Unit
    Parking/Garage
  • Parking Info: Garages
    Miscellaneous
  • Num Of Refrigerators: 6
  • Num Of Stoves: 6
  • Parking Spaces: 6
Location Info
    Location Info
  • Proximity: Near Bus, Near Hospital, Near Park(s), Near School(s), Near Shopping
    Neighborhood/Schools
  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Junior High School: S.B. Jr.
Property / Assessor Information
    Property / Assessor Info
  • Apx Num Of Acres: 0
  • Apx Lot SqFt: 10454
  • Condition: Excellent, Good
  • Foundation: Mixed
  • Total # Units: 6
  • Year Built: 1935
    Utility Info
  • Heating/Cooling: Wall
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
Income / Expense Info
    Income / Expense Info
  • Total Monthly Income: $17,066
Unit Info
    Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 1
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 1
  • Unit 1Monthly Total: $2,895
  • Unit 1Rent: $2,895
Contract Info
    Contract Info
  • Deposit: 3
  • Terms: Cash, Ctnl

Property History for 524 E Arrellaga St

DateEvent & SourcePriceAppreciation
Dec 16, 2020

Pending - Continue to Show

SBMLS #20-4501

Nov 18, 2020

Listed (Active)

SBMLS #20-4501

$3,850,000
Dec 26, 2014

Sold (Public Record)

Public Record #485281944

$1,900,100
DateEvent & SourcePrice
12/16/2020

Pending - Continue to Show

SBMLS #20-4501

11/18/2020

Listed (Active)

SBMLS #20-4501

$3,850,000
12/26/2014

Sold (Public Record)

Public Record #485281944

$1,900,100

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 524 East Arrellaga Street

Taxable ValueLand$1,263,777Additions$824,201Total$2,087,978
Tax Record2020$22,139 ($1,845 / month)
Home Facts
Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN027260030

Schools near 524 East Arrellaga Street


SchoolTypeGradesDistanceRating
The Knox School Of Santa BarbaraPrivateK-80.4 mi
NR
Orca SchoolPrivate2-30.4 mi
NR
Roosevelt Elementary SchoolPublicK-60.5 mi
5
Notre Dame SchoolPrivatePK-80.5 mi
NR

The Knox School Of Santa Barbara

K-8, 0.4 mi, Private

NR

Orca School

2-3, 0.4 mi, Private

NR

Roosevelt Elementary School

K-6, 0.5 mi, Public

5

Notre Dame School

PK-8, 0.5 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Beachside Partners, Jonathan P Standring, DRE #01893163; Beachside Partners, John Koskinen, DRE #02036512

Based on information from the Santa Barbara MLS as of 11/18/2020 12:00 AM, display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and may or may not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/16/2020 08:58 AM