524 East Arrellaga Street
524 East Arrellaga Street
$3,400,000
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Closed 2/26/21
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,...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, full exterior paint, and a major remodel to five of the six units. As a result, annual maintenance costs are extremely low and the majority of rents are very close to market.
- Listed by Jonathan P Standring • DRE #01893163 • Beachside Partners
- Listed by John Koskinen • DRE #02036512 • Beachside Partners
Property Details for 524 East Arrellaga Street
Zoning
R-3
Cross StreetOlive
Recurring FeesNo
Location
LISTING UPDATED: 02/26/2021 03:00 PM
Property Details for 524 East Arrellaga Street
Status | Closed |
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MLS # | 20-4501 |
Days on Market | 29 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1935 |
Lot Size | 0.24 AC / 10,454 SF |
County | Santa Barbara County |
Location
Building Information for 524 East Arrellaga Street
Stories-Residences6Year Built1935Building Size-Lot Size0.24 AC / 10,454 SF
Payment Calculator
$21,680 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 524 East Arrellaga Street
Property History for 524 East Arrellaga Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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$1,352,520Additions$2,184,840Total$3,537,360
Tax Record2023$37,505 ($3,125 / month)
Home Facts
Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN027-260-030
Schools near 524 East Arrellaga Street
This home is within Santa Barbara Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Roosevelt Elementary School PublicK to 6 | ||
Santa Barbara Junior High School Public7 to 8 | ||
Santa Barbara Senior High School Public9 to 12 | ||
La Cuesta Continuation High School Public9 to 12 |
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.
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