Charming 4-unit property on a large lot with excellent rental history. Conveniently located between downtown Santa Barbara and Cottage Hospital, this colonial-style property features a large 4BD/3.5BA main home which has been separated into two units (3BD/2.5BA and 1BD/1BA, each with a fireplace), as well as a separate duplex (2 x 1BD/1BA). Both of the duplex units have fireplaces and three of the four units include laundry. The 3BD/2.5BA portion of the main home will be delivered vacant, allow¬ing for an owner to obtain full market rate rents or occupy it themselves. A new owner may also explore converting the separated unit and existing garages into legal dwell¬ings under the additional dwelling unit (ADU) legislation to maximize rental income. See ''more'' Utilities: Master metered for all utilities To Show: Call listing agent. Do not disturb tenants. The property benefits from plentiful off-street parking and garage storage for tenants or owner.
Property Details
Property Features
Property Information:
Year Built: 1905
Living Area: 1,981 SqFt
Listing Office:
Office Name: Hayes Commercial Group
Office Phone: (805) 563-2111
Listing Agent: Liam Murphy
Interior Features
Interior Information:
Flooring Type: Wood/Laminate
Exterior Features
Parking Information:
Garage Space: 4 spaces
Parking: Mixed, Detached
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.20 Acres
School Info
Assigned Schools Information:
San Marcos Senior High School, Public District Grades 9-12
La Cumbre Junior High School, Public District Grades 7-8
Harding University Partnership, Public District Grades KG-6
Santa Barbara Community Academy, Public District Grades KG-6
Price Information
Listing Price Info
Price Summary:
List Price: $2,595,000
Price Per SqFt: $1,310/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Santa Barbara, CA.
This property is $450.1K more than the Median Sold Price and $43/SqFt more than other homes in Santa Barbara, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Santa Barbara Multiple Listing Service
MLS Number: #24-2284
Listing Office:
Office Name: Hayes Commercial Group
Office Phone: (805) 563-2111
Listing Agent: Liam Murphy
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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, Broker/Agent has not and will 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13K
Per Month
Principal & Interest
$12.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,846
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Harding University Partnership
1625 Robbins St
Distance between this listing and this school0.15 miles
Public District Grades KG-6
5
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-6
Middle School
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school0.47 miles
Public District Grades 7-8
High School
7
/10
San Marcos Senior High School
4750 Hollister Ave
Distance between this listing and this school3.89 miles
Public District Grades 9-12
Assigned Schools
6
/10
Harding University Partnership
1625 Robbins St
Distance between this listing and this school0.15 miles
Public District Grades KG-6
5
/10
Santa Barbara Community Academy
850 Portesuello Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-6
Nearby Schools
5
/10
Monroe Elementary School
431 Flora Vista Dr
Distance between this listing and this school1.04 miles
Public District Grades KG-6
Assigned Schools
4
/10
La Cumbre Junior High School
2255 Modoc Rd
Distance between this listing and this school0.47 miles
Public District Grades 7-8
Nearby Schools
3
/10
Santa Barbara Junior High School
721 E Cota St
Distance between this listing and this school2.04 miles
Public District Grades 7-8
7
/10
La Colina Junior High School
4025 Foothill Rd
Distance between this listing and this school2.88 miles
Public District Grades 7-8
Assigned Schools
7
/10
San Marcos Senior High School
4750 Hollister Ave
Distance between this listing and this school3.89 miles
Public District Grades 9-12
Nearby Schools
2
/10
La Cuesta Continuation High School
710 Santa Barbara St
Distance between this listing and this school1.56 miles
Public District Grades 9-12
5
/10
Alta Vista Alternative High School
215 E Ortega St
Distance between this listing and this school1.57 miles
The neighbors living near this home have an average income of $88,265. The majority of Santa Barbara, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 328-330 W Islay St in Santa Barbara, CA and zip code 93101 in the West Side neighborhood. This 1,981 square foot home, which was built in 1905, sits on a 0.20 acre lot. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $2,595,000.
Over 12 listings were sold over their listed price in September 2024 in Santa Barbara, CA. In the same period over 49 listings were sold below the listed price and 11 listings were sold for the listed price. The number of listings in Santa Barbara, CA increased by 5.5% between August 2024 and September 2024. The median list price of listings available in September 2024 was $2,144,883, while the average time on the real estate market was 51 days.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. 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, Broker/Agent has not and will 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. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
Symphony or Opera
Symphony or Opera
Yoga/pilates
Soccer
Chico's
H&M
The Container Store
Boston Market
Dominos Pizza
Starbucks
Volvo
Audi
BMW
Talk/Personality
Alternative
Rock