426 West Los Olivos Street

Santa Barbara, CA 93105

$2,695,000
Price
5
Beds
4
Baths
2,928 Sq. Ft.
$920 / Sq. Ft.
2,928
Sq. Ft.
$920
per Sq. Ft.

Description

This rare multi-unit property offers more than an average duplex—it's two independent and charming Craftsman homes on a spacious .28-acre lot. Each has its own address, driveway, and garage, plus two extra structures. This is a unique opportunity to own an admired Santa Barbara asset with two separate vacant homes, perfect for investment, a family compound, or an owner-occupant seeking rental income. Located near The Mission, Cottage Hospital, and the vibrant De La Vina corridor. The main 3bd/3ba...This rare multi-unit property offers more than an average duplex—it's two independent and charming Craftsman homes on a spacious .28-acre lot. Each has its own address, driveway, and garage, plus two extra structures. This is a unique opportunity to own an admired Santa Barbara asset with two separate vacant homes, perfect for investment, a family compound, or an owner-occupant seeking rental income. Located near The Mission, Cottage Hospital, and the vibrant De La Vina corridor. The main 3bd/3ba home features period details and a lush backyard. The second 2bd/1ba home is updated with a private yard and hot tub. Owned by the same family for over 50 years, this property reflects pride of ownership and is truly a one-of-a-kind opportunity to own a piece of Santa Barbara's charm and history.
  1. Listed by Randy Freed & Kellie Clenet • DRE #20131217230902415175000000 • Berkshire Hathaway HomeServices California Properties
    P: (805)-895-1799 C: (805)-895-1799 Team@theSantaBarbaralifestyle.com

Property Details for 426 West Los Olivos Street

Zoning
R-3
Zoning:R-3
Yes
Location Info:Cross Street
Oak Park Lane
Property Information:Recurring Fees
No
LISTING UPDATED: 11/07/2024 11:30 PM

Property Details for 426 West Los Olivos Street

StatusActive
MLS #24-3490
Days on Market44
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1903
Lot Size0.28 AC / 12,197 SF
CountySanta Barbara County

Virtual Tour

Building Information for 426 West Los Olivos Street

Stories-Residences2Year Built1903Building Size-Lot Size0.28 AC / 12,197 SF

Property Information for 426 West Los Olivos Street

Details
Features
  • District: 20 - SB/WEST OF STATE
  • District: 20 - SB/WEST OF STATE
  • FlrWdw Coverings:Hardwood: Yes
  • Laundry Features: In Unit
  • Laundry:In Unit: Yes
  • Pets Allowed: Yes
  • Pets:Yes: Yes
  • Flooring: Hardwood
  • Heating: GFA
  • Heating: Yes
  • Heating/Cooling:GFA: Yes
  • Year Built Numeric: 1903
  • Main House SqFt: 2928.0
  • Building Area Total: 2928.0
Taxes and HOA Information
  • Parcel Number: 025-171-038
  • Association Fee: $.00
Parking/Garage
  • Total # Garage Spaces: 3.00
  • Open Parking Spaces: 5.00
  • Parking Features: Garages, Detached
  • Garages: Yes
  • Parking Info:Garages: Yes
  • Parking Info:Detached: Yes
  • Parking Info:Total # Unconvered Spaces: 5.00
Miscellaneous
  • Miscellaneous:# Refrigerators: 4.00
  • Miscellaneous:# Stoves: 2.00
Room Info
Room Info
  • Total Bathrooms: .00
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
Location Info
Location Info
  • Location Info:Compass Map: Santa Barbara
  • Location Info:Map Grid: N12
  • Proximity:Near Bus: Yes
  • Proximity:Near Hospital: Yes
  • Proximity:Near Park(s): Yes
  • Proximity:Near Shopping: Yes
  • Lot Features: Near Public Transit
Neighborhood/Schools
  • Elementary School: Adams
  • Junior High School: LaCumbre
  • High School: S.B. Sr.
  • NeighborhoodSchools:Elementary School: Adams
  • NeighborhoodSchools:Junior High School: LaCumbre
  • NeighborhoodSchools:High School: S.B. Sr.
Property / Assessor Information
Property / Assessor Info
  • Reports Available:TDS: Yes
  • Foundation Details: Raised
  • Lot Size Square Feet: 12197.0
  • Lot Size Area: 12197.0
  • Lot Size Acres: 0.28
  • Property Type Label: Res Inc
  • New Construction YN: No
  • Foundation:Raised: Yes
  • Condition:Excellent: Yes
  • Condition:Good: Yes
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Year Built: 1903.0
Utility Info
  • Meters:Sep Meter Wtr: Y
  • Meters:Sep Meter Elec: Y
  • Meters:Sep Meter Gas: Yes
Income / Expense Info
Income / Expense Info
  • Income/Expenses:Capitalization Rate: 4.1
  • Income/Expenses:Insurance: $2,322
  • Income/Expenses:Water Expense: $3,980
  • Income/Expenses:Electric Expense: $2,523
  • Income/Expenses:Gas Expense: $2,702
  • Income/Expenses:Trash Expense: $1,304
  • Income/Expenses:Maintenance Expense: $1,985
  • Income/Expenses:Total Monthly Exp: $45,500
  • Income/Expenses:NOI: 110500
  • Income/Expenses:Total Monthly Income: $13,000
  • Income/Expenses:Annual Income: $156,000
  • Gross Income: $156,000
  • Electric Expense: $2,523
  • Insurance Expense: $2,322
  • Maintenance Expense: $1,985
  • Trash Expense: $1,304
  • Gas Expense: $2,702
  • Water Expense: $3,980
Unit Info
Unit Info
  • Number Of Units Total: 2
Unit 1 Info
  • Unit 1:# Units: 1
  • Unit 1:# Bedrooms: 3
  • Unit 1:# Baths: 3
  • Unit 1:# Half Baths: 0
  • Unit 1:Furnished: P
  • Unit 1:Rent: $7,500.00
  • Unit 1:Monthly Total: $7,500.00
Unit 2 Info
  • Unit 2:# Units: 1
  • Unit 2:# Bedrooms: 2
  • Unit 2:# Baths: 1
  • Unit 2:Furnished: P
  • Unit 2:Rent: $5,500.00
  • Unit 2:Monthly Total: $5,500.00
Rental
Rental Information
  • Total Actual Rent: $13,000

Property History for 426 West Los Olivos Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 426 West Los Olivos Street

Taxable ValueLand$222,564Additions$237,878Total$460,442
Tax Record2024$4,915 ($410 / month)
Home Facts
Lot Size12,196 SqFtStyleDuplexCountySANTA BARBARAAPN025-171-038

Schools near 426 West Los Olivos 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 - K to 6
Rating
School
Distance
Adams Elementary School
PublicK to 6

La Cumbre Junior High School
Public7 to 8

San Marcos Senior High School
Public9 to 12

Santa Barbara Community Academy
PublicK to 6

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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426 West Los Olivos Street is a multi-family home for sale in Santa Barbara, CA 93105. This property was listed for sale on October 21, 2024 by Berkshire Hathaway HomeServices California Properties, it's currently listed at $2,695,000. This listing's school district is Santa Barbara Unified School District. Nearby schools include Adams Elementary School, La Cumbre Junior High School and San Marcos Senior High School. 426 West Los Olivos Street is a 5-bed, 4-bath, 2,928 sqft multi-family home built in 1903.

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. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices California Properties, Randy Freed & Kellie Clenet, DRE #20131217230902415175000000

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.