DOWNTOWN SB MULTI-UNIT INVESTMENT OPPORTUNITY (#2). 1930's Craftsman triplex situated on approximately .17 acre in a prime downtown Santa Barbara location. Versatile R-MH (R-4) zoning offers potential for multi-unit apartments/condominiums, hotel/bed & breakfast, multi-unit residential income use (Buyer to verify). Current unit mix (1)1BD/1BA, (1)2BD/1BA & (1) Studio. Maximum allowable rental unit potential currently unrealized. Walking distance to Downtown/State Street, The Public Market & SB Theatre District. Offered individually or together with adjacent property (1225/1227 Bath Street). Do not go onto property without an appointment.
Closed
Tax assessed value
$1,400,000
1229 Bath St, Santa Barbara, CA 93101
4beds
3baths
2,000sqft
Multi Family
Built in 1930
-- sqft lot
$1,726,000 Zestimate®
$700/sqft
$4,555 Estimated rent
Home value
$1,726,000
$1.48M - $2.02M
$4,555/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Chris W Hunt 01326111 805-453-3407,
Compass
Bought with:
Non Member Agent
Non Member Office
Source: SBMLS,MLS#: 24-327
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Other
Appliances
- Laundry: Laundry Room
Features
- Flooring: Hardwood, Other
- Has fireplace: No
Interior area
- Total interior livable area: 2,000 sqft
Property
Parking
- Total spaces: 10
- Parking features: Open
- Uncovered spaces: 10
Accessibility
- Accessibility features: Other
Features
- Stories: 1
Lot
- Size: 7,405 sqft
- Features: Near Public Transit
Details
- Parcel number: 039162010
- Zoning: Other, R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Foundation: Mixed
Condition
- Fair
- Year built: 1930
Community & neighborhood
Location
- Region: Santa Barbara
- Subdivision: 15 or 20 - Downtown
HOA & financial
Other financial information
- Total actual rent: 7100
Other
Other facts
- Listing terms: Cash,OTHER/CLA
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2024 | Sold | $1,400,000-17.6%$700/sqft |
Source:  SBMLS #24-327 Report a problem | ||
| 7/15/2024 | Pending sale | $1,700,000$850/sqft |
Source: SBMLS #24-327 Report a problem | ||
| 4/24/2024 | Price change | $1,700,000-5.6%$850/sqft |
Source: SBMLS #24-327 Report a problem | ||
| 1/31/2024 | Listed for sale | $1,800,000$900/sqft |
Source: SBMLS #24-327 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,807 +300.3% | $1,400,000 +305.4% |
| 2024 | $3,699 +1.9% | $345,351 +2% |
| 2023 | $3,631 +1.8% | $338,580 +2% |
| 2022 | $3,568 +2.4% | $331,942 +2% |
| 2021 | $3,484 +1.1% | $325,434 +1% |
| 2020 | $3,448 +1.8% | $322,098 +2% |
| 2019 | $3,388 +1.4% | $315,783 +2% |
| 2018 | $3,340 +3.4% | $309,592 +2% |
| 2017 | $3,230 +0.1% | $303,522 +2% |
| 2016 | $3,228 +2.7% | $297,571 +1.5% |
| 2015 | $3,142 | $293,102 +2% |
| 2014 | $3,142 | $287,361 +2.5% |
| 2012 | -- | $280,455 +2% |
| 2011 | -- | $274,957 +0.8% |
| 2010 | -- | $272,903 -0.2% |
| 2009 | -- | $273,553 +2% |
| 2008 | -- | $268,191 +2% |
| 2007 | -- | $262,934 +2% |
| 2006 | -- | $257,779 +2% |
| 2005 | -- | $252,726 +3.9% |
| 2003 | -- | $243,230 +2% |
| 2002 | -- | $238,461 +2% |
| 2001 | -- | $233,786 +2% |
| 2000 | -- | $229,203 |
Find assessor info on the county website
Neighborhood: West Downtown
Nearby schools
GreatSchools rating
- 9/10Peabody Charter SchoolGrades: K-6Distance: 1.9 mi
- 3/10Santa Barbara Junior High SchoolGrades: 7-8Distance: 1.2 mi
- 6/10Santa Barbara Senior High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Peabody
- Middle: LaCumbre
- High: S.B. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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