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  • $1,615,000

    223 W Ortega St, Santa Barbara, CA 93101

    5beds
    2,200sqft
    Single Family Residence
    Built in 1900
    5,662 Square Feet Lot
    $2,846,700 Zestimate®
    $734/sqft
    $7,977 Estimated rent

    Home value

    $2,846,700

    $2.42M - $3.36M

    $7,977/mo

    Zestimate® history
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    What's special

    1 UNIT OCCUPIED. PLEASE DON'T GO ON PROPERTY WITHOUT AGENT. First time offered! 3/1.5 Main House + 1/1 Unit + Studio unit. Set above the street, this Santa Barbara charmer in-the-making has been in same family for generations. Three separate single level units on one lot, are ideally located three blocks from State Street in the heart of Santa Barbara. With some elbow grease and a bit of vision this property could epitomize the essence of in town Santa Barbara living. Steps from Downtown State Street, residents will relish the convenience of easy access to an array of entertainment, dining, and cultural attractions that define Santa Barbara's bustling city center. Enter the main 3-bedroom main house from the inviting front porch. Towards the back of the property, behind the main house... ...is a one-bedroom cottage and a separate studio unit for additional flexibility. This multi-unit property could appeal to investors and/or owner occupants. The three units could be tailored to suit a variety of needs: Live in one and rent the others out or make it an in-town compound with a separate office space and guest house. With its diverse layout and adaptable spaces, this property presents an exceptional upside opportunity for savvy investors seeking a lucrative income-generating asset or for those desiring versatile living arrangements.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anderson Hurst Associates 01903215 / 00826530 805-680-8216,

    Berkshire Hathaway HomeServices California Properties

    Bought with:

    Justin Etherton, 01906052

    eXp Realty of California Inc.

    Source: SBMLS,MLS#: 24-1870MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Wall Furnace
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Gas Range
    • Laundry: Other, In Unit
    Features
    • Flooring: Laminate, Carpet, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 2,200
    • Total interior livable area: 2,200 sqft

    Property

    Features
    • Levels: Single Story
    • Exterior features: Lawn
    • Fencing: Partial
    Lot
    • Size: 5,662 Square Feet
    • Features: Level, Near Public Transit
    • Topography: Level
    Details
    • Additional structures: Studio
    • Parcel number: 037121003
    • Zoning: Other, R-4

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Craftsman
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Raised
    • Roof: Composition
    Condition
    • Fair
    • Year built: 1900

    Utilities & green energy

    • Sewer: Sewer Hookup

    Community & HOA

    Community
    • Features: Sidewalks, Street Lights
    • Subdivision: 15 or 20 - Downtown
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $734/sqft
    • Tax assessed value: $1,650,000
    • Annual tax amount: $17,442
    • Date on market: 6/6/2024
    • Cumulative days on market: 17 days
    • Listing terms: Cash,Ctnl

    Price history

    DateEventPrice
    7/18/2024Sold$1,615,000-2.1%$734/sqft
    Source: SBMLS #24-1870 Report a problem
    6/24/2024Pending sale$1,650,000$750/sqft
    Source: SBMLS #24-1870 Report a problem
    6/6/2024Listed for sale$1,650,000$750/sqft
    Source: SBMLS #24-1870 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,442 +2046.2%$1,650,000 +1981.8%
    2024$813 +2.1%$79,257 +2%
    2023$796 +2%$77,704 +2%
    2022$780 +2.9%$76,181 +2%
    2021$758 +1.2%$74,689 +1%
    2020$749 +2%$73,924 +2%
    2019$735 +1.7%$72,476 +2%
    2018$723 +3.6%$71,056 +2%
    2017$697 -9.3%$69,663 +2%
    2016$769 +2.8%$68,298 +1.5%
    2015$747 $67,273 +2%
    2014$747 $65,957 +2.5%
    2012-- $64,373 +2%
    2011-- $63,112 +0.8%
    2010-- $62,641 -0.2%
    2009-- $62,791 +2%
    2008-- $61,561 +2%
    2007-- $60,355 +2%
    2006-- $59,173 +2%
    2005-- $58,014 +3.9%
    2003-- $55,836 +2%
    2002-- $54,742 +2%
    2001-- $53,670 +2%
    2000-- $52,618
    Find assessor info on the county website

    Neighborhood: West Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Monroe
    • Middle: LaCumbre
    • High: San Marcos

    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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    $2,846,700
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    With Zillow Showcase(estimated)
    $2,903,634