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  • $2,051,000

    918 E Ortega St, Santa Barbara, CA 93103

    3beds
    2baths
    2,549sqft
    Multi Family
    Built in 2004
    -- sqft lot
    $2,096,000 Zestimate®
    $805/sqft
    $5,099 Estimated rent

    Home value

    $2,096,000

    $1.89M - $2.33M

    $5,099/mo

    Zestimate® history
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    What's special

    Built in 2004, this tastefully designed Cape Cod duplex is perfect for an owner-occupant looking to make one of these spacious units their home, or for an investor looking for a quality property with significant rent potential. Downstairs is a 3BD/2BA with an additional room totaling 1,188 square feet of living space that boasts top-of-the line appliances, in-unit washer and dryer, a gas fireplace in the living room, and excellent natural light throughout. Upstairs is a 3BD/2BA totaling 1,361 square feet of living space offering gorgeous views of the Riviera from the entry deck and kitchen, vaulted ceilings, living room and primary suite, newer counter tops, fixtures and lights in the kitchen and in-unit washer and dryer. Currently, both units share a 442 square foot two-car garage. This property has been lovingly cared for by its owner and is primed for the next generation of ownership to capitalize on the property's quality and size. Top floor owner's unit will be available for an owner occupant. Downstairs is currently rented for $5,295 per month with market rent estimated at $5,500. Upstairs estimated market rent is $5,700. Both occupants share all utilities 50/50. Total gross income potential is $131,940 annual.

    Zillow last checked:

    Listing updated:

    Listed by:

    Christos Celmayster 01342996,

    Hayes Commercial Group

    Bought with:

    Mia Teetsel, 01256862

    Berkshire Hathaway HomeServices California Properties

    Beverly Herrera, 01152828

    Source: SBMLS,MLS#: 24-2616MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Appliances
    • Laundry: In Unit
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,549 sqft

    Property

    Parking
    • Parking features: Garage, Open
    • Has garage: Yes
    Features
    • Stories: 2
    Lot
    • Size: 5,227 Square Feet
    • Features: Near Public Transit
    Details
    • Parcel number: 031182003
    • Zoning: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Excellent
    • Year built: 2004

    Community & HOA

    Community
    • Subdivision: 15 - Lower Eastside
    Location
    • Region: Santa Barbara

    Financial & listing details

    • Price per square foot: $805/sqft
    • Tax assessed value: $2,025,500
    • Annual tax amount: $21,397
    • Date on market: 8/7/2024
    • Cumulative days on market: 104 days
    • Listing terms: Cash
    • Total actual rent: 10995

    Price history

    DateEventPrice
    12/5/2024Sold$2,051,000-2.3%$805/sqft
    Source: SBMLS #24-2616 Report a problem
    11/19/2024Pending sale$2,099,000$823/sqft
    Source: SBMLS #24-2616 Report a problem
    10/17/2024Price change$2,099,000-2.1%$823/sqft
    Source: SBMLS #24-2616 Report a problem
    9/25/2024Price change$2,145,000-2.3%$842/sqft
    Source: SBMLS #24-2616 Report a problem
    8/19/2024Price change$2,195,000-4.1%$861/sqft
    Source: SBMLS #24-2616 Report a problem
    8/7/2024Listed for sale$2,290,000+19.3%$898/sqft
    Source: SBMLS #24-2616 Report a problem
    7/26/2023Listing removed--
    Source: Zillow Rentals Report a problem
    7/16/2023Price change$5,295-3.6%$2/sqft
    Source: Zillow Rentals Report a problem
    7/11/2023Price change$5,495-4.4%$2/sqft
    Source: Zillow Rentals Report a problem
    6/28/2023Price change$5,750-3.4%$2/sqft
    Source: Zillow Rentals Report a problem
    6/6/2023Listed for rent$5,950$2/sqft
    Source: Zillow Rentals Report a problem
    8/29/2022Sold$1,920,000+1.3%$753/sqft
    Source: SBMLS #22-2254 Report a problem
    7/15/2022Pending sale$1,895,000$743/sqft
    Source: SBMLS #22-2280 Report a problem
    7/6/2022Listed for sale$1,895,000+64.4%$743/sqft
    Source: SBMLS #22-2254 Report a problem
    11/8/2019Sold$1,152,500-2.2%$452/sqft
    Source: Public Record Report a problem
    10/16/2019Pending sale$1,179,000$463/sqft
    Source: Keller Williams Realty Santa Barbara #19-2254 Report a problem
    9/24/2019Price change$1,179,000-1.8%$463/sqft
    Source: Keller Williams Realty Santa Barbara #19-2254 Report a problem
    8/16/2019Listed for sale$1,200,000$471/sqft
    Source: Keller Williams Santa Barbara #19-2254 Report a problem
    7/20/2019Pending sale$1,200,000$471/sqft
    Source: Keller Williams Santa Barbara #19-2254 Report a problem
    6/27/2019Listed for sale$1,200,000$471/sqft
    Source: Keller Williams Realty Santa Barbara #19-2255 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,397 +3.2%$2,025,500 +3.4%
    2024$20,742 +1.8%$1,958,400 +2%
    2023$20,366 +61%$1,920,000 +61.7%
    2022$12,646 +2.4%$1,187,727 +2%
    2021$12,355 +1%$1,164,439 +1%
    2020$12,228 +90.6%$1,152,500 +89.4%
    2019$6,415 +1.5%$608,618 +2%
    2018$6,323 +3.4%$596,686 +2%
    2017$6,113 +1.5%$584,987 +2%
    2016$6,025 +2.8%$573,517 +1.5%
    2015$5,860 $564,903 +2%
    2014$5,860 $553,839 +2.5%
    2012-- $540,528 +2%
    2011-- $529,930 +0.8%
    2010-- $525,971 -0.2%
    2009-- $527,221 +2%
    2008-- $516,884 +2%
    2007-- $506,750 +2%
    2006-- $496,815 +2%
    2005-- $487,074 +172.5%
    2003-- $178,734 +2%
    2002-- $175,231 +2%
    2001-- $171,796 +2%
    2000-- $168,428
    Find assessor info on the county website

    Neighborhood: Milpas

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Franklin
    • Middle: S.B. Jr.
    • 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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