Sold

Closed

918 E Ortega Street

SANTA BARBARA CA, 93103

$2,051,000


$804.63 per sqft

Sold

Closed

3 Beds

2 Baths

2,549 sqft

Residential

Built in 2004

Courtesy of Christos Celmayster, Hayes Commercial Group

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.

24-2616

MLS ID

August 7, 2024

Listed

December 5, 2024

Updated

Map

918 E Ortega Street
SANTA BARBARA CA, 93103

Interior Features

Total Stories

2


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Laundry Description

In Unit


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres


Lot Features

Near Public Transit

School Information

High School

S.B. Sr.


Elementary School

Franklin

Other Property Details

Area Name

15 - SB/EAST OF STATE


Days on Market

104


Garage

Yes


Parking

Garages, Uncovered


View

No


County

Santa Barbara


Pool

No


Zoning

R-2

Listing History

Date

Event

Price

12/5/2024

Sold

$2,051,000

11/19/2024

Pending

10/17/2024

Price change

$2,099,000

-3%

9/25/2024

Price change

$2,145,000

-3%

8/19/2024

Price change

$2,195,000

-5%

Listed by Hayes Commercial Group, Christos Celmayster,
Listing Contact: [email protected] 

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