640 W  Ortega St, Santa Barbara, CA 93101
FOR SALE
3D VIEW
1.55 ACRES

640 W Ortega St
Santa Barbara, CA 93101

Lower Westside
  • Studio
  • 870 sqft (on 1.55 acres)
  • Studio
  • 870 sqft (on 1.55 acres)

$2,995,000

Est. Mortgage $18,783/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Welcome to 640 & 644 W Ortega, Santa Barbara, CA! This fantastic property has been owned by the same family for over 45 years. This property offers two duplex buildings, providing a total of four units. Each unit features a comfortable layout with two bedrooms and one bathroom, making them ideal for both residents and potential tenants. Situated on a generous 1.55-acre lot, this property offers ample space and a serene environment with breathtaking mountain views. The expansive land provides opportunities for various uses and potentially expanding the existing building or potentially adding an ADU. The duplex buildings are well-maintained and offer a great investment opportunity. Whether you're looking to generate rental income or occupy one of the units while renting out the others, this property provides versatility and potential for a favorable return on investment.

Located in Santa Barbara, CA, this property benefits from its prime location. Santa Barbara is known for its beautiful beaches, picturesque landscapes, and vibrant community. Residents and tenants will have convenient access to nearby amenities, schools, shopping centers, restaurants, and entertainment options.

Don't miss the chance to own this income-producing property in Santa Barbara. Schedule a showing today and explore the potential of this duplex property on 1.55 acres of land! (Unit D is available to show and currently updating floors, please do NOT disturb tenants. This is a buildable lot, buyer to verify potential building opportunity with the city)

Home Highlights

Parking
4 Carport Spaces
Outdoor
Deck
A/C
Heating only
HOA
None
Price/Sqft
$3,443
Listed
14 days ago

Home Details for 640 W Ortega St

Interior Features

Dimensions and Layout
Living Area: 870 Square Feet
Appliances & Utilities
Appliances: Electric Cooktop, DishwasherDishwasherLaundry: In Unit
Heating & Cooling
Heating: GFAHas HeatingHeating Fuel: GFA
Fireplace & Spa
No Fireplace
Windows, Doors, Floors & Walls
Flooring: Carpet, Wood/Laminate
Levels, Entrance, & Accessibility
Floors: Carpet, Wood Laminate
View
No View

Exterior Features

Exterior Home Features
Patio / Porch: DeckFoundation: Slab, Raised
Parking & Garage
Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportNo GarageParking Spaces: 4Parking: Carport

Days on Market

Days on Market: 14

Property Information

Year Built
Year Built: 1979
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Single Family Residence
Property Information
Condition: GoodParcel Number: 035060016

Price & Status

Price
List Price: $2,995,000Price Per Sqft: $3,443

Active Status

MLS Status: Active

Location

Direction & Address
City: SANTA BARBARACommunity: 20 - Westside
School Information
Elementary School: McKinleyJr High / Middle School: S.B. Jr.High School: S.B. Sr.

Agent Information

Listing Agent
Listing ID: 24-1171

HOA

No HOA

Lot Information

Lot Area: 1.55 Acres

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 24-1171
Last check for updates: about 16 hours ago
Listing courtesy of Heather M Martineau 01902351, (805) 231-3558
eXp Realty of California, Inc.
Source: SBMLS, MLS#24-1171

Price History for 640 W Ortega St

DatePriceEventSource
04/16/2024$2,995,000Listed For SaleSBMLS #24-1171
01/16/2024ListingRemovedSBMLS #23-2081
09/07/2023$2,995,000PriceChange
SBMLS #23-2081
07/15/2023$3,095,000Listed For SaleSBMLS #23-2081

New Listings near 640 W Ortega St

Property Taxes and Assessment

Year2023
Tax$4,588
Assessment$428,074
Home facts updated by county records

Comparable Sales for 640 W Ortega St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Single-Family Home
$1,299,000
02/20/24
2
1
1,076
0.18
Single-Family Home
$1,075,000
06/28/23
2
2
1,200
0.04
Single-Family Home
$2,006,555
08/08/23
8
4
2,168
0.19
Single-Family Home
$1,385,000
06/16/23
-
1,360
0.14
Single-Family Home
$1,560,000
10/13/23
-
1,883
0.48
Single-Family Home
$910,000
11/29/23
2
1
865
0.40
Single-Family Home
$1,365,000
01/05/24
2
2
780

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lower Westside

  • Christiemacias
    "I live on the lower west side. it is diverse with a majority working class. we have a tiny neighborhood market and a large market a mile away. the beach is a mile walk away. perfect life."
    0
    Flag
  • shazam2012
    "This is a really good location as you can either pop over Carillo Hill to the Mesa, go down the street to City College and the Beach Area, or go to downtown Santa Barbara. You could live car free here with a bicycle or electric bike. "
    0
    Flag

LGBTQ Local Legal Protections

Heather M Martineau, eXp Realty of California, Inc.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
640 W Ortega St, Santa Barbara, CA 93101 is a studio, 870 sqft single-family home built in 1979. 640 W Ortega St is located in Lower Westside, Santa Barbara. This property is currently available for sale and was listed by SBMLS on Apr 16, 2024. The MLS # for this home is MLS# 24-1171.