15 days on rocket

640 W Ortega St, Santa Barbara, CA, 93101

$2,995,000

0 Baths
870 SqFt
$3,443/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
Year Built1979
MLS #24-1171
Lot Size1.55 Acres
StatusActive

About 640 W Ortega St

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)

Property Details

Property Features

Property Information:

  • Year Built: 1979
  • Living Area: 870 SqFt

Listing Office:

  • Office Name: eXp Realty of California, Inc.
  • Office Phone: (805) 364-9009
  • Listing Agent: Heather M Martineau

Interior Features

Interior Information:

  • Flooring Type: Carpet, Wood/Laminate
  • Interior: Deck, Elec Stove, Dishwasher

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  • 3D Tour: 640 W Ortega St

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Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 1.55 Acres

School Info

Assigned Schools Information:

  • San Marcos Senior High School, Public District Grades 9-12
  • La Cumbre Junior High School, Public District Grades 7-8
  • McKinley Elementary School, Public District Grades KG-6
  • Santa Barbara Community Academy, Public District Grades KG-6

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000
  • Price Per SqFt: $3,443/SqFt

Tax Information:

  • Annual Amount: $4,357
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: Santa Barbara Multiple Listing Service
  • MLS Number: #24-1171

Listing Office:

  • Office Name: eXp Realty of California, Inc.
  • Office Phone: (805) 364-9009
  • Listing Agent: Heather M Martineau

IDXThe data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by other are marked with the “MLS” logo and detailed information about them includes the name of the listing brokers. Based on information from the Santa Barbara MLS. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Displays of minimal information (e.g., “thumbnails”, text messages, “tweets”, etc., of two hundred [200] characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. Audio delivery of listing content is exempt from this disclosure requirement only when all required disclosures are subsequently delivered electronically to the registered consumer performing the property search or linked to through the device’s application. Copyright 2024 Santa Barbara Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,357$411,453
2020$4,356$407,235
2019$4,219$399,251
2018$4,220$391,424
2017$4,080$383,750

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4506527
4
/10
  • McKinley Elementary School

  • 350 Loma Alta Dr

  • 0.37 miles

  • Public District Grades KG-6

school-card-donut-4506528
4
/10
  • Santa Barbara Community Academy

  • 850 Portesuello Ave

  • 1.47 miles

  • Public District Grades KG-6

Middle School

school-card-donut-4506529
4
/10
  • La Cumbre Junior High School

  • 2255 Modoc Rd

  • 1.45 miles

  • Public District Grades 7-8

High School

school-card-donut-4506530
6
/10
  • San Marcos Senior High School

  • 4750 Hollister Ave

  • 4.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,375. Typical income of Santa Barbara County, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaSanta Barbara CountySanta Barbara93101640 W Ortega St

This home is located at 640 W Ortega St in Santa Barbara, CA and zip code 93101 in the West Side neighborhood. This 870 square foot home, which was built in 1979, sits on a 1.55 acre lot. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $2,995,000.

Santa Barbara County, CA housing market in April 2024 saw over 65 listings sold above listed price, more than 33 sold at listed price and over 80 sold below. The number of homes for sale in Santa Barbara County, CA increased by 12.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $1,256,464, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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