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$2,650,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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1415+1417 Park Place is a competitively-priced and well cared-for 6-unit 2-building multi-family investment, located at the edge of Santa Barbara as it transitions to Montecito via Old Coast Highway. The configuration of the 2 buildings is especially well-suited for an owner-occupant in the recently-vacated 2-unit Victorian home with 12-foot ceilings, with mortgage/expenses paid from ~$10K monthly rent from the 1980-built 4 x 1-BR building separated across the driveway. Or re-rent the 2 vacant units in the home to revive the total income to the recent ~$17,200/month (~$206K annual). The sellers have made approx. $350K of upgrades in the last 3 years, incl. mostly all new roofs. See unbranded Offering Memorandum in Documents for more details. Don't miss this value opportunity!

Full Property Details for 1415-1417 Park Pl

General

  • Price: $2,650,000
  • HOA FEE: $5,115
  • Status: Active
  • Type: Multi-Family
  • Source: SBAOR
  • MLS ID: 26-3402
  • Updated: 10/7/2026
  • Added to Site: 1 day(s) ago

Rooms

Other Rooms

  • Laundry: Laundry Room

Parking

  • Carport Spaces: 2
  • Total Spaces: 9
  • Parking Features: Outside, Carport

Location

  • Area: 15 - SB/EAST OF STATE
  • County: Santa Barbara
  • Cross Streets: Old Coast Hwy

School Information

  • Elementary School: Cleveland
  • Middle School: S.B. Jr.
  • High School: S.B. Sr.

Structural Information

  • Foundation: Slab, Raised
  • Year Built: 1980
  • Property Condition: Excellent

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Size (Sq. Ft.): 10,454
  • Lot Size: 10454
  • Lot Features: Near Public Transit
  • Zoning: Other, R-4

Financial Considerations

  • Maint. Fee: $5,115
  • Maint. Fee/Month: $5,115
  • Terms: Cash, Conventional

Disclosures and Reports

  • Reports: Other
  • Property ID: 017-373-018

Listed by Berkshire Hathaway HomeServices California Properties

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— 1415-1417 Park Pl —

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for 1415-1417 Park Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Listed
$2,650,000
783.33%
MLS
11/15/2000
Sold
$300,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1415-1417 Park Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$14,534
—
$1,399,494
2%
2025
$14,534
2%
$1,372,230
2%
2024
$14,287
3%
$1,345,501
3%
2023
$13,934
2%
$1,310,297
2%
2022
$13,694
6%
$1,284,605
5%
2021
$12,941
1%
$1,218,069
1%
2020
$12,808
2%
$1,205,580
2%
2019
$12,585
1%
$1,181,943
2%
2018
$12,406
3%
$1,158,768
2%
2017
$11,997
2%
$1,136,048
2%
2016
$11,738
1%
$1,113,774
2%
2015
$11,609
2%
$1,097,046
2%
2014
$11,419
—
$1,075,558
—
2013
$11,368
—
$1,070,698
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1415-1417 Park Place, Santa Barbara, CA 93103 (MLS# 26-3402) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 1415-1417 Park Place is currently listed for $2,650,000 and was received on October 08, 2026. Want to learn more about 1415-1417 Park Place? Do you have questions about finding other Multi-Family real estate for sale in East Of State? You can browse all East Of State real estate or contact a Coldwell Banker agent to request more information.

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