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$1,950,000

  • For Sale
  • Active
  • Multi-Family
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Lower Riviera duplex offering a versatile opportunity with two fully updated units and sweeping south-facing views of the ocean, islands, and city skyline from each unit. Located just minutes from downtown this property is ideal for an owner-user or investor with room to add an ADU and enhance long-term value. The lower unit enjoys access to a view deck perfect for relaxing or entertaining. Inside, you'll find wood floors throughout, dual-pane windows with window coverings, and updated kitchens and bathrooms. Additional highlights include newer exterior paint, a shared, coin operated laundry room, and ample parking: each unit has open spaces and one-car garage with generous additional storage. Whether you're looking for a smart investment or a multi-generational living opportunity, this property delivers comfort, convenience, and incredible Santa Barbara views!

Full Property Details for 535 Alameda Padre Serra

General

  • Price: $1,950,000
  • Status: Active
  • Type: Multi-Family
  • Source: SBAOR
  • MLS ID: 25-4161
  • Updated: 12/1/2025
  • Added to Site: 47 day(s) ago

Interior

  • Flooring: Hardwood

Rooms

Other Rooms

  • Laundry: Laundry Room

Parking

  • Parking Features: Garages, Uncovered

Location

  • Area: 15 - SB/EAST OF STATE
  • County: Santa Barbara
  • Subdivision: 15 - Riviera/Lower
  • Cross Streets: E Cota

School Information

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

Structural Information

  • Year Built: 1964
  • Property Condition: Excellent

Lot Features

  • Zoning: R-2

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Property ID: 031-262-001

Listed by Compass

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— 535 Alameda Padre Serra —

  • Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 535 Alameda Padre Serra

School District:Santa Barbara Unified School District
NameGradesDistance
Franklin Elementary School, Santa Barbara, CA
1111 East Mason Street, Santa Barbara, CA 93103
PK-60.5 mi
Santa Barbara Junior High School
721 East Cota Street, Santa Barbara, CA 93103
7-80.5 mi
Santa Barbara Senior High School
700 East Anapamu Street, Santa Barbara, CA 93103
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 535 Alameda Padre Serra Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/01/2025
Listed
$1,950,000
78.74%
MLS
6/23/2015
Sold
$1,091,000
—
Public Record
Get Price Alerts and Save Property
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 535 Alameda Padre Serra

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,663
2%
$1,291,458
2%
2024
$13,429
2%
$1,266,136
2%
2023
$13,186
2%
$1,241,311
2%
2022
$12,959
2%
$1,216,972
2%
2021
$12,661
1%
$1,193,110
1%
2020
$12,531
2%
$1,180,877
2%
2019
$12,312
1%
$1,157,724
2%
2018
$12,138
3%
$1,135,024
2%
2017
$11,738
2%
$1,112,769
2%
2016
$11,486
868%
$1,090,950
909%
2015
$1,186
2%
$108,074
2%
2014
$1,167
1%
$105,958
—
2013
$1,161
—
$105,480
—
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.

Estimate the Cost for 535 Alameda Padre Serra

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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535 Alameda Padre Serra, Santa Barbara, CA 93103 (MLS# 25-4161) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 535 Alameda Padre Serra is currently listed for $1,950,000 and was received on December 01, 2025. Want to learn more about 535 Alameda Padre Serra? 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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