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821 & 823 E Pedregosa Street, Santa Barbara, CA 93103

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For Sale

$3,995,000

7 beds • 6 baths • 2,127 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,878.23
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Heating System

Explore this Property

Beautiful Riviera view property offers endless possibilities. This property is in a prime location and positioned perfectly as a family compound, short or long term rental opportunities, or a 1031 Exchange investment property. A total of four units gives you the option to live in one and collect income from the other three! Live the Santa Barbara dream at 821 E. Pedregosa - a large Craftsman-style home with stunning city, ocean and island views - while generating income from the three apartments tucked discreetly at the back of the property. 823 E. Pedregosa is a legal triplex - each unit offers a full kitchen, laundry and outdoor space with views. The main house is bathed in natural light and exudes character and charm while offering you the comfort and convenience of modern amenities. There are four bedrooms and three full bathrooms with a bedroom on the main level or an optional home office that has a separate entrance. Upstairs, there are three bedrooms and two baths and a large central playroom (or home office) with doors to an upper deck to relax and enjoy the spectacular city, ocean and island views. The stone fireplace in the living room makes for a cozy setting with another view deck on the main level. The updated kitchen opens to a large trellis deck to grill and dine al fresco while enjoying the lush gardens. 823 E. Pedregosa is a Legal Triplex. Three income producing units are tucked at the rear of the property in a lovely lush setting with views. There are two one bedroom one bathroom units and a studio; each unit has its own water heater and electrical panel. This home plus three income producing units offers an exciting chance to live on the Santa Barbara Riviera neighboring Orpet Park, the Riviera Theatre, the luxurious El Encanto Hotel and is just a short jaunt to the historic SB Mission and beautiful Rose Garden.
MLS# 24-577

Courtesy Of Village Properties, Inc.

(805) 681-8800

Open Houses

June

1

Saturday

In Person

Saturday, June 1, 2024

5:00PM - 7:00PM

June

2

Sunday

In Person

Sunday, June 2, 2024

5:00PM - 7:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Refrigerator, Washer
  • Architecture Style
    Craftsman
  • Exterior Type
    Wood Siding
  • Fireplace
    Fireplace
  • Floor Covering
    Hardwood, Laminate, Tile
  • Heating System
    Fireplace, Forced Air
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath
  • View Type
    City, Harbor, Ocean

Map and Directions

Directions to 821 & 823 E Pedregosa Street, Santa Barbara, CA 93103

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(949) 492-5413
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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