118 W Pedregosa Street, SANTA BARBARA, CA 93101 (MLS# 25-3016)

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118 W Pedregosa Street, SANTA BARBARA, CA 93101

$2,510,535

Property Type: Res Inc Square Footage: 3,035 Lot Size (sq. ft.): 13,503 Status: Closed

Current Price: $2,510,535 List Date: 8/11/2025 Last Modified: 10/24/2025

Overview

Description

Property consists of a well-maintained 3 bedroom house up front with a workshop/laundry room below. At the rear portion of the property, there are (2) one bedroom apartments over a 4 car garage. There is the potential to add (2) 2 bedroom ADU units on the property between the front house and the apartments. Property will be delivered vacant at close of escrow. See sales flyer for more details.

Listing Details MLS# 25-3016

Location Info

District: 20 - SB/WEST OF STATE
Street #: 118
Dir: W
Street Name: Pedregosa
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 025-363-013
Cross Street: Chapala

Contract Info

Price: 2695000
Seller Consider Concessions: Yes
Begin Date: 2025-08-08

Status Information

Sold Date: 2025-10-23
Under Contract Date: 2025-09-05

Property Information

Number of Units: 3
Year Built: 1987
Main House SqFt: 3035
Apx Lot SqFt: 13503
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Miscellaneous

Parking Spaces: 4
# Refrigerators: 3
# Stoves: 3

Unit 1

# Units: Yes
# Bedrooms: 3
# Baths: Yes
Furnished: N
Rent: 5500
Monthly Total: 5500
# Half Baths: 0

Unit 2

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 2900
Monthly Total: 2900

Unit 3

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 2900
Monthly Total: 2900

Meters

Sep Meter Wtr: N
Sep Meter Elec: Y
Sep Meter Gas: Yes

Parking Info

Total # Garage Spaces: 4
Garage: Yes

Neighborhood/Schools

Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.

Condition

Good: Yes

Foundation

Raised: Yes

Proximity

Near Bus: Yes
Near Hospital: Yes
Near Shopping: Yes

Laundry

Laundry Room: Yes

Amenities

Deck: Yes
Patio: Yes
Fireplace: Yes
Gas Stove: Yes
Disposal: Yes
Washer: Yes
Dryer: Yes
Refrigerator: Yes

Income/Expenses

Total Monthly Income: 11300
Annual Income: 135600
Gross Rent Multiplr: 19.9
NOI: 84856

Heating

GFA: Yes

Pets

Yes: Yes

Zoning

R-3: Yes

Reports Available

TDS: Yes
Build Plans: Yes
Appraisal: Yes
NHD: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Flr/Wdw Coverings

Carpet: Yes
Wood/Laminate: Yes
Tile: Yes

Owner Provides

Water: Yes
Trash: Yes

Exchange

No: Yes

Property Features

Condition: Good Foundation: Raised Parking Info: Garage Proximity: Near Bus; Near Hospital; Near Shopping Laundry: Laundry Room Amenities: Deck; Patio; Fireplace; Gas Stove; Disposal; Washer; Dryer; Refrigerator Heating: GFA Pets: Yes Owner Provides: Water; Trash Zoning: R-3 Reports Available: TDS; Build Plans; Appraisal; NHD Exchange: No Terms: Cash; Conventional Listing Type: ER

Documents

Sales Flyer ›

Listing Office: JT Real Estate Group

Last Updated: October - 24 - 2025

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