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1220 Gillespie Street, SANTA BARBARA, CA 93101

$1,495,000
Property Type: Res Inc Lot Size (sq. ft.): 5,663 Status: Closed
Current Price: $1,495,000 List Date: 6/29/2022 Last Modified: 10/16/2025

Overview

Description

Great Investment Duplex Near Downtown Santa Barbara Located in a Prime Pocket of the Westside! .

Supplements: The units consist of a 3/1 + 2/1. The property has been meticulously maintained and is a great producing income property with very low maintenance and ton of rental upside. Perfect for owner users looking to supplement their income or investors who want to add an income property to the portfolio. This duplex would be a great addition. Enjoy ...

Listing Details MLS# 22-2171

Location Info

District
20 - SB/WEST OF STATE
Street #
1220
Street Name
Gillespie
Street Suffix
Street
State
CA
Country
US
Postal Code
93101
County
Santa Barbara
Parcel Number
039-141-024
Cross Street
Victoria St.

Contract Info

Price
1595000
Buyers Agent $/%
2.5
Begin Date
2022-06-28

Status Information

Sold Date
2022-10-06
Under Contract Date
2022-09-21

Property Information

Number of Units
2
Year Built
1957
Apx Lot SqFt
5663
Recurring Fees
No

NeighborhoodSchools

Neighborhood
20 - Westside

Remarks

COVID Showing Remarks
Please adhere to Covid protocols at all times while at property.
Hot Sheet Comment
price

More Information

Owner Info

Deposit
3

Unit 1

# Units
Yes
# Bedrooms
2
# Baths
Yes
Furnished
N
Rent
2355
Monthly Total
2355
# Half Baths
0
M/M
Yes

Unit 2

# Units
Yes
# Bedrooms
3
# Baths
Yes
Furnished
N
Rent
3995
Monthly Total
3995
# Half Baths
0

Meters

Sep Meter Elec
N
Sep Meter Gas
No

Neighborhood/Schools

Elementary School
Harding
Junior High School
S.B. Jr.
High School
S.B. Sr.

Condition

Excellent
Yes

Proximity

Near Bus
Yes
Near Ocean
Yes
Near Park(s)
Yes
Near Shopping
Yes

Laundry

In Unit
Yes

Income/Expenses

Total Monthly Income
6350
Annual Income
76200

Security

Smoke Detector(s)
Yes

Heating

Wall
Yes
GFA
Yes

Zoning

R-2
Yes

Reports Available

TDS
Yes
Home Inspection
Yes
Pest Inspection
Yes
Prelim
Yes
NHD
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Parking Info

Garage
Yes
Outside
Yes

Owner Provides

Water
Yes
Trash
Yes

Property Features

Unit 1: M/M Condition: Excellent Parking Info: Garage; Outside Proximity: Near Bus; Near Ocean; Near Park(s); Near Shopping Laundry: In Unit Security: Smoke Detector(s) Heating: GFA; Wall Owner Provides: Water; Trash Zoning: R-2 Reports Available: TDS; Home Inspection; Pest Inspection; Prelim; NHD Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: Compass
Last Updated: October - 16 - 2025
The 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 brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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