3737-3739 San Remo Drive, SANTA BARBARA, CA 93015
Overview
Description
Supplements: ... (Read more) Parking includes two single-car garages plus a single-car carport. Located within the highly desirable Monte Vista Elementary and La Colina Junior High School attendance areas. Ideal for investors or owner-occupants seeking rental income and owner-occupied financing in one of Santa Barbara's most sought-after neighborhoods. Duplexes in San Roque are rarely available, making this a unique opportunity. Smaller duplex next door with two 2b/1.5b units and no garages sold recently. The negotiated sales price was $1,715,000 (Gross Rent Multiplier: 20.4) and final sales price was $1,706,600 because of a credit for a new sewer lateral. The Gross Rent Multiplier for this property is 18.8 making it a more attractive investment. The sellers only pay 15% of the trash, sewer, and water bill and the tenants pay the remainder of the bill.
Listing Details MLS# 26-29
Location Info
- District
- 15 - SB/EAST OF STATE
- Street #
- 3737-3739
- Street Name
- San Remo
- Street Suffix
- Drive
- State
- CA
- Country
- US
- Postal Code
- 93015
- Compass Map
- Santa Barbara
- Map Grid
- M10
- County
- Santa Barbara
- Parcel Number
- 053-211-002
- Cross Street
- Hope Avenue
Contract Info
- Price
- 1749000
- Financing
- Cash
- Seller Consider Concessions
- Yes
- Begin Date
- 2026-01-05
Status Information
- Sold Date
- 2026-01-23
- Under Contract Date
- 2026-01-13
Property Information
- Number of Units
- 2
- Stories
- 2
- Year Built
- 1966
- Main House SqFt
- 2116
- Apx # Acres
- 0.12
- Apx Lot SqFt
- 5227
- Recurring Fees
- No
NeighborhoodSchools
- Neighborhood
- 15 - San Roque
Remarks
- Hot Sheet Comment
- new
More Information
Owner Info
- Deposit
- 3
Miscellaneous
- # Refrigerators
- 2
- # Stoves
- 2
Unit 1
- # Units
- Yes
- # Bedrooms
- 3
- # Baths
- 2
- Furnished
- N
- Rent
- 4150
- Monthly Total
- 4150
- # Half Baths
- 0
- Lease
- Yes
Unit 2
- # Units
- Yes
- # Bedrooms
- 2
- # Baths
- 2
- Rent
- 3595
- Monthly Total
- 3595
- # Half Baths
- 0
Meters
- Sep Meter Elec
- Y
Parking Info
- Total # Carport Spaces
- Yes
- Total # Garage Spaces
- 2
- Total # Unconvered Spaces
- Yes
- Garage
- Yes
- Gar #2
- Yes
- Carport
- Yes
- Outside
- Yes
- Inside Entrance
- Yes
Neighborhood/Schools
- Elementary School
- Monte Vista
- Junior High School
- LaColina
- High School
- San Marcos
Condition
- Excellent
- Yes
Foundation
- Slab
- Yes
Proximity
- Near Bus
- Yes
- Near Park(s)
- Yes
- Near School(s)
- Yes
- Near Shopping
- Yes
Laundry
- In Unit
- Yes
Amenities
- Deck
- Yes
- Elec Stove
- Yes
- Dishwasher
- Yes
- Microwave
- Yes
- Washer
- Yes
- Dryer
- Yes
- Refrigerator
- Yes
- 220V
- Yes
Income/Expenses
- Total Monthly Income
- 7745
- Annual Income
- 92940
- Gross Rent Multiplr
- 18.8
- Insurance
- 148
- Water Expense
- 43
- Electric Expense
- 0
- Trash Expense
- 0
Security
- Smoke Detector(s)
- Yes
Heating
- Elec
- Yes
- Wall
- Yes
- Radia
- Yes
Zoning
- CLA
- Yes
Reports Available
- Home Inspection
- Yes
- Pest Inspection
- Yes
- Prelim
- Yes
- Leases
- Yes
- NHD
- Yes
- Other
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
Listing Type
- ER
- Yes
Flr/Wdw Coverings
- Wood/Laminate
- Yes
Pub Listing Details
- None
- Yes
Owner Provides
- Other
- Yes
Property Features
Documents

Natural Hazards Disclosure Report ›