519 W Los Olivos Street, SANTA BARBARA, CA 93105 (MLS# 23-2959)

Your search results

519 W Los Olivos Street, SANTA BARBARA, CA 93105

$1,200,000

Virtual Tour

https://www.zillow.com/view-3d-home/dcf49b1e-bd70-4292-9d6d-f1d02a4254e9/?utm_source=captureapp

Property Type: Res Inc Square Footage: 1,625 Lot Size (sq. ft.): 8,712 Status: Closed

Current Price: $1,200,000 List Date: 10/02/2023 Last Modified: 8/11/2026

Overview

Description

Investment opportunity with upside in a prime Santa Barbara location! Positioned in a hub of growth, and eligible for the City's AUD Medium-High Density Program (i.e. more units), this duplex with R-3 zoning is poised for lucrative future development. The current 2 bed/1 bath + 1 bed/1 bath single level configuration makes for solid rentability. The detached 2 car garage offers options for a potential ADU. With Cottage Hospital nearby, and all the shops and dining along the De La Vina corridor, this property has tremendous upside potential.

Listing Details MLS# 23-2959

Location Info

District: 20 - SB/WEST OF STATE
Street #: 519
Dir: W
Street Name: Los Olivos
Street Suffix: Street
State: CA
Country: US
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: N12
County: Santa Barbara
Parcel Number: 025-210-002
Cross Street: Oak ParkLn

Contract Info

Price: 1350000
Buyers Agent $/%: 2.5
Begin Date: 2023-10-02

Status Information

Sold Date: 2023-12-07
Under Contract Date: 2023-11-06

Property Information

Number of Units: 2
Stories: Yes
Year Built: 1956
Main House SqFt: 1625
Apx # Acres: 0.2
Apx Lot SqFt: 8712
Recurring Fees: No

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

More Information

Miscellaneous

Parking Spaces: 2
# Refrigerators: 2
# Stoves: 2

Unit 1

# Units: Yes
# Bedrooms: 2
# Baths: Yes
Furnished: N
Rent: 1600
Monthly Total: 1600
# Half Baths: 0
M/M: Yes

Unit 2

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 1600
Monthly Total: 1600
M/M: Yes

Meters

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

Parking Info

Total # Garage Spaces: 2
Gar #2: Yes
Detached: Yes

Neighborhood/Schools

Elementary School: Adams
Junior High School: LaCumbre
High School: San Marcos

Condition

Good: Yes
Average: Yes

Foundation

Slab: Yes

Proximity

Near Bus: Yes
Near Hospital: Yes
Near Park(s): Yes
Near School(s): Yes
Near Shopping: Yes

Laundry

Laundry Room: Yes
Other: Yes

Amenities

Patio: Yes
Fireplace: Yes
Gas Stove: Yes
Ovens/Bltin: Yes
Refrigerator: Yes

Security

Smoke Detector(s): Yes

Heating

Wall: Yes

Zoning

R-3: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Flr/Wdw Coverings

Carpet: Yes
Wood/Laminate: Yes

Pub Listing Details

Estate Sale: Yes

Property Features

Unit 1: M/M Unit 2: M/M Condition: Good; Average Foundation: Slab Parking Info: Gar #2; Detached Proximity: Near Bus; Near Hospital; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room; Other Amenities: Patio; Fireplace; Gas Stove; Ovens/Bltin; Refrigerator Security: Smoke Detector(s) Heating: Wall Zoning: R-3 Terms: Cash; Conventional Listing Type: ER Pub Listing Details: Estate Sale

Documents

Floor Plan ›

Listing Office: Village Properties

Last Updated: August - 11 - 2026

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.