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535 Alameda Padre Serra, SANTA BARBARA, CA 93103

$1,825,000
Property Type: Res Inc Status: Closed
Current Price: $1,825,000 List Date: 12/01/2025 Last Modified: 4/17/2026

Description

Lower Riviera duplex offering a versatile opportunity with two fully updated units and sweeping south-facing views of the ocean, islands, and city skyline from each unit. Located just minutes from downtown this property is ideal for an owner-user or investor with room to add an ADU and enhance long-term value. The lower unit enjoys access to a view deck perfect for relaxing or entertaining. Inside, you'll find wood floors throughout, dual-pane windows with window coverings, and updated kitchens and bathrooms. Additional highlights include newer exterior paint, a shared, coin operated laundry room, and ample parking: each unit has open spaces and one-car garage with generous additional storage.

Supplements: Whether you're looking for a smart investment or a multi-generational living opportunity, this property delivers comfort, convenience, and incredible Santa Barbara views!

More Information MLS# 25-4161

Location Info

Country: US Compass Map: Santa Barbara Map Grid: P11 Cross Street: E Cota District: 15 - SB/EAST OF STATE Street #: 535 Street Name: Alameda Padre Serra State: CA Postal Code: 93103 County: Santa Barbara Parcel Number: 031-262-001

Contract Info

Financing: Cash Seller Consider Concessions: Yes Current Price: $1,825,000 Price: 1950000 Begin Date: 2025-11-14 Status: Closed

Property Information

Year Built: 1964 Recurring Fees: No Number of Units: 2

Neighborhood/Schools

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

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new

Condition

Excellent: 1

Laundry

Laundry Room: 1

Unit 1

# Units: 1 # Bedrooms: 2 # Baths: 1 # Half Baths: 0 Furnished: N Rent: 3650 Monthly Total: 3650

Income/Expenses

Total Monthly Income: 7300 Annual Income: 87600

Unit 2

# Units: 1 # Bedrooms: 2 # Baths: 1 # Half Baths: 0 Rent: 3650 Monthly Total: 3650

Zoning

R-2: 1

Terms

Cash: 1 Conventional: 1

Listing Type

ER: 1

Parking Info

Garage: 1 Outside: 1

Flr/Wdw Coverings

Hardwood: 1

Status Information

Sold Date: 2026-04-17 Sold Price: $1,825,000 Under Contract Date: 2026-01-19

NeighborhoodSchools

Neighborhood: 15 - Riviera/Lower

Property Features

Condition: Excellent Parking Info: Garage; Outside Laundry: Laundry Room Zoning: R-2 Terms: Cash; Conventional Listing Type: ER
Listing Office: Compass
IDX
Last Updated: April - 17 - 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.

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