535 Alameda Padre Serra, SANTA BARBARA, CA 93103 (MLS# 25-4161)

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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

Overview

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!

Listing Details MLS# 25-4161

Location Info

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

Contract Info

Price: 1950000
Financing: Cash
Seller Consider Concessions: Yes
Begin Date: 2025-11-14

Status Information

Sold Date: 2026-04-17
Under Contract Date: 2026-01-19

Property Information

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

NeighborhoodSchools

Neighborhood: 15 - Riviera/Lower

Remarks

Hot Sheet Comment: new

More Information

Owner Info

Deposit: 3

Unit 1

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

Unit 2

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

Neighborhood/Schools

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

Condition

Excellent: Yes

Laundry

Laundry Room: Yes

Income/Expenses

Total Monthly Income: 7300
Annual Income: 87600

Zoning

R-2: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes

Parking Info

Garage: Yes
Outside: Yes

Flr/Wdw Coverings

Hardwood: Yes

Property Features

Condition: Excellent Parking Info: Garage; Outside Laundry: Laundry Room Zoning: R-2 Terms: Cash; Conventional Listing Type: ER

Listing Office: Compass

Last Updated: April - 17 - 2026

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