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610 W Valerio St & 1702 Sunset Ave, SANTA BARBARA, CA 93101

$1,685,000
Property Type: Res Inc Lot Size (sq. ft.): 4,792 Status: Closed
Current Price: $1,685,000 List Date: 1/20/2026 Last Modified: 5/16/2026

Overview

Description

New price! A unique opportunity to own 2 homes plus studio in a prime Santa Barbara location, offering exceptional versatility for investors, multigenerational living or those seeking to offset ownership costs with rental income. Fully rented, total income could be $10,900/ month at a 5.3 Cap Rate. 610 W Valerio is a charming 2- bedroom/ 1- bathroom home with original hardwood floors and a private patio. 1702 Sunset is set up as a spacious 4- bedroom/ 2- bathroom house with a rooftop patio and mountain views, and a bright studio with a private patio. The houses are separately metered, have their own laundry areas and a shared driveway for off- street parking. Recent updates include a newer sewer line, new water heater, roof, fresh paint and new carpet in 610 Valerio and

Supplements: a new water heater, new kitchen cabinets & countertops in 1702 Sunset. This is an ideal investment property with the opportunity to live in one unit and generate rental income!

Listing Details MLS# 26-198

Location Info

District
20 - SB/WEST OF STATE
Street #
610
Dir
W
Street Name
Valerio St & 1702 Sunset Ave
State
CA
Country
US
Postal Code
93101
Compass Map
Santa Barbara
Map Grid
N12
County
Santa Barbara
Parcel Number
043-192-011
Cross Street
Sunset Ave

Contract Info

Price
1795000
Seller Consider Concessions
Yes
Begin Date
2026-01-20

Status Information

Sold Date
2026-05-14
Under Contract Date
2026-04-18

Property Information

Number of Units
2
Year Built
1930
Apx # Acres
0.11
Recurring Fees
No

NeighborhoodSchools

Neighborhood
20 - Westside

Remarks

Hot Sheet Comment
price

More Information

Owner Info

Deposit
3

Unit 1

# Units
Yes
# Bedrooms
4
# Baths
2
Furnished
N
Rent
4500
Monthly Total
4500
# Half Baths
0

Unit 2

# Units
Yes
# Bedrooms
2
# Baths
Yes

Unit 3

# Units
Yes
# Baths
Yes

Neighborhood/Schools

Elementary School
Adams
Junior High School
LaCumbre
High School
San Marcos

Zoning

Other
Yes

Reports Available

Home Inspection
Yes
Prelim
Yes
Leases
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Property Features

Zoning: Other Reports Available: Home Inspection; Prelim; Leases Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: May - 16 - 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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