FOR_SALERisky Deal3 days on market

2030 Gillespie St

2030 Gillespie St, Santa Barbara, CA 93101, Santa Barbara, CA 93101
$1,645,000
Zestimate®:$1,622,500

Listing Price

Property image 1
2030 Gillespie St, Santa Barbara, CA 93101
Loc: Santa Barbara, CA
Days Listed
3
Tax Assessed
$494k
Zestimate®
$1623k
Market Rate
Lot Size
5,227 sqft
Rent Estimate
$5,561/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Harding University Partnership

K-6
0.4 mi away
6

La Cumbre Junior High School

7-8
0.2 mi away
8

San Marcos Senior High School

9-12
3.7 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.22%
Total ROI
5.7%
Cash Flow
$-3,907/mo
DSCR
0.53
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-27Listed for sale$1,695,000$1,471
2026-07-20Sold$1,283,000$1,114
2003-05-09Sold$400,000$347
1999-01-21Sold$250,000$217

Tax History

YearProperty TaxTax Assessment
2025$5,182.42$494,180
2024$5,091.92$484,491
2023$4,997.56$474,992
2022$4,909.9$465,679
2021$4,794.24$456,549
2020$4,743.82$451,868
2019$4,659.76$443,008
2018$4,592.18$434,323
2017$4,439.1$425,808
2016$4,400.44$417,460
2015$4,280.04$411,191
2014$4,280.04$403,137
2012$0$393,448
2011$0$385,735
2010$0$382,853
2009$0$383,764
2008$0$376,240
2007$0$368,863
2006$0$361,632
2005$0$354,542
2003$0$52,445
2002$0$51,418
2001$0$50,411
2000$0$275,400
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,152
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $1,645,000Rent Basis: Observed Comp Model ($5,561/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $823/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.30%

NOI: $37,801/yr

Cash-on-Cash Yield
-17.1%

On $378,350 invested

DSCR Ratio
0.37x

Negative debt coverage

5-Yr Leveraged ROI
+8.8%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$309/mo
Homeowner / Hazard Insurance-$823/mo
Vacancy Reserve (5% of rent)-$278/mo
Repairs & Maintenance (10% of rent)-$556/mo
Property Management (8% of rent)-$445/mo
Total Pure Operating Expenses-$2,411/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,561/mo
Less: Operating Expenses-$2,411/mo
Net Operating Income (NOI)+$3,150/mo
Less: Debt Service (30yr @ 6.75%)-$8,536/mo
Net Cash Flow
$-5,385/mo
$-64,625/year
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