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OFF_MARKETRisky Deal4 days on market

117 Santa Cruz Blvd

117 Santa Cruz Blvd, Santa Barbara, CA 93109, Santa Barbara, CA 93109
$2,250,000
Zestimate®:$2,266,800$16,800 Under Market

Listing Price

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117 Santa Cruz Blvd, Santa Barbara, CA 93109
Loc: Santa Barbara, CA
Days Listed
4
Tax Assessed
$89k
Zestimate®
$2267k
1% Under Valued
Lot Size
6,970 sqft
Rent Estimate
$7,870/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.

6

Washington Elementary School

K-6
0.4 mi away
6

La Cumbre Junior High School

7-8
2 mi away
8

San Marcos Senior High School

9-12
5 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
2.82%
Total ROI
3.7%
Cash Flow
$-6,096/mo
DSCR
0.46
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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
2026-08-14Pending sale$2,250,000$1,588
2026-08-04Listed for sale$2,250,000$1,588

Tax History

YearProperty TaxTax Assessment
2026$0$88,511
2025$961.98$86,776
2024$944.96$85,075
2023$927.08$83,408
2022$910.56$81,774
2021$887.58$80,172
2020$878.1$79,351
2019$862.8$77,796
2018$850.2$76,271
2017$822.1$74,777
2016$891.12$73,312
2015$869.2$72,212
2014$869.2$70,798
2012$0$69,098
2011$0$67,744
2010$0$67,239
2009$0$67,400
2008$0$66,080
2007$0$64,785
2006$0$63,516
2005$0$62,271
2003$0$59,933
2002$0$58,759
2001$0$57,608
2000$0$56,479
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,417
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: $2,250,000Rent Basis: Observed Comp Model ($7,870/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $1,125/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.60%

NOI: $58,555/yr

Cash-on-Cash Yield
-15.8%

On $517,500 invested

DSCR Ratio
0.42x

Negative debt coverage

5-Yr Leveraged ROI
+15.4%

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)-$55/mo
Homeowner / Hazard Insurance-$1,125/mo
Vacancy Reserve (5% of rent)-$394/mo
Repairs & Maintenance (10% of rent)-$787/mo
Property Management (8% of rent)-$630/mo
Total Pure Operating Expenses-$2,990/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,870/mo
Less: Operating Expenses-$2,990/mo
Net Operating Income (NOI)+$4,880/mo
Less: Debt Service (30yr @ 6.75%)-$11,675/mo
Net Cash Flow
$-6,795/mo
$-81,542/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
DSCR Tool
Loan qualification
Rental Cash Flow
6-month reserves
Leveraged ROI
10-year compounding
Deal Scorecard
1% Rule test
Pure NOI
Operating ratios

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