For SaleRisky Deal4 days on market
2016 Monterey St
2016 Monterey St, Santa Barbara, CA 93101, Santa Barbara, CA 93101
$1,980,000
Estimate®:$1,888,200
Listing Price
2016 Monterey St, Santa Barbara, CA 93101
Loc: Santa Barbara, CA
Days Listed
4
Tax Assessed
$878k
Estimate®
$1888k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$6,611/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
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Spanish Colonial Revivalstucco exteriorred tile roofsingle-storyranch stylesymmetrical designgabled roofxeriscapinggravel landscapingsunset lightingcozy curb appealtraditional architecturewalkway entrance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.15%
Total ROI
5.6%
Cash Flow
$-6,722/mo
DSCR
0.35
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-6,722/mo net cash flow with a 2.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Santa Barbara, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $1,980,000 | $1,389 |
| 2023-05-10 | Sold | $850,000 | $596 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $878,376 |
| 2025 | $9,124.24 | $861,153 |
| 2024 | $8,491.32 | $799,170 |
| 2023 | $8,578.36 | $806,310 |
| 2022 | $3,961.14 | $369,269 |
| 2021 | $3,868.6 | $362,030 |
| 2020 | $3,828.48 | $358,319 |
| 2019 | $3,761.82 | $351,294 |
| 2018 | $3,708.36 | $344,407 |
| 2017 | $3,585.9 | $337,655 |
| 2016 | $3,573.72 | $331,035 |
| 2015 | $3,534.98 | $326,064 |
| 2014 | $3,478.44 | $319,678 |
| 2012 | $0 | $311,996 |
| 2011 | $0 | $305,879 |
| 2010 | $0 | $303,594 |
| 2009 | $0 | $304,317 |
| 2008 | $0 | $298,351 |
| 2007 | $0 | $292,502 |
| 2006 | $0 | $286,767 |
| 2005 | $0 | $281,145 |
| 2003 | $0 | $270,582 |
| 2002 | $0 | $55,573 |
| 2001 | $0 | $54,484 |
| 2000 | $0 | $53,417 |
Similar Properties Nearby
Explore other investment opportunities in Santa Barbara.