Off MarketNeutral Deal1 days on market
124 La Marina
124 La Marina, Santa Barbara, CA 93109, Santa Barbara, CA 93109
$5,195,000
Estimate®:$3,302,700
Listing Price
124 La Marina, Santa Barbara, CA 93109
Loc: Santa Barbara, CA
Days Listed
1
Tax Assessed
$3150k
Estimate®
$3303k
Market Rate
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
1 mi away
6
La Cumbre Junior High School
7-8
2.2 mi away
8
San Marcos Senior High School
9-12
5.4 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
modern farmhousestucco exteriorminimalistranch stylecovered entrywaylow-voltage landscape lightingcurb appeallush landscapingcontemporary designsingle-storyhardscaped drivewaywarm lightingretaining wallresidentialclean lines
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.34%
Total ROI
96.6%
Cash Flow
$479/mo
DSCR
1.02
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $479/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.3%)
- • Strong rental demand in Santa Barbara
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 |
|---|---|---|---|
| 2025-10-17 | Sold | $3,150,000 | $1,184 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $3,150,000 |
| 2025 | $2,950.68 | $275,449 |
| 2024 | $2,899.7 | $270,049 |
| 2023 | $2,846.48 | $264,755 |
| 2022 | $2,797.08 | $259,565 |
| 2021 | $2,731.08 | $254,476 |
| 2020 | $2,702.62 | $251,868 |
| 2019 | $2,655.58 | $246,931 |
| 2018 | $2,617.74 | $242,091 |
| 2017 | $2,457.68 | $237,345 |
| 2016 | $2,477.22 | $232,692 |
| 2015 | $2,409.4 | $229,198 |
| 2014 | $2,409.4 | $224,709 |
| 2012 | $0 | $219,310 |
| 2011 | $0 | $215,011 |
| 2010 | $0 | $213,405 |
| 2009 | $0 | $213,913 |
| 2008 | $0 | $209,720 |
| 2007 | $0 | $205,609 |
| 2006 | $0 | $201,578 |
| 2005 | $0 | $197,627 |
| 2003 | $0 | $190,203 |
| 2002 | $0 | $179,635 |
| 2001 | $0 | $176,114 |
| 2000 | $0 | $172,662 |
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