For SaleRisky Deal29 days on market
1021/1029 Las Alturas Rd
1021/1029 Las Alturas Rd, Santa Barbara, CA 93103, Santa Barbara, CA 93103
$3,995,000
Estimate®:$3,796,100
Listing Price
1021/1029 Las Alturas Rd, Santa Barbara, CA 93103
Loc: Santa Barbara, CA
Days Listed
29
Estimate®
$3796k
Market Rate
Lot Size
0.56 acres
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.
4
Cleveland Elementary School
K-6
1 mi away
3
Santa Barbara Junior High School
7-8
1 mi away
6
Santa Barbara Senior High School
9-12
1 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
contemporarycoastalopen-conceptpanoramic-viewstucco-exteriorwooden-beam-ceilinglarge-picture-windowspatioindoor-outdoor-flowsereneluxuriousnatural-lightneutral-palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.2%
Cash Flow
$-615/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-615/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • 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 |
|---|---|---|---|
| 2026-08-28 | Listed for sale | $3,995,000 | $1,393 |
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