For SaleRisky Deal67 days on market
2420 Modoc Rd
2420 Modoc Rd, Santa Barbara, CA 93105, Santa Barbara, CA 93105
$1,995,000
Estimate®:$1,934,800
Listing Price
2420 Modoc Rd, Santa Barbara, CA 93105
Loc: Santa Barbara, CA
Days Listed
67
Tax Assessed
$947k
Estimate®
$1935k
Market Rate
Lot Size
9,583 sqft
Rent Estimate
$7,974/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.
7
Adams Elementary School
K-6
0.5 mi away
6
La Cumbre Junior High School
7-8
0.2 mi away
8
San Marcos Senior High School
9-12
3.3 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
modernopen conceptvaulted ceilingsindoor-outdoor livingfloor-to-ceiling windowscontemporarypatiolandscapedspaciousluxurybrightneutral paletteminimalistsliding glass doors
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
2.74%
Total ROI
18.3%
Cash Flow
$-5,802/mo
DSCR
0.44
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,802/mo net cash flow with a 2.7% 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 |
|---|---|---|---|
| 2026-07-20 | Listed for sale | $1,995,000 | $790 |
| 2014-07-31 | Sold | $685,250 | $271 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $946,982 |
| 2025 | $9,833.22 | $928,415 |
| 2024 | $9,664.78 | $910,212 |
| 2023 | $9,489.18 | $892,366 |
| 2022 | $9,326.02 | $874,870 |
| 2021 | $9,111.14 | $857,717 |
| 2020 | $9,017.16 | $848,923 |
| 2019 | $8,860.14 | $832,278 |
| 2018 | $8,754.44 | $817,803 |
| 2017 | $7,990.64 | $756,612 |
| 2016 | $7,369.44 | $695,699 |
| 2015 | $4,445.72 | $685,250 |
| 2014 | $4,445.72 | $411,940 |
| 2012 | $0 | $402,039 |
| 2011 | $0 | $394,156 |
| 2010 | $0 | $391,211 |
| 2009 | $0 | $392,141 |
| 2008 | $0 | $384,453 |
| 2007 | $0 | $376,916 |
| 2006 | $0 | $369,526 |
| 2005 | $0 | $362,281 |
| 2003 | $0 | $348,669 |
| 2002 | $0 | $341,833 |
| 2001 | $0 | $335,132 |
| 2000 | $0 | $328,562 |
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