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Renovated Craftsman Duplex
For Sale
$2,795,000

2422 Fletcher Avenue, Santa Barbara, CA 93105

Res Inc, SANTA BARBARA, CA

Property Size1,375 SF
Lot Size0.16 Acres
Price / SF$2,032
Days on Market94

Property Features for 2422 Fletcher Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 4
Full bathrooms 3
Rooms Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2
Parking 5
Pets allowed Yes
Subdivision 20 - Oak Park
Lot features Near Public Transit
Elementary school Adams
Middle school LaCumbre
High school S.B. Sr.
Standard status Active
APN 025-052-017
Size 1,375 SF
Lot size 0.16 Acres

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

chef's kitchen
landscaped yard
hardscape
private entrance
in-unit laundry

Building Details

Number of units 2
Flooring type Vinyl, Tile
Listing Agency: Village Properties - 1
Listed By: David Magid
Added: Jun 16 Changed: Sep 15 Last Checked: Sep 17 at 4:06PM
MLS# 26-2002

Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 2422 Fletcher Avenue in Santa Barbara, this R-3 duplex combines a restored Craftsman main residence with a separate upstairs apartment. The primary home provides single-level living with 3 bedrooms and 2 bathrooms, high ceilings, ample natural light, a custom-finished kitchen, new windows, and a landscaped outdoor area with hardscape for dining and entertaining. The independent apartment contains 1 bedroom and 1 bathroom and has its own private entrance.

The two residences are identified as A and B and feature separate addresses, meters, heating and cooling systems, and in-unit laundry. A three-year renovation included rebuilding the property from its original structure, along with a new roof and updated landscaping. Approved plans and permits are in place for two Junior ADUs at the rear, adding a documented expansion path for the property.

Key Highlights

  • 3‑bedroom, 2‑bathroom main residence with single‑level layout
  • Independent 1‑bedroom, 1‑bathroom apartment with private entrance
  • Separate addresses, meters, HVAC systems, and in‑unit laundry for units A and B

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,183
Businesses Nearby

Demographics for 93105, CA

26,003
Population
11,401
Households
2.3
Avg Household Size
49
Median Age
60%
College-Educated
94%
High-School Grad
139.8 sq mi
ZIP Area
186
Density / Sq Mi
$129,549
Median Household Income
$64,371
Median Earnings
$2,572
Median Rent
$1,496,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered residences include independent access, climate systems, and in-unit laundry, with approved plans for additional Junior ADUs.
Where is this duplex located?
The property is located at 2422 Fletcher Avenue Santa Barbara, CA.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bathroom main residence with single‑level layout; Independent 1‑bedroom, 1‑bathroom apartment with private entrance; Separate addresses, meters, HVAC systems, and in‑unit laundry for units A and B
More about this property
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