OFF MARKET

Off market may 2022 for $6.8M

—

Est. refi paymentEst. refi $53,509/mo

•

13,100

sq ft

111 N La Cumbre, Santa Barbara, CA 93110

About this home

Fee simple purchase opportunity of ''Kimi Gardens,'' a two-story garden style walk-up apartment property consisting of 17 units. Kimi Gardens has an ideal unit mix of sixteen 2BD/1BA units (785 SF on average) and one 1BD/1BA unit (522 SF). Residents enjoy a prime Upper State Street location within a quarter-mile of a La Cumbre Mall, Five Points Shopping Center, Target, dozens of retail stores and an abundance of dining options. Tenants share a common interior courtyard, an onsite coin operated laundry room, and private storage units. Each unit is separately metered for gas and electricity and has one dedicated parking space. Originally constructed in the early 1960s (approximate), Kimi Gardens has been on a land lease for the past 60 years which expires on February 28, 2022. Sellers have very limited information and records on the property; however, several inspection reports are available for a buyer's review including general building, pest, roof, and sewer lateral inspections. To Show: CLA to set up a tour Offers Due: March 11 @ 5pm. Seller reserves the right to accept an offer before the specified Offer Date.

Multi-familyProperty Type

1960Year Built

0.4 acresLot Size

$524Price/Sq.Ft.

18 garage spacesParking

Listed by • Hayes Commercial Group

Listed by Greg Bartholomew •DRE #01131126 • Hayes Commercial Group

Bought with Christos Celmayster •DRE #01342996 • Hayes Commercial Group

Redfin checked: 2 minutes ago

•Source:SBMLS #22-509

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 93110, CA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.2%

0.4% MoM

Median sale price

$1.7M

$22K MoM

Avg. days on market

56d

8 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 14 HRS AGO
$3,439,000
4 beds3 baths3,003 sq ft
4596 Sierra Madre Dr, Santa Barbara, CA 93110
OPEN SUN, 1PM TO 4PM
$7,995,000
3 beds4.5 baths3,968 sq ft
406 Via Dichosa, Santa Barbara, CA 93110
OPEN SAT, 2PM TO 4PM
$1,795,000
5 beds3 baths2,369 sq ft
69 Valdivia Dr, Santa Barbara, CA 93110
$399,000
2 beds1 bath900 sq ft
333 Old Mill Rd #3, Santa Barbara, CA 93110
$695,000
2 beds2 baths1,431 sq ft
333 Old Mill Rd #103, Santa Barbara, CA 93110
See all

Provided by Redfin

Sale history for 111 N La Cumbre

Year

Property tax

Land + Additions

Assessment*

2025

$83,626 (+9.3%)

$2,419,864 + $6,811,021

$9,230,885

2024

$76,483 (+1.9%)

$2,122,416 + $5,687,776

$7,810,192

2023

$75,071 (+323.6%)

$2,080,800 + $5,061,546

$7,142,346

2022

$17,723 (+3.7%)

$2,040,000 + $4,962,300

$7,002,300

2021

$17,084 (+1.1%)

$534,397 + $1,098,139

$1,632,536

2020

$16,904 (+3.0%)

$523,919 + $1,076,607

$1,600,526

2019

$16,404 (+234.0%)

$518,547 + $1,065,568

$1,584,115

2018

$4,911 (+3.4%)

$508,380 + $1,044,675

$1,553,055

2017

$4,751 (+1.8%)

$113,209 + $329,542

$442,751

2016

$4,667 (+1.0%)

$113,209 + $329,542

$442,751

2015

$4,619 (+1.6%)

$110,990 + $323,081

$434,071

2014

$4,548 (+1.4%)

$107,182 + $311,996

$419,178

2013

$4,487 (+3.0%)

$107,182 + $311,996

$419,178

2012

$4,355 (+2.0%)

$106,698 + $310,586

$417,284

2011

$4,270 (+0.7%)

$104,606 + $304,497

$409,103

2009

$4,242 (+2.6%)

$101,789 + $296,296

$398,085

2008

$4,136

$100,031 + $291,177

$391,208

Tax history for 111 N La Cumbre

Year

Property tax

Land + Additions

Assessment*

2025

$83,626 (+9.3%)

$2,419,864 + $6,811,021

$9,230,885

2024

$76,483 (+1.9%)

$2,122,416 + $5,687,776

$7,810,192

2023

$75,071 (+323.6%)

$2,080,800 + $5,061,546

$7,142,346

2022

$17,723 (+3.7%)

$2,040,000 + $4,962,300

$7,002,300

2021

$17,084 (+1.1%)

$534,397 + $1,098,139

$1,632,536

2020

$16,904 (+3.0%)

$523,919 + $1,076,607

$1,600,526

2019

$16,404 (+234.0%)

$518,547 + $1,065,568

$1,584,115

2018

$4,911 (+3.4%)

$508,380 + $1,044,675

$1,553,055

2017

$4,751 (+1.8%)

$113,209 + $329,542

$442,751

2016

$4,667 (+1.0%)

$113,209 + $329,542

$442,751

2015

$4,619 (+1.6%)

$110,990 + $323,081

$434,071

2014

$4,548 (+1.4%)

$107,182 + $311,996

$419,178

2013

$4,487 (+3.0%)

$107,182 + $311,996

$419,178

2012

$4,355 (+2.0%)

$106,698 + $310,586

$417,284

2011

$4,270 (+0.7%)

$104,606 + $304,497

$409,103

2009

$4,242 (+2.6%)

$101,789 + $296,296

$398,085

2008

$4,136

$100,031 + $291,177

$391,208

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

0.4 Acres

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Santa Barbara County

APN

057233009

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 17, 2026.

R-M

USS

Residential Multi-Unit District

This zone is intended to provide areas for a variety of multi-unit housing types. The regulations for this zone are intended to limit activities which would be inharmonious with or injurious to the preservation and character of a residential environment. Nonresidential uses are limited to those that support daily life of neighborhoods, complement surrounding residential development, and mitigate impacts to traffic, parking demand, light, glare, and noise.

Zone overlays

Upper State Street Area Overlay Zone

Permitted uses

Include but are not limited to:

Agriculture
Livestock production
Garden center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior

Property details

Parking

Parking Information
# of Garage Spaces: 18
# of Carport Spaces: 13
Parking Features: Carport, Uncovered

Interior

Interior Features
Laundry Features: Laundry Room

Unit 1 Information
# of Units: 16
# of Bedrooms: 2
# of Baths (Total): 1
Rent: $2,029
Monthly Total: $32,460
Furnished: N

Unit 2 Information
# of Units: 1
# of Bedrooms: 1
# of Baths (Total): 1
Rent: $1,600
Monthly Total: $1,600

Multi-Unit Information
# Of Units (Total): 17

Exterior

Exterior Features
Foundation Details: Slab

Property Information
Stories: 2
Property Condition: Fair

Lot Information
Lot Features: Near Public Transit
Zoning: Other, R-3

Location

School Information
Elementary School: Hope
Middle Or Junior School: LaColina
High School: San Marcos

Location Information
Cross Street: Via Lucero

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.4 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Santa Barbara County
APN: 057233009

Home facts updated by county records on Aug 17, 2026

Around this home

Schools

Monte Vista Elementary School

Public K-6 • Assigned • 0.7mi

10/10

La Colina Junior High School

Public 7-8 • Assigned • 0.6mi

8/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

6/10 Heat Factor

10 days above 83° expected this year, 26 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

10 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Santa Barbara, CA • 93110

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 5.7 hours in December, placing it above the U.S. average for solar exposure.

9.9 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

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New listings for sale in 93110

NEW 14 HRS AGO

$3,439,000

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4596 Sierra Madre Dr, Santa Barbara, CA 93110

OPEN SUN, 1PM TO 4PM

$7,995,000

3 beds4.5 baths3,968 sq ft

406 Via Dichosa, Santa Barbara, CA 93110

OPEN SAT, 2PM TO 4PM3D WALKTHROUGH

$1,795,000

5 beds3 baths2,369 sq ft

69 Valdivia Dr, Santa Barbara, CA 93110

$399,000

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333 Old Mill Rd #3, Santa Barbara, CA 93110

$695,000

2 beds2 baths1,431 sq ft

333 Old Mill Rd #103, Santa Barbara, CA 93110

Home values near 111 N La Cumbre

Data from public records.

Address	Redfin Estimate
3914 Via Lucero Apartment H, Santa Barbara, CA 2 Beds \| 1.5 Baths \| 782 Sq. Ft.	$753,190
3914 Via Lucero Apartment E, Santa Barbara, CA 2 Beds \| 1.5 Baths \| 850 Sq. Ft.	$747,075

Address	Redfin Estimate
3914 Via Lucero Apartment G, Santa Barbara, CA 2 Beds \| 1.5 Baths \| 800 Sq. Ft.	$701,635
3914 Via Lucero Apartment D, Santa Barbara, CA 2 Beds \| 1.5 Baths \| - Sq. Ft.	$614,287

Address	Redfin Estimate
3914 Via Lucero Apartment F, Santa Barbara, CA 2 Beds \| 2 Baths \| 1011 Sq. Ft.	$885,393
3914 Via Lucero Apartment C, Santa Barbara, CA 2 Beds \| 2 Baths \| 1030 Sq. Ft.	$826,563

Property information provided by undefined .

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 93110, CA

Sale history for 111 N La Cumbre

Tax history for 111 N La Cumbre

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 93110

Home values near 111 N La Cumbre

More real estate resources