425 N Milpas St, Santa Barbara, CA 93103 Property Records

Santa Barbara County property record for 425 N Milpas St, Santa Barbara, CA 93103

Property Summary

Property Type	Parking Lot
Lot Size	0.1 acres (4,356 sqft)
Owner	Company Name on File
Last Sale	$3,675,000 (Mar 2024)
Tax Bill	$7,308 (2025)
Deeds & Mortgages	Nov 2025 Mortgage Nov 2025 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`031-303-020`

Property Details

APN / Parcel Number

Primary APN	`031-303-020`
Alternative APN	`03130320`

Exterior

Lot Area	4,356 sqft (0.1 acres)

Location & Zoning

Street Address	425 N MILPAS ST
City	SANTA BARBARA
State	CA
Zip	93103-3138
Property Category	Commercial
Property Type	Commercial > Retail > Parking Lot
Local Zoning Code	C2
Legal Description	S.B.,CITY OF SUB BLK 241 POR LOTS 26 & 27
Legal Subdivision	SANTA BARBARA
Legal Block	241
Legal Lot Number	26
Jurisdiction	SANTA BARBARA CA
Township / Civil Division	SANTA BARBARA
Census Block Group	1
Census Block	1008
Census Tract	801

Owner

425 N Milpas St, a commercial property, is owned by a company that acquired it in August 2025.

Source: Santa Barbara County records, as of July 8, 2026

Owner of Record	Company Name on File
Mailing Address	8 S MICHIGAN AVE, 333, CHICAGO, IL 60603-3472
Owner Type	Company
Vesting	Limited Liability Partnership

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Nov 14, 2025	Deed of Trust, Mortgage · Commercial Mortgage MONTECITO BANK & TRUST
Nov 14, 2025	Deed of Trust, Mortgage · Commercial Mortgage MONTECITO BANK & TRUST
Mar 29, 2024	Grant Deed, Transfer · Line of Credit MONTECITO BANK & TRUST
Dec 28, 2021	Deed of Trust, Mortgage PACIFIC PREMIER BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Mar 29, 2024 · Amount on File
Deed Sale	Mar 29, 2024 · Amount on File
Prior Sale	Feb 2, 2012 · Amount on File
Deed Document Number	20249552
Last Transfer Date	Aug 5, 2025
Transfer Doc	0000024665
Record Updated	Oct 29, 2026

November 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA BARBARA CA
Property Address	425 N MILPAS ST, SANTA BARBARA, CA 93103-3138
Transaction Type	Mortgage
Record Updated	Nov 27, 2025
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	31275 LA BAYA DR, WESTLAKE VILLAGE, CA 91362-4006

Mortgage

Document Number	0000035549
Date	Nov 14, 2025
Instrument	2025-0035549

Lender

Name	MONTECITO BANK & TRUST
Type	Bank
Address	SANTA BARBARA, CA 93120

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

November 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA BARBARA CA
Property Address	425 N MILPAS ST, SANTA BARBARA, CA 93103-3138
Transaction Type	Mortgage
Record Updated	Nov 27, 2025
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	31275 LA BAYA DR, WESTLAKE VILLAGE, CA 91362-4006

Mortgage

Document Number	0000035551
Date	Nov 14, 2025
Instrument	2025-0035551

Lender

Name	MONTECITO BANK & TRUST
Type	Bank
Address	SANTA BARBARA, CA 93120

Agreement

Type	Commercial Mortgage
Amount	Amount on Record

March 2024: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA BARBARA CA
Recording Date	Mar 29, 2024
Property Address	425 N MILPAS ST, SANTA BARBARA, CA 93103-3138
Document Number	0000009552
Map Reference	MB 1 PG 4
Instrument Date	Feb 1, 2024
Instrument	2024-0009552
Transaction Type	Transfer
Record Updated	Apr 10, 2024
Title Company	FIRST AMERICAN TITLE COMPANY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants in Common
Address	827 REDDICK STREET, MALIBU, CA 90265

Mortgage

Document Number	0000009553
Date	Mar 29, 2024
Instrument	2024-0009553

Lender

Name	MONTECITO BANK & TRUST
Type	Bank
Address	SANTA BARBARA, CA 93120

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

December 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA BARBARA CA
Property Address	425 N MILPAS ST, SANTA BARBARA, CA 93103-3138
Transaction Type	Mortgage
Record Updated	Jul 25, 2022
Title Company	OLD REPUBLIC TITLE, OLD REPUBLIC TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1216 DEL ORO AVE, SANTA BARBARA, CA 93109-2106

Mortgage

Document Number	0000087357
Date	Dec 28, 2021
Instrument	2021-0087357

Lender

Name	PACIFIC PREMIER BANK
Type	Bank
Address	IRVINE, CA 92614

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 425 N Milpas St was $7,308.

Source: Santa Barbara County assessment roll, as of July 8, 2026

Property Jurisdictions

Type	Name
State	California
County	Santa Barbara County
Municipality	Santa Barbara City
Unified School District	Santa Barbara Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2026		$698,628 (+2%) Land $673,659 Building $24,969
2025	$7,308.00	$684,930 Land $660,450 Building $24,480
2023	$2,856.00 (+1.82%)	$261,970 Land $257,147 Building $4,823
2022	$2,805.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 425 N Milpas St in Zone X, an area of minimal flood risk, though there have been 8 flood claims nearby since 1995.

Source: FEMA National Flood Hazard Layer, effective June 9, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 45 policies
Nearby Flood Policies	45 in force
Nearby Flood Claims	8 (1995–2023)
Most Recent Claim	Dec 2023 · rainfall accumulation
Claims by Event	Severe Winter Storms, Flooding, Landslides, And Mudslides, Jan 2023 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 425 N Milpas St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF SANTA BARBARA WATER DEPARTMENT serves 93,334 people · EPA ID CA4210010
Water Source	Surface water
Last State Inspection	Dec 2025
Lead	3 ppb (2024–2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 830 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Cox Communications Cable · Fiber in parts of the area	2,000 / 100
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
T-Mobile Fixed Wireless	100 / 20

May also be available: Astound Broadband, GeoLinks.

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