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Hope Ranch Apartments apartments in Santa Barbara, CA

Updated

Hope Ranch Apartments

3999 Via Lucero, Santa Barbara, CA 93110, USA

4.3 (61 reviews) Official Website

Live pricing, refreshed

6
Units Listed
$2,687
Starting at
$2,874
Average
$2,967
Highest
$4.75
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Hope rent trends

Rent Distribution

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (6)

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$261K

$3.1M annual run rate

Est. Occupancy

94%

of about 108 units (reported building size)

Effective Rent on New Leases

$2,557

vs $2,874 current asking ($317 negotiation gap)

Recent Lease Activity

18 units tracked; 12 assumed leased, 6 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

6

Moderate availability

2 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Santa Barbara, CA

Similar

Comparing this building against 3 similar Santa Barbara, CA apartments by price. Click any bar to view that building.

See rent trends on the Santa Barbara, CA map Explore Santa Barbara, CA on the interactive map

Available Units

6 units
1 Bed / 1 Bath Plan 1A
$2,687/mo
515 ft² · $5.22/ft² · #C08
Down $2 since Jul 19 (was $2,689)
1 Bed / 1 Bath Plan 1A
$2,687/mo
515 ft² · $5.22/ft² · #C20
Down $2 since Jul 19 (was $2,689)
1 Bed / 1 Bath Plan 1B
$2,967/mo
650 ft² · $4.56/ft² · #6813
Down $30 since Jul 17 (was $2,997)
1 Bed / 1 Bath Plan 1B
$2,967/mo
650 ft² · $4.56/ft² · #6819
Down $30 since Jul 17 (was $2,997)
1 Bed / 1 Bath Plan 1B
$2,967/mo
650 ft² · $4.56/ft² · #6820
Down $30 since Jul 17 (was $2,997)
1 Bed / 1 Bath Plan 1B
$2,967/mo
650 ft² · $4.56/ft² · #7403
Down $30 since Jul 17 (was $2,997)

Train activity

Train activity nearby

Freight line 2,036 ft away

  • Trains pass infrequently
  • No road crossing within earshot. Horns unlikely.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Santa Barbara, CA notes

No resident notes for this property yet.

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