1215 De La Vina Street L, SANTA BARBARA, CA 93101 (MLS# 23-558)

Your search results

1215 De La Vina Street L, SANTA BARBARA, CA 93101

$875,000

Property Type: Commercial Sale Square Footage: 1,805 Status: Closed

Current Price: $875,000 List Date: 3/04/2023 Last Modified: 3/26/2025

Overview

Description

Rare spacious office condominium for sale by downtown Santa Barbara! Unique Owner's Unit at ''La Tierra'' has been kept by the Association builder for their own use as a deluxe architect's suite since being opened in 1982. Featuring soaring 2-story 20-foot ceilings, and an end-unit corner location with many light-filled south- and west-facing windows, this centrally-located 1680+/- SF multi-space suite, can work equally well for an owner-user or for a pure investor. Seller will provide 80% Seller-financing @ 5% annual interest rate for 10 years, making the economics even more attractive beyond the competitive price per SF; consider also for debt-balancing a 1031 multi-property exchange. Financial pro-forma and other info in the Offering Memorandum under Documents. Fantastic opportunity!

Listing Details MLS# 23-558

Location Info

District: 20 - SB/WEST OF STATE
Street #: 1215
Street Name: De La Vina
Street Suffix: Street
Unit/Space #: L
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 039-340-012
Cross Street: Anapamu

Contract Info

Price: 925000
Financing: Owner
Buyers Agent $/%: 3
Begin Date: 2023-03-04

Property Information

TYP: Business
For Sale/Lease: For Sale
Year Built: 1982
Stories: 2
#Offices: Yes
Gross Sq Ft: 1805
Nt Rt Sq Ft.: 1680

Owner Info

Deposit: 3

Remarks

COVID Showing Remarks: Please follow local health guidelines regarding COVID.
Directions: On De La Vina Street between Anapamu and Victoria. Park in visitor parking area towards the association entrance. Suite L is at the back of the building upstairs, use exterior stairs up to entry door
Hot Sheet Comment: price

Status Change Info

Sold Date: 2023-12-01
Under Contract Date: 2023-11-10

More Information

Condition

Good: Yes

Heating

Elec: Yes

Cooling

A/C Central: Yes

Use

Office: Yes

Zoning

C-2: Yes

Terms

OWC 1st: Yes

Listing Type

ER: Yes

Parking

Uncovrd: Yes
Reservd: Yes

Contingent Remarks

OTHER: Yes

1031 Exchange

No: Yes

Property Features

Use: Office Zoning: C-2 Condition: Good Parking: Uncovrd; Reservd Cooling: A/C Central Heating: Elec 1031 Exchange: No Terms: OWC 1st Listing Type: ER Contingent Remarks: OTHER

Documents

Offering Memorandum (unbranded version) ›

Floor Plan ›

Overhead Property Layout ›

Vicinity Map ›

Listing Office: Berkshire Hathaway HomeServices California Properties

Last Updated: March - 26 - 2025

The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.