1323 De La Vina Street, SANTA BARBARA, CA 93101
$5,200,000
Property Type:
Res
Bedrooms:
8
Baths:
8.5
Square Footage:
3,815
Lot Size (sq. ft.):
13,068
Status:
Closed
Current Price:
$5,200,000
List Date:
2/23/2023
Last Modified:
7/12/2023
Description
Charming classic boutique inn in the heart of downtown Santa Barbara! Features 8 beds, 8.5 baths incl. two private suites with separate entrances, a penthouse, 7 fireplaces, and an abundance of history preserved in its original wood flooring, windows and other decor. Could also be used as a combination of profitable business plus residence - rent some of the rooms while you live in part of it. The flexible C-G zoning and ideal size/layout allow for multiple revenue streams - the fantastic garden space for events and weddings are popular, along with easy-to-manage whole-property buyouts. All future booking income, guest lists, licenses and designer furnishings included. Operating at a 7% cap rate, with upside using new wine/beer/catering license. See Offering Memorandum under Documents.
More Information MLS# 23-484
Location Info
District: 20 - SB/WEST OF STATE
Street #: 1323
Street Name: De La Vina
Street Suffix: Street
State/Province: CA
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Number: 039-121-009
Cross Street: Sola
Walk Score: 94
Contract Info
Current Price: $5,200,000
Price: 5880000
Buyers Agent $/%: 2.5
Affordable Housing: No
Begin Date: 2023-02-23
Status: Closed
Status Information
Financing: CTNL
Sold Date: 2023-07-11
Sold Price: $5,200,000
Under Contract Date: 2023-04-28
Property Information
TYP: Home/Estate
Total Bedrooms: 8
Total Bathrooms: 8.5
Total Full Baths: 8
Total Half Baths: 1
Year Built: 1898
Total SqFt.: 3815
Source: Measured
Apx # Acres: 0.3
Apx Lot SqFt: 13068
ADU: No
Within City Limits: No
Total #Units: 1
Recurring Fees: No
Neighborhood/Schools
Neighborhood: 15 or 20 - Downtown
Elementary School: Peabody
Junior High School: S.B. Jr.
High School: S.B. Sr.
Remarks
COVID Showing Remarks: Do not go inside if symptomatic, follow local health guidelines.
Directions: On De La Vina Street between Victoria and Sola.
Hot Sheet Comment: new
Geo Lat: 34.422437
Geo Lon: -119.70896
Owner Info
Deposit: 3
Parking/Garage
Total # Uncovered Spaces: 8
Property Features
Condition: Excellent
Style: Victorian
Construction: Tri-Level
Roof: Composition
Foundation: Raised
Exterior: Wood Siding; Wood Shingles
Grounds/Landscaping: Lawn; Fenced: BCK
View: Mountain(s); Setting
Location/Topo: Level
Proximity: Near Bus; Near Park(s); Near Shopping; Restaurants
Dining: Formal
Appliances Included: Dishwasher; Dryer; Gas Range; Refrigerator; Washer
Fireplace(s): 2+; Dining Room; LR; Other; Primary Bedroom
Flr/Wdw Coverings: Carpet; Hardwood; Tile
Cooling: Window Unit(s)
Heating: Forced Air
Water/Sewer: S.B. Wtr
Zoning: C-2
Reports Available: Home Inspection; Pest Inspection
Terms: Cash; Ctnl
Contingent Remarks: HOME INSPECTN; OTHER
Documents
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: July - 12 - 2023
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