2228 De La Vina Street, SANTA BARBARA, CA 93105 (MLS# 25-1981)

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2228 De La Vina Street, SANTA BARBARA, CA 93105

$2,125,000

2228 De La Vina St - int back unit kitch

2228 De La Vina St - int back unit bedro

2228 De La Vina St - int back unit entry

2228 De La Vina St - int back unit bathr

Property Type: Res Inc Lot Size (sq. ft.): 9,148 Status: Closed

Current Price: $2,125,000 List Date: 5/19/2025 Last Modified: 10/24/2025

Overview

Description

Located in Santa Barbara's prime Medical Corridor and near Cottage Hospital, this multifamily property offers a rare value-add opportunity in a high-demand, low-supply submarket. With the two larger units delivered vacant at close of escrow, investors can capitalize on immediate leasing upside at current market rates. The flexible unit mix—ranging from studios to a spacious 3BD/3BA—broadens tenant appeal, while the potential to convert one or both 2-car garages into ADUs presents additional income and long-term value. Enhanced by ample on-site parking and a highly walkable location near De La Vina and State Street, this property is ideal for strategic renovations and repositioning to unlock its full potential.

Listing Details MLS# 25-1981

Location Info

District: 20 - SB/WEST OF STATE
Street #: 2228
Street Name: De La Vina
Street Suffix: Street
State: CA
Country: US
Postal Code: 93105
Compass Map: Santa Barbara
Map Grid: N11
County: Santa Barbara
Parcel Number: 025-183-024
Cross Street: Pueblo St

Contract Info

Price: 2275000
Begin Date: 2025-05-19

Status Information

Sold Date: 2025-10-22
Under Contract Date: 2025-08-13

Property Information

Number of Units: 4
Stories: 2
Year Built: 1911
Apx Lot SqFt: 9148
Recurring Fees: No

Remarks

Hot Sheet Comment: price

Unit 1

# Units: 2
# Baths: Yes
Furnished: N
Rent: 1425
Monthly Total: 2850
# Bedrooms: 0
# Half Baths: 0

More Information

Unit 2

# Units: Yes
# Bedrooms: 3
# Baths: 3

Unit 3

# Units: Yes
# Bedrooms: 2
# Baths: 1.5

Neighborhood/Schools

Elementary School: Roosevelt
Junior High School: LaCumbre
High School: S.B. Sr.

Owner Info

Deposit: 0

Zoning

Other: Yes

Terms

OTHER/CLA: Yes

Listing Type

ER: Yes

Property Features

Zoning: Other Terms: OTHER/CLA Listing Type: ER

Listing Office: Hayes Commercial Group

Last Updated: October - 24 - 2025

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