404 Por La Mar Drive, SANTA BARBARA, CA 93103 (MLS# 25-2828)

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404 Por La Mar Drive, SANTA BARBARA, CA 93103

$4,300,000

404-414-Por-La-Mar-Drive-Santa-Barbara-C

Property Type: Commercial Sale Square Footage: 12,826 Lot Size (sq. ft.): 19,602 Status: Closed

Current Price: $4,300,000 List Date: 7/25/2025 Last Modified: 11/04/2025

Overview

Description

Just one block from the sand and located within Santa Barbara's vibrant Hotel Corridor, this nearly half-acre property offers a rare blend of existing income, flexible use, and long-term potential. With 12,826 square feet across two industrial-style buildings, the site includes high ceilings, upstairs/downstairs office areas, and 14 parking spaces. It's currently divided into four units—two leased, two vacant—with re-configuration options and the possibility of vacant delivery, subject to lease buyouts. Zoned R 3 and situated in the Coastal Zone, the property is ideal for redevelopment—especially for hospitality or short term rental use, which is allowed here. Steps from East Beach, the Santa Barbara Zoo, and Highway 101, the site also sits next to Dwight Murphy field.

Listing Details MLS# 25-2828

Location Info

District: 15 - SB/EAST OF STATE
Street #: 404
Street Name: Por La Mar
Street Suffix: Drive
State: CA
Country: US
Postal Code: 93103
Compass Map: Santa Barbara
Map Grid: Q12
County: Santa Barbara
Parcel Number: 017-322-001
Cross Street: Calle Puerto Vallart

Contract Info

Price: 4450000
Begin Date: 2025-07-24

Property Information

TYP: Business
For Sale/Lease: For Sale
#Offices: 8
Total SqFt.: 12826
Apx Lot SqFt: 19602

Owner Info

Deposit: 133500

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2025-09-11
Under Contract Date: 2025-08-07

More Information

Business Info

# Pk/1000: 14

Condition

Good: Yes

Use

Office: Yes
Industrial: Yes

Zoning

CLA: Yes

Terms

Cash: Yes
Conventional: Yes

Listing Type

ER: Yes
EA: Yes

Property Features

Use: Office; Industrial Zoning: CLA Condition: Good Terms: Cash; Conventional Listing Type: ER; EA

Listing Office: Radius Group Commercial R.E.

Last Updated: November - 04 - 2025

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