Sold

1323 De La Vina Street

SANTA BARBARA CA, 93101

$5,880,000


$1,541.28 per sqft

Sold

8 Beds

8.5 Baths

3,815 sqft

Residential

Courtesy of Ken Switzer, Berkshire Hathaway HomeServices California Properties

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.

23-484

MLS ID

February 23, 2023

Listed

February 16, 2024

Updated

Map

1323 De La Vina Street
SANTA BARBARA CA, 93101

Interior Features

Bedrooms

8 Beds


Bathrooms

8.5 Baths


Appliances

Refrigerator, Gas Range, Dishwasher, Dryer, Washer


Floor Description

Carpet, Hardwood, Tile


Fireplace

Yes


Fireplace Description

Primary Bedroom, Dining Room, Other, 2, LR


Cooling

Yes


Cooling Description

A/C Window


Heating

Yes


Heating Description

GFA

Exterior/Building Features

Lot Size

0.3 Acres


Exterior Features

Lawn, Fenced: BCK


Lot Features

Level, Near Public Transit


Architectual Style

Victorian


Roof

Composition

School Information

High School

S.B. Sr.


Elementary School

Peabody

Other Property Details

Area Name

20 - SB/WEST OF STATE


Garage

No


View

Yes


View Description

Mountain(s), Setting


County

Santa Barbara


Water Source

SB Wtr


Pool

No


Zoning

C-2


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

7/12/2023

Price Change

$5,200,000

-12%

7/12/2023

Sold

4/29/2023

Pending

Listed by Berkshire Hathaway HomeServices California Properties, Ken Switzer,
Listing Contact:  

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