Sold
1323 De La Vina Street
SANTA BARBARA CA, 93101
$5,200,000
$1,363.04 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
March 28, 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 | $5,200,000 |
4/29/2023 | Pending | — |
Listed by Berkshire Hathaway HomeServices California Properties, Ken Switzer,
Listing Contact:
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Data last updated 4:19 AM UTC, 3/28/2024