715-719 De La Vina Street, Santa Barbara, CA 93101

$4,995,000
6,408
SqFt

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List Price
$4,995,000
Status
ACTIVE
MLS#
26-2934
Living Area
6,408
Lot Size
25,881
Region
SB/WEST OF STATE
Year Built
1890

Property Description

Located along the highly desirable Lower De La Vina corridor, 715-719 De La Vina Street represents a rare opportunity to acquire a centrally located residential compound with significant long-term redevelopment and value-add potential. The offering consists of two adjacent parcels totaling approximately 25,881 SF (0.59 acres) improved with seven (7) units. Future redevelopment scenarios may involve a combination of preservation, adaptive reuse, infill development, ADU expansion, or higher-density multifamily redevelopment utilizing the City's AUD program and State Density Plus. The combination of substantial land area, existing residential income, favorable zoning, and central Santa Barbara location creates a unique opportunity for investors, developers, and long-term landholders.

Additional Information

Elementary School
Monroe
Middle School
S.B. Jr.
High School
S.B. Sr.
Acres
0.59
Foundation
Slab, Mixed, Pier & Post
Laundry
In Unit, Some
Living Area
6,408
Lot Size
25,881
Neighborhood
or 20 - Downtown
Parking Garage
Garage
Region
SB/WEST OF STATE
Terms
Cash
Units
7
Zoning
R-4, Other

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Calculator source: Real Geeks

Listing courtesy of Hayes Commercial Group.