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1323 De La Vina Street, Santa Barbara, CA 93101 $5,200,000

Status: Closed    MLS# 23-484

8 Bedrooms    8 Full Bathrooms    1 Half Bathrooms

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Property Description

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.

Property Information
Property Details
MLS ID: #23-484
Current Price: $5,200,000 
Buyer Broker Compensation: 2.5%
Status: Closed
Days on Market: 65
Address: 1323 De La Vina Street
City / Zip: Santa Barbara, CA 93101
Area / Neighborhood: Downtown SB
Property Type: Residential – Home/Estate
Style: Victorian 
Approx. Sq. Ft.: 3,815 
Year Built: 1898 
Condition:
Acres: 0.30 
Lot Sq. Ft.: 13,068 Sq.Ft. 
Topography: Level 
Proximity: Near Bus, Restaurants, Near Park(s), Near Shopping 
View: Mountain(s), Setting 
Schools
Elementary School: Peabody
Jr. High School: S.B. Jr.
Sr. High School: S.B. Sr.
Interior Features
Bedrooms: 8
Total Bathrooms: 8.5
Bathrooms (Full): 8
Bathrooms (Half): 1
Dining Areas: Formal 
Fireplaces: 2+, Dining Room, LR, Other, Primary Bedroom 
Heating / Cooling: A/C Window, GFA 
Flooring: Carpet, Hardwood, Tile 
Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Washer 
Exterior Features
Roof: Composition 
Exterior: Wood Shingles, Wood Siding 
Foundation: Raised 
Construction: Tri-Level 
Grounds: Lawn, Fenced: BCK 
Parking:
Misc.
ADU: No 
Water / Sewer: S.B. Wtr 
Zoning: C-2 
Reports Available: Home Inspection, Roof 
Location

Listed with Berkshire Hathaway HomeServices California Properties

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