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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 Details | |
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MLS ID: | #23-484 |
Current Price: | $5,880,000 |
Buyer Broker Compensation: | 2.5% |
Status: | Pending |
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: | Excellent |
Acres: | 0.30 |
Lot Sq. Ft.: | 13,068 Sq.Ft. |
Topography: | Level |
Proximity: | Near Bus, Near Park(s), Near Shopping, Restaurants |
View: | Mountain(s), Setting |
Schools | |
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Elementary School: | Peabody |
Jr. High School: | S.B. Jr. |
Sr. High School: | S.B. Sr. |
Interior Features | |
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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 | |
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Roof: | Composition |
Exterior: | Wood Shingles, Wood Siding |
Foundation: | Raised |
Construction: | Tri-Level |
Grounds: | Fenced: BCK, Lawn |
Misc. | |
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ADU: | No |
Water / Sewer: | S.B. Wtr |
Zoning: | C-2 |
Reports Available: | Home Inspection, Pest Inspection, Roof |
Listed with Berkshire Hathaway HomeServices California Properties
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