715-719 De La Vina Street, SANTA BARBARA, CA 93101 (MLS# 26-2934)

715-719 De La Vina Street, SANTA BARBARA, CA 93101

$4,995,000

Property Type: Res Inc Square Footage: 6,408 Lot Size (sq. ft.): 25,881 Status: Active

Current Price: $4,995,000 List Date: 9/01/2026 Last Modified: 9/03/2026

Overview

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.

Listing Details MLS# 26-2934

Location Info

District: 20 - SB/WEST OF STATE
Street #: 715-719
Street Name: De La Vina
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
Compass Map: Santa Barbara
Map Grid: O12
County: Santa Barbara
Parcel Nbr: 037-081-012
Cross Street: W Islay Street
Walk Score: 84
Bike Score: 97

Contract Info

Price: 4995000
Seller Consider Concessions: Yes
Begin Date: 2026-09-01

Property Information

Number of Units: 7
Units Furnished: None
Year Built: 1890
Main House SqFt: 6408
Apx # Acres: 0.59
Apx Lot SqFt: 25881
Recurring Fees: No

NeighborhoodSchools

Neighborhood: 15 or 20 - Downtown

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3
Deposit Type: %
COE: Negotiable

More Information

Miscellaneous

Parking Spaces: 9

Unit 1

# Units: Yes
# Bedrooms: 4
# Baths: 3
Rent: 5550
Monthly Total: 5550

Unit 2

# Units: 2
# Bedrooms: 2
# Baths: Yes
Rent: 3000
Monthly Total: 6000

Unit 3

# Units: Yes
# Bedrooms: Yes
# Baths: Yes
Rent: 2156
Monthly Total: 2156

Unit 4

# Units: 3
# Baths: Yes
Rent: 1948

Meters

Sep Meter Elec: N
Sep Meter Gas: No

Parking Info

Total # Garage Spaces: 5
Total # Unconvered Spaces: 9

Property Features

Unit 1: Lease Unit 2: Lease Unit 3: Lease Unit 4: Lease Foundation: Slab; Mixed; Pier & Post Parking Info: Garage Proximity: Near Bus; Near Coffee Shop; Near Downtown; Near Grocery; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: In Unit; Some Zoning: R-4; Other Reports Available: Pest Inspection; Prelim; Roof; Other Exchange: No Terms: Cash Listing Type: ER Contingent Remarks: SUBJ 2 INSPECT

Listing Office: Hayes Commercial Group

Last Updated: September - 03 - 2026

The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.