Entitled Boutique Hotel Development
2020 De La Vina Street Santa Barbara, CA 93105
2020 De La Vina Street, Santa Barbara, CA, 93105
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For Sale
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33-key boutique hotel development opportunity in Santa Barbara.
Property Size16,918 SF
Lot Size0.65 Acres
Price / SF$325.10
Days on Market53
Property Features for 2020 De La Vina Street
General Information
- Standard status
- Active
- Size
- 16,918 SF
- Lot size
- 0.65 Acres
- Property subtype
- Hospitality
Listing Agency
Hayes Commercial Group
Listed by
Marissa Ruelas
Source
Crexi
Added: May 26 Checked: Jul 16 at 9:24 am
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Investment Insights
Based on property information with market context.
Located along the Upper De La Vina corridor, the property at 2020 & 2024 De La Vina Street offers the opportunity to acquire a fully entitled 33-key boutique hotel development. The project aims to leverage existing improvements to reduce development timelines and costs while delivering a hospitality asset. The property includes 16,918 square feet of existing improvements across two office buildings on approximately 0.65 acres, with on-site parking. Approved plans allow for guest accommodations featuring single king and double queen guestrooms, plus eight extended-stay suites with one-bedroom and two-bedroom layouts complete with full kitchens. The location is approximately one mile from downtown, a half mile from Cottage Hospital, and minutes from the Funk Zone and beaches. Convenient access to Highway 101 allows for approximately 15-minute travel times to Goleta, Isla Vista, and Carpinteria. The surrounding neighborhood provides walkable access to restaurants, retail amenities, and neighborhood services.
Key Highlights
- Fully entitled 33‑key boutique hotel development opportunity.
- Strategically leverages existing improvements to reduce development timelines and costs.
- Ideally central Santa Barbara location: approximately one mile from downtown, a half mile from Cottage Hospital, and minutes from the Funk Zone and beaches.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fielding Graduate University
University
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FAQs
What type of property is this?
Hotel - 33-key boutique hotel development opportunity in Santa Barbara.
Where is this hotel located?
The property is located at 2020 De La Vina Street Santa Barbara, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Fully entitled 33‑key boutique hotel development opportunity.; Strategically leverages existing improvements to reduce development timelines and costs.; Ideally central Santa Barbara location: approximately one mile from downtown, a half mile from Cottage Hospital, and minutes from the Funk Zone and beaches.