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Seven-Unit Apartment Compound
For Sale
$4,995,000

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

Central residential compound with existing income, two parcels, and multiple redevelopment paths identified in the City’s AUD program.

Property Size6,408 SF
Lot Size0.59 Acres
Price / SF$779.49
Days on Market19

Property Features for 715-719 De La Vina St

General Information

Standard status Active
Size 6,408 SF
Lot size 0.59 Acres
Property subtype Multi-Family

Additional Details

Multifamily Units 7

Building Details

Year Built 1890
Listing Agency: Hayes Commercial Group
Listed By: Christos Celmayster · License #01342996
Source: Santaynezvalleyhomesforsale
Added: Aug 25 Changed: Sep 11 Last Checked: Sep 12 at 10:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hayes Commercial Group

Investment Insights

Based on property information with market context.

This apartment property comprises two adjacent parcels totaling approximately 25,881 square feet, or 0.59 acres, with seven existing residential units and 6,408 square feet of property improvements. Built in 1890, the compound offers an established residential configuration along the Lower De La Vina corridor in Santa Barbara.

Potential planning approaches identified for the site include preservation, adaptive reuse, infill development, ADU expansion, and higher-density multifamily redevelopment through the City’s AUD program and State Density Plus. The property combines existing residential income with a sizable land component and a central Santa Barbara setting, supporting consideration by apartment investors, developers, and long-term landholders.

Key Highlights

  • Two adjacent parcels totaling approximately 25,881 SF
  • 0.59‑acre residential compound
  • Seven existing residential units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Tanning Salon Adult Day Care Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

6,249
Businesses Nearby

Demographics for 93101, CA

30,513
Population
13,664
Households
2.2
Avg Household Size
36
Median Age
41%
College-Educated
83%
High-School Grad
3.2 sq mi
ZIP Area
9,535
Density / Sq Mi
$79,868
Median Household Income
$42,614
Median Earnings
$2,109
Median Rent
$1,122,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Central residential compound with existing income, two parcels, and multiple redevelopment paths identified in the City’s AUD program.
Where is this apartment building located?
The property is located at 715-719 De La Vina St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Two adjacent parcels totaling approximately 25,881 SF; 0.59‑acre residential compound; Seven existing residential units
More about this property
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