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Seven-Unit Apartment Compound
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715 De La Vina Street, Santa Barbara, CA 93101

Two adjoining parcels combine existing residential units with potential for future infill and accessory dwelling development.

Property SizeContact for details
Lot Size0.59 Acres
Days on Market54

Property Features for 715 De La Vina Street

General Information

Standard status Active
Lot size 0.59 Acres
Property subtype Multifamily

Site & Location

Neighborhood Downtown

Additional Details

Multifamily Units 7
Listing Agency: Hayes Commercial Group
Listed By: Francois DeJohn · License #CA01144570
Source: Crexi
Added: Sep 1 Changed: Oct 21 Last Checked: Oct 23 at 6:26AM

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

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Investment Insights

Based on property information with market context.

This residential compound includes seven existing units across two adjacent parcels totaling approximately 25,881 SF, or 0.59 acres. The property provides an established residential income component while retaining substantial land area for future planning and redevelopment consideration.

Potential approaches identified for the site include preserving existing improvements, adapting current structures, adding infill development, expanding with ADUs, or pursuing higher-density multifamily development through the City’s AUD program and State Density Bonus. The property is situated along the Lower De La Vina corridor in central Santa Barbara.

Key Highlights

  • Two adjacent parcels totaling approximately 25,881 SF
  • 0.59‑acre residential compound with seven existing units
  • Located along the Lower De La Vina corridor

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two adjoining parcels combine existing residential units with potential for future infill and accessory dwelling development.
Where is this apartment building located?
The property is located at 715 De La Vina Street 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 with seven existing units; Located along the Lower De La Vina corridor
(805) 898-4365 Call to check price and availability
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