Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2121 De La Vina St Santa Barbara, CA 93105-3859
    Back to Search
    Property profile & analytics

    2121 De La Vina St, Santa Barbara, CA 93105-3859

    View on Map
    • Day care centers
    • 1,787 SF
    • 0.28 lot acres
    Off-Market
    Property ID
    US10-3121964
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Day care centers

    Property Details for 2121 De La Vina St

    Year built
    1907
    Lot size
    0.28 lot acres
    Property type
    Day care centers
    APN
    025-232-004
    APU
    25232004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.719
    Latitude
    34.43
    CBSA code
    42200
    CBSA name
    SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $298
    $1,081,640
    $388,224
    $1,469,864
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $630,000
      1,525 SF

      419 Pueblo St

      DAY CARE, PRE-SCHOOL
      419 Pueblo St, Santa Barbara, CA 93105
      View Details
    • Value Estimation
      $565,000
      11.60 Acres

      2375 Foothill Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      2375 Foothill Rd, Santa Barbara, CA 93105-2370
      View Details
    • Value Estimation by Request
      1,635 SF

      2255 Las Positas Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      2255 Las Positas Rd, Santa Barbara, CA 93105-4116
      View Details
    • Value Estimation by Request
      11,548 SF

      670 Msn Cyn Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      670 Msn Cyn Rd, Santa Barbara, CA 93105-2911
      View Details
    • Value Estimation
      $580,000
      7.11 Acres

      36 Hitchcock Way

      PROFESSIONAL CLUBS/ASSOCIATIONS
      36 Hitchcock Way, Santa Barbara, CA 93105-3102
      View Details
    • Value Estimation by Request
      1,041 SF

      2223 Gdn St

      CREMATORIUM, MORTUARY
      2223 Gdn St, Santa Barbara, CA 93105-3617
      View Details

    Similar Nearby for Sale

    • $1,495,000
      Pending

      Santa Barbara Specialty Property

      Specialty property for sale in Santa Barbara, California.
      215 W Pueblo St, Santa Barbara, CA 93105
      View Details
    • Contact for pricing
      2,847 SF

      Commercial Property in Santa Barbara

      Commercial property available for sale in Santa Barbara, CA.
      2024 De La Vina St, Santa Barbara, CA 93105
      View Details
    • New
      $2,650,000
      3,400 SF

      Updated Santa Barbara Home with JADU

      Updated 4-bedroom home with permitted JADU for flexible living.
      2937 Glen Albyn Dr, Santa Barbara, CA 93105
      View Details
    • Contact for pricing

      Multifamily Property with Two Units

      Two-unit multifamily property available for purchase.
      2549 Treasure Dr, Santa Barbara, CA 93105
      View Details
    • Contact for pricing
      1,728 SF

      Medical Condo in Alamar Center

      Improved medical condo for sale in Santa Barbara, California.
      2780 State St, Santa Barbara, CA 93105
      View Details
    • Contact for pricing
      1,530 SF

      Established Restaurant Location For Lease

      High-visibility restaurant space with patio on signalized corner.
      2000 De La Vina St, Santa Barbara, CA 93105
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Fully Leased Office Building

      Office building in Santa Barbara, CA, currently 100% leased.
      360 Hitchcock Way, Santa Barbara, CA 93105
      View Details
    • Contact for pricing

      Restaurant Space with Patio Available

      Restaurant space with high-visibility patio for lease.
      2000 De La Vina St, Santa Barbara, CA 93105
      View Details
    • Contact for pricing

      Class A Office Suites Available

      Class A office suites for lease in Upper State neighborhood.
      3820 State St, Santa Barbara, CA 93105
      View Details
    • Contact for pricing
      2,040 SF

      Retail Pad Building For Rent

      Freestanding retail building with high visibility, anchored by Whole Foods.
      3771 State St, Santa Barbara, CA 93105
      View Details
    • Contact for pricing
      565 SF

      Ground Floor Office Suite

      Office suite available for rent, approximately 565 square feet.
      2020 De La Vina St, Santa Barbara, CA 93105
      View Details
    • $13,200 /Mo
      190 SF

      Prime Santa Barbara Office Suites

      Historic building, multiple suites available.
      2000 State St, Santa Barbara, CA 93105
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2121 De La Vina St
    Santa Barbara, CA 93105-3859
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2121 De La Vina St, Santa Barbara, CA, 93105
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!