1428-1424 De La Vina Street, SANTA BARBARA, CA 93101, SANTA BARBARA, 93101 - 0 bed, 0 bath
Loading property details...
SANTA BARBARA, CA 93101
Analysis of 1428-1424 De La Vina Street, SANTA BARBARA, CA 93101 is currently available with a list price of $2,150,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the SANTA BARBARA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property has been extensively renovated within the last 5 years, featuring a modern kitchen with new stainless steel appliances and shaker cabinetry, updated bathrooms with contemporary tile work and fixtures, and beautifully refinished hardwood floors throughout. While the structure maintains its historic craftsman charm, all interior components meet current quality standards with no visible deferred maintenance.
Situated in the heart of Santa Barbara near the historic Upham Hotel, this property offers exceptional walkability and high desirability for both tenants and owner-occupants.
With a projected monthly rental income of $12,650 across three units, the property presents a robust gross yield opportunity for investors in a high-demand market.
The main craftsman-style home features high-end vintage details including 9-foot coffered ceilings, original built-ins, and three fireplaces, complemented by modern kitchen and bath remodels.
The financial valuation is based on projected rather than actual current rents, which may require a transition period or lease turnovers to achieve the stated $12,650 monthly target.
While charming, craftsman-style multi-unit properties often involve higher long-term maintenance costs for aging structural elements and specialized exterior woodwork compared to modern constructions.
Your opportunity to own a uniquely positioned triplex with off-street parking in prime downtown Santa Barbara. Close to the historic 4-star Upham Hotel. Great for someone who wants to live in one unit and rent the others units or for an excellent income generator in the heart of downtown. Front home is a 2 Bed 2 bath craftsman style home 9-foot ceilings, hard wood floors throughout, formal dining room off the living room with coffered ceilings and classic built ins. remodeled kitchen and bath with all new appliances. The main house has 3 fireplaces ! There is an adjacent 1 bedroom apartment with hardwood floors and a loft, A large 1 bedroom apartment behind the main house. Projected rents Main House $5150, bedroom with loft $3250 and the 1 bedroom apartment $4250 Projected Rent $12650
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | - | 2,527 | 24% |
| Lot Size | 9,147.6 | 10,018.8 | 41% |
| Price | $2.15M | $2.75M | 24% |
| Price per sq ft | $0 | $583 | 24% |
| Built year | 2045 | 1961 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 115 | 232 | 18% |
Dec 28, 2025
$2,150,000
Initial Listing
Mar 22, 2024
$1,500,000
Public Record