1715 De La Vina Street, Santa Barbara, CA 93101, Santa Barbara, 93101 - 0 bed, 0 bath
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1715 De La Vina Street
Santa Barbara, CA 93101
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,424Sq Ft
3,920Lot Size
Property Price
LIST PRICE$1,395,000
EST. MARKET VALUE
$1,345,547
3% AboveMARKET VALUE
SUMMARY
This Residential Income property represents a High-Potential Investment Opportunity, listed at $1,395,000—positioned above the $1,345,547 Fair Market Value. While priced slightly above market, the R-4 Zoning and prime downtown location ensure long-term stability and high tenant demand. The property features a Condition Rating of 3, with modern kitchen updates and desirable outdoor amenities including a private patio and deck with mountain views. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating duplex in a supply-constrained market.
Estimated Market Value
$1,345,547
Based on Realkey algorithm analyzing recent comparable sales in Santa Barbara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1715 De La Vina Street Subject | $1,395,000* List Price | 0 | 0 | 1,424 | $945 | - |
A 916 W Micheltorena Street Active | $1,650,000 List Price | 0 | 0 | 1,910 | $864 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1958, the property has been well-maintained and features significant interior updates. The kitchen shows modern cabinetry, stone countertops, and stainless steel appliances consistent with a renovation within the last 5-15 years. The exterior and common areas appear functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated in the heart of Santa Barbara near State Street, the property offers exceptional walkability to premier shopping, dining, and amenities, ensuring high tenant demand and long-term appreciation.
- R-4 Zoning Potential
The R-4 high-density zoning provides significant investment value and future flexibility for redevelopment or expansion in a highly desirable, supply-constrained market.
- Turnkey Amenities
Both units are well-maintained with modern finishes, private laundry, dedicated carport parking, and outdoor living spaces, making them highly attractive to quality tenants.
CONSRISKS & DEFICIENCIES
- Limited Unit Scale
Consisting of only two 1-bedroom units, the property has a lower income ceiling and a higher price-per-unit ratio compared to larger multi-family residential income properties.
- Occupancy Restrictions
Current leases through the end of the year limit immediate flexibility for owner-users or investors looking to implement immediate renovations or market-rate rent adjustments.
About 1715 De La Vina Street
Located in the heart of downtown Santa Barbara, this well-maintained R-4 zoned duplex is an excellent opportunity for investors or future owner-users. Each spacious 1-bedroom, 1-bath unit offers over 700 square feet, private laundry, dedicated carport parking, and additional storage. The downstairs unit features higher-end finishes and a private patio, while the upstairs unit offers an updated kitchen and large deck with mountain views. Both units are tenant occupied with leases through year-end, providing immediate rental income and future flexibility. Ideally located near State Street, shopping, dining, parks, and downtown amenities.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1958
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,424 | 1,614 |
| Lot Size | 3,920 | 8,365.125 |
| Price | $1.40M | $1.78M |
| Price per sq ft | $980 | $1.1K |
| Built year | 1958 | 1936 |
| HOA | $0 | $0 |
| Days on market | 8 | 43 |
Pricing History
Listed for Sale
Sep 1, 2026
$1,395,000
Initial Listing
Sold
May 31, 2024
$1,290,000
Public Record
Sold
Dec 29, 1995
$375,000
Public Record