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1323 De La Vina St
Santa Barbara, CA 93101
De La Vina Inn · Hospitality Property For Sale
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3,634 SF
Investment Highlights
- Rare hospitality offering right by downtown Santa Barbara and the Theatre/Arts District
- Ideal size for group buyouts - over 60% of booking revenue from buyouts, PLUS significant event rental income
- Top zoning for underlying value: C-G is most flexible and highest-density, AUD zone 63 units/acre, AB 2097 official transit zone
- Thriving Inn operations, multiple revenue streams with more upside, current cap rate 7.03%
- New catering/beer/wine license provides further upside potential in net operating income
Property Facts
| Property Type | Hospitality | No. Stories | 3 |
| Property Subtype | Hotel | Year Built | 1905 |
| Building Class | B | Tenancy | Single |
| Lot Size | 0.30 AC | Parking Ratio | 1/1,000 SF |
| Building Size | 3,634 SF | Corridor | Interior |
| Zoning | CG - Commercial - General. Also in highest Average Unit Density (AUD) zone, up to 63/units per acre, call for details. | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.30 AC |
| Building Size | 3,634 SF |
| No. Stories | 3 |
| Year Built | 1905 |
| Tenancy | Single |
| Parking Ratio | 1/1,000 SF |
| Corridor | Interior |
| Zoning | CG - Commercial - General. Also in highest Average Unit Density (AUD) zone, up to 63/units per acre, call for details. |
Amenities
- Balcony
- Room Service
- Spa
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
Property Taxes
| Parcel Number | 039-121-009 | Improvements Assessment | $2,784,233 |
| Land Assessment | $2,550,000 | Total Assessment | $5,334,233 |
Property Taxes
Parcel Number
039-121-009
Land Assessment
$2,550,000
Improvements Assessment
$2,784,233
Total Assessment
$5,334,233
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