Charming classic boutique inn in the heart of downtown Santa Barbara! Features 8 beds, 8.5 baths incl. two private suites with separate entrances, a penthouse, 7 fireplaces, and an abundance of history preserved in its original wood flooring, windows and other decor. Could also be used as a combination of profitable business plus residence - rent some of the rooms while you live in part of it. The flexible C-G zoning and ideal size/layout allow for multiple revenue streams - the fantastic garden space for events and weddings are popular, along with easy-to-manage whole-property buyouts. All future booking income, guest lists, licenses and designer furnishings included. Operating at a 7% cap rate, with upside using new wine/beer/catering license. See Offering Memorandum under Documents.
- Price:
- $5,880,000
- Bedrooms:
- 8
- Full Baths:
- 8
- Half Baths:
- 1
- Square Footage:
- 3,815
- Acreage:
- 0.30
- Year Built:
- 1898
- Listing ID #:
- 23-484
- Street Address:
- 1323 De La Vina St
- City:
- Santa Barbara
- State:
- California
- Postal Code:
- 93101
- County:
- Santa Barbara
- Community:
- Sb/West Of State
- Subdivision:
- 15 Or 20 - Downtown
- Listing Status:
- Active
- Listing Type:
- Home/Estate-ResidentialAttachedDetached
- Building Condition:
- Excellent
- Construction Description:
- Tri-Level
- Exterior Features:
- Wood Shingles, Wood Siding
- Fireplace:
- 2+, Dining Room, Lr, Other, Primary Bedroom
- Flooring:
- Carpet, Hardwood, Tile
- Foundation:
- Raised
- Number Of Units:
- 1
- Square Footage Source:
- Measured
- Style:
- Victorian
- Total Building Square Footage:
- 3815
- Type Of Roof:
- Composition
- View:
- Mountain(s), Setting
- Year Built:
- 1898
- Conforms To Zoning:
- C-2
- Landscape Description:
- Fenced: Bck, Lawn
- Lot Description:
- Level
- Lot Square Footage:
- 13068.00
- Days On Market:
- 37
- Terms:
- Cash, Ctnl
- Dining Room:
- Formal
- Appliances:
- Dishwasher, Dryer, Gas Range, Refrigerator, Washer
- Heating And Air:
- A/C Window, Gfa
- Water/Sewage:
- S.B. Wtr
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Berkshire Hathaway Homeservices California Properties
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