2700 De La Vina
Santa Barbara
,
CA
California
Call for Details
$
4,434,000
.svg)
Call for Details
5.00
%
CAP Rate
Fully Leased to Diverse Tenant Mix
Food, Service, and Office Users
Infill Location with High Barriers to Entry
Rare Dedicated Parking (23 Spaces)
Future Upside Potential
Potential for Residential Conversion in Severely Underserved Market
Property details
- Fully Leased Mixed-Use Opportunity in the Heart of Santa Barbara
- Diverse Mix of Food, Service & Office Users
- Irreplaceable, Infill Location with High Barriers to Entry and Rare Dedicated Parking
- City Recently Adopted Adaptive Reuse Ordinance (Oct ‘25), Allows for Full Conversion of Upstairs Office Space to Residential Use Unlocking Signficant Future Upside Potential
- Severely Underserved Housing Market Driven by Strong Student Enrollment and Local Residential Demand
- High Profile Location Along De La Vina Street, which Leads Directly to Downtown (~1.5 Miles)
- Iconic State Street Promenade, Retailers, Eateries, Hotels, and Attractions
- Convenient Access to US-101 (136,000 ADT), Providing Excellent Regional Accessibility
- Signalized Intersection Near a Variety of Retailers and Amenities
- Grocery Outlet, Trader Joe’s, Starbucks, CVS, Handlebar Coffee Roasters, 76, Shell, Oak Park, and Many Local Eateries
- 1.5 Miles from Whole Foods and La Cumbre Plaza, with Over 50 Stores and Services
- Half a Mile from Santa Barbara Cottage Hospital, a 519-Bed Acute Care Teaching Hospital and Trauma Center
- Largest of its Kind Between Los Angeles and the San Francisco Bay Area, Renowned for the Breadth of its Services
- 8 Miles from Santa Barbara Airport (SBA), which Serves Nearly 1.3M Annually
- Dense, Affluent, Educated Demographics within a 5-Mile Radius
- Total Daytime Population of 145,601
- Average Household Income of $156,605 and Average Home Value of $1,521,300
- 54.9% Hold a Bachelor’s Degree or Higher, Well Above the National Average
- Diverse Santa Barbara County Economy with Low Unemployment Rate
- Top Employers Include UC Santa Barbara, County of Santa Barbara, Cottage Health, Procore, AppFolio, Sonos, Raytheon, and More
Listing leads
Putnam Daily
Managing Partner
CA RE Lic #01750064
Lindsey Snider
Senior Partner
CA RE Lic #01443387