2109 De la Vina St Santa Barbara, CA 93105
Oak Park NeighborhoodEstimated payment $117,807/month
Highlights
- 1 Acre Lot
- Laundry Room
- Property is in excellent condition
- Santa Barbara Senior High School Rated A-
About This Home
The Palm Tree Apartments consist of 40 units across 3 well-maintained buildings. The apartments feature (35) 450 SF 1/1 + (5) 550 SF 2/1 units. The majority of the units have been thoughtfully remodeled with updated flooring and fresh paint. Upstairs apartments offer vaulted ceilings + private balconies, while downstairs units include spacious private patios. The property's newly refreshed landscaping enhances the communal courtyard, providing tenants with a serene retreat. The roof has been well-maintained by the current ownership, with the most recent work completed in 2023. Additional amenities include assigned parking and tenant storage options. Centrally located in downtown Santa Barbara + just a few blocks from Cottage Hospital, this property is just minutes from shopping + dining. Tenants pay for electricity. Landlord pays for water/trash and electricity for common areas, manager's unit and office.Current rents are well below market due to current ownership running as a non-profit offering senior housing. Tremendous value add in prime location.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 1 Acre Lot
- Property is in excellent condition
Home Design
- 21,687 Sq Ft Home
Laundry
- Laundry Room
Schools
- Peabody Elementary School
- S.B. Jr. Middle School
- S.B. Sr. High School
Community Details
- 40 Units
Listing and Financial Details
- Assessor Parcel Number 025-232-006
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/24/2025 04/24/25 | For Sale | $17,900,000 | -- | $825 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-1624

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