720 De la Vina St Santa Barbara, CA 93101
Estimated payment $18,466/month
Highlights
- Property is near an ocean
- Deck
- Patio
- San Marcos Senior High School Rated A
- Property is near a park
- 3-minute walk to Bath Street Pocket Park
About This Home
Rare newer-construction mixed-use property in downtown Santa Barbara, uniquely suited for any combination of residential owner-occupant(s) / family compound / commercial owner-user / long-term investment hold. All separately metered, the 3 residential units at the back were built brand-new in 2015, and the 4th commercial unit in front was completely renovated in 2015. The residential mix is 2 large 1-bedroom units and a large studio, each with its own 1-car garage, in-unit laundry and decks/patio spaces. Live/work/invest downtown in newer modern comfort 1 block to Paseo Nuevo, 2-5 blocks to dozens of restaurants, theaters, retail, etc., and 5-10 blocks to Funk Zone, beaches. Walk score 97, bike score 99! Offering Memorandum in Documents, PLEASE do not go on premises without listing agent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,360
Year Built
- Built in 2015
Lot Details
- 5,662 Sq Ft Lot
- Lot Dimensions are 100 x 56
- Property is in excellent condition
Parking
- 3 Car Garage
- 1 Carport Space
Interior Spaces
- 2,617 Sq Ft Home
- 2-Story Property
- Laundry in unit
Flooring
- Carpet
- Tile
- Vinyl Plank
Outdoor Features
- Property is near an ocean
- Deck
- Patio
Location
- Property is near a park
- Property is near public transit
- Property is near shops
- Property is near a bus stop
Schools
- Monroe Elementary School
- Lacumbre Middle School
- S.B. Sr. High School
Utilities
- Forced Air Heating System
- Shared Gas Meter
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 037-082-017
Community Details
Overview
- 4 Units
- 15 Or 20 Downtown Subdivision
Building Details
- Electric Expense $1,055
- Insurance Expense $3,736
- Maintenance Expense $8,008
- New Taxes Expense $30,769
- Gross Income $138,132
- Net Operating Income $86,276
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $27,360 | $2,531,665 | $967,151 | $1,564,514 |
| 2022 | $26,403 | $2,482,026 | $948,188 | $1,533,838 |
| 2021 | $25,797 | $2,433,360 | $929,597 | $1,503,763 |
| 2020 | $25,532 | $2,408,410 | $920,066 | $1,488,344 |
| 2019 | $25,087 | $2,361,187 | $902,026 | $1,459,161 |
| 2018 | $24,733 | $2,314,890 | $884,340 | $1,430,550 |
| 2017 | $23,916 | $2,269,500 | $867,000 | $1,402,500 |
| 2016 | $23,307 | $2,225,000 | $850,000 | $1,375,000 |
| 2015 | $4,150 | $383,133 | $313,530 | $69,603 |
| 2014 | $4,067 | $375,629 | $307,389 | $68,240 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2025 03/11/25 | For Sale | $2,900,000 | +30.3% | $1,108 / Sq Ft |
| 07/17/2015 07/17/15 | Sold | $2,225,000 | 0.0% | -- |
| 07/17/2015 07/17/15 | Sold | $2,225,000 | +1.4% | -- |
| 07/17/2015 07/17/15 | Pending | -- | -- | -- |
| 07/07/2015 07/07/15 | Pending | -- | -- | -- |
| 06/17/2015 06/17/15 | For Sale | $2,195,000 | +352.6% | -- |
| 06/22/2012 06/22/12 | Sold | $485,000 | +2.1% | -- |
| 06/22/2012 06/22/12 | Pending | -- | -- | -- |
| 06/22/2012 06/22/12 | For Sale | $475,000 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $2,225,000 | Fidelity National Title Co | |
| Grant Deed | $485,000 | None Available | |
| Trustee Deed | $325,100 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title | |
| Grant Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $705,000 | Commercial | |
| Previous Owner | $240,000 | Commercial | |
| Previous Owner | $400,000 | Commercial | |
| Previous Owner | $302,000 | Unknown | |
| Previous Owner | $205,000 | Commercial | |
| Previous Owner | $75,551 | Commercial | |
| Previous Owner | $15,062 | Commercial | |
| Previous Owner | $50,036 | Commercial | |
| Previous Owner | $32,000 | Unknown | |
| Previous Owner | $20,000 | Commercial | |
| Previous Owner | $390 | Commercial |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-989
APN: 037-082-017
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