1323 De La Vina Street Santa Barbara, CA 93101
Rare hospitality offering by downtown! Ultra-charming and authentic Victorian-style Inn, reinvigorated post-pandemic, is now for sale as a package of real estate and thriving cash-flow business (7% cap rate), including wine/beer/catering license. The 0.30-acre property enjoys the highest-value C-G zoning, allowing for profitable uses now and for future underlying investment value. The elegant styling provides guests gilded relaxation, with 8 deluxe suites incl. 2 separate-entry suites on ground level and penthouse suite w/large view deck. Gorgeous private gardens are ideal for small events, providing additional revenue streams. Group ''buyouts'' are common, with further income upside from new catering license, etc. Video in Photos (play with sound on), Offering Memorandum in Documents.
property details
Interior Features
Utility & Building Info
Price History
date | event | price | source |
---|---|---|---|
07/19/2023
07/19/2023
|
Active |
$5,880,000
|
Santa Barbara Association of Realtors |
07/11/2023
07/11/2023
|
Sold |
$5,200,000
|
Santa Barbara Association of Realtors |
04/28/2023
04/28/2023
|
Pending |
$5,880,000
|
Santa Barbara Association of Realtors |
02/17/2023
02/17/2023
|
Active |
$5,880,000
|
Santa Barbara Association of Realtors |
Market Trends
Source: LiveBy