$2,275,000
PENDING $120K PRICE DROP

2228 De la Vina St Santa Barbara, CA 93105

Oak Park Neighborhood

Estimated payment $13,000/month

Total Views 4,387
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Located in Santa Barbara's prime Medical Corridor and near Cottage Hospital, this multifamily property offers a rare value-add opportunity in a high-demand, low-supply submarket. With the two larger units delivered vacant at close of escrow, investors can capitalize on immediate leasing upside at current market rates. The flexible unit mix—ranging from studios to a spacious 3BD/3BA—broadens tenant appeal, while the potential to convert one or both 2-car garages into ADUs presents additional income and long-term value. Enhanced by ample on-site parking and a highly walkable location near De La Vina and State Street, this property is ideal for strategic renovations and repositioning to unlock its full potential.

Listing Agent

Nolan Tooley

Hayes Commercial Group License #02127359 Listed on: 05/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,248

Year Built

  • Built in 1911

Schools

  • Roosevelt Elementary School
  • Lacumbre Middle School
  • S.B. Sr. High School

Additional Features

  • 2-Story Property
  • 9,148 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 025-183-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,248

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1911
  • Building Stories: 2
  • Property Information Year Built2: 1911
  • NeighborhoodSchools Elementary School: Roosevelt
  • NeighborhoodSchools Junior High School: LaCumbre
  • NeighborhoodSchools High School: S.B. Sr.
  • Property Information Apx Lot SqFt: 9148.0
  • General Property Information Stories2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.21

Schools

  • Elementary School: Roosevelt
  • High School: S.B. Sr.
  • Middle Or Junior School: LaCumbre

Lot Info

  • Parcel #: 025-183-024
  • Zoning: Other
  • Lot Size Sq Ft: 9148.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $7,248 $694,862 $341,899 $352,963
2023 $7,248 $667,882 $328,624 $339,258
2022 $6,994 $654,787 $322,181 $332,606
2021 $6,832 $641,949 $315,864 $326,085
2020 $6,761 $635,368 $312,626 $322,742
2019 $6,644 $622,911 $306,497 $316,414
2018 $6,549 $610,698 $300,488 $310,210
2017 $6,333 $598,725 $294,597 $304,128
2016 $6,240 $586,986 $288,821 $298,165
2014 $6,072 $566,846 $278,911 $287,935
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $2,275,000 -5.0% --
05/19/2025 05/19/25 For Sale $2,395,000 -- --
Source: Santa Barbara Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- Chicago Title
Interfamily Deed Transfer $75,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $528,700 No Value Available
Closed $318,500 No Value Available
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1981

Santa Barbara Multiple Listing Service

APN: 025-183-024

California Santa Barbara County Santa Barbara 93105 Oak Park

2228 De la Vina St, Santa Barbara, CA

This home is located at 2228 De la Vina St, Santa Barbara, CA 93105 and is currently priced at $2,275,000. This property was built in 1911. 2228 De la Vina St is a home located in Santa Barbara County with nearby schools including Santa Barbara Junior High School, Santa Barbara Senior High School, and Peabody Charter School.

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Nearby Homes
Nolan Tooley
Listing Agent
Nolan Tooley
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Hayes Commercial Group
(805) 590-9782