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$2,125,000
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Property Description
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.
Full Property Details
Full Property Details for 2228 De La Vina St
General
- Sold For: $2,125,000
- Status: Closed
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 25-1981
- Added to Site: 243 day(s) ago
Location
- Area: 20 - SB/WEST OF STATE
- County: Santa Barbara
- Cross Streets: Pueblo St
School Information
- Elementary School: Roosevelt
- Middle School: LaCumbre
- High School: S.B. Sr.
Structural Information
- Year Built: 1911
Lot Features
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,148
- Lot Size: 9148
- Zoning: Other
Disclosures and Reports
- Property ID: 025-183-024
Listed by Hayes Commercial Group
Sold by eXp Realty of California Inc.
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Schools
Schools serving 2228 De La Vina St
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 1.9 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2228 De La Vina St
Date
Details
Price
Change
Source
10/22/2025
Sold
$2,125,000
-6.59%
MLS
6/19/2025
Price Reduced
$2,275,000
-5.01%
MLS
5/19/2025
Listed
$2,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2228 De La Vina Street, Santa Barbara, CA 93105 (MLS# 25-1981) is a Multi-Family property that was sold at $2,125,000 on October 22, 2025. Want to learn more about 2228 De La Vina Street? Do you have questions about finding other Multi-Family real estate for sale in West of State? You can browse all West of State real estate or contact a Coldwell Banker agent to request more information.

