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$4,300,000
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Property Description
Just one block from the sand and located within Santa Barbara's vibrant Hotel Corridor, this nearly half-acre property offers a rare blend of existing income, flexible use, and long-term potential. With 12,826 square feet across two industrial-style buildings, the site includes high ceilings, upstairs/downstairs office areas, and 14 parking spaces. It's currently divided into four units-two leased, two vacant-with re-configuration options and the possibility of vacant delivery, subject to lease buyouts. Zoned R 3 and situated in the Coastal Zone, the property is ideal for redevelopment-especially for hospitality or short term rental use, which is allowed here. Steps from East Beach, the Santa Barbara Zoo, and Highway 101, the site also sits next to Dwight Murphy field.
Full Property Details
Full Property Details for 404 Por La Mar Dr
General
- Sold For: $4,300,000
- Status: Closed
- Type: Commercial
- Source: SBAOR
- MLS ID: 25-2828
- Added to Site: 216 day(s) ago
Location
- Area: 15 - SB/EAST OF STATE
- County: Santa Barbara
- Cross Streets: Calle Puerto Vallart
Structural Information
- Square Feet: 12,826
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.45
- Lot Size (Sq. Ft.): 19,602
- Lot Size: 19602
- Zoning: CLA
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 017-322-001
Listed by Radius Group Commercial R.E.
Sold by Radius Group Commercial R.E.
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Schools
Schools serving 404 Por La Mar Dr
School District:Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Cleveland Elementary School, Santa Barbara, CA 123 Alameda Padre Serra, Santa Barbara, CA 93103 | PK-6 | 0.7 mi |
Santa Barbara Junior High School 721 East Cota Street, Santa Barbara, CA 93103 | 7-8 | 1.1 mi |
Santa Barbara Senior High School 700 East Anapamu Street, Santa Barbara, CA 93103 | 9-12 | 1.6 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 404 Por La Mar Dr
Date
Details
Price
Change
Source
9/11/2025
Sold
$4,300,000
-3.37%
MLS
7/24/2025
Listed
$4,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
404 Por La Mar Drive, Santa Barbara, CA 93103 (MLS# 25-2828) is a Commercial property that was sold at $4,300,000 on September 11, 2025. Want to learn more about 404 Por La Mar Drive? Do you have questions about finding other Commercial real estate for sale in East Of State? You can browse all East Of State real estate or contact a Coldwell Banker agent to request more information.

