Santa Barbara, CA 93105 2109 De La Vina Street

2109 De La Vina Street Santa Barbara, CA - Image 12109 De La Vina Street Santa Barbara, CA - Image 22109 De La Vina Street Santa Barbara, CA - Image 3
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2109 De La Vina Street Santa Barbara, CA - Image 42109 De La Vina Street Santa Barbara, CA - Image 52109 De La Vina Street Santa Barbara, CA - Image 62109 De La Vina Street Santa Barbara, CA - Image 72109 De La Vina Street Santa Barbara, CA - Image 82109 De La Vina Street Santa Barbara, CA - Image 92109 De La Vina Street Santa Barbara, CA - Image 10
Presented By: Steven Golis with Radius Group Commercial RE - (805) 965-5500
  • I-Tech MLS - 227 - CA
  • MLS# V129523
  • 04/24/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 3
  • Baths • 2
  • Garage • 17

Home Details

The Palm Tree Apartments, located at 2109, 2111, and 2115 De La Vina Street, consist of 40 units across three well-maintained buildings. The apartments feature (35) 450 SF 1-bedroom/1-baths and (5) 550 SF 2-bedroom/1-bath floorplans. Currently operated by the Battistone Foundation, a Santa Barbara non-profit dedicated to providing quality low cost housing for economically disadvantaged senior citizens, the majority of the units have been thoughtfully remodeled with updated flooring and fresh paint. Upstairs apartments offer vaulted ceilings and private balconies, while downstairs units include spacious private patios. The property's newly refreshed landscaping enhances the communal courtyard, providing tenants with a serene retreat. The roof has been well-maintained by the current ownership, with the most recent work completed in 2023. Additional amenities include assigned parking and tenant storage options. Centrally located in downtown Santa Barbara and just a few blocks from Cottage Hospital, this property is just minutes from shopping, dining, and local attractions, offering tenants both convenience and a vibrant urban lifestyle. Tenants pay for electricity. Landlord pays for water/trash and electricity for common areas, manager's unit and office. Current rents are well below market due to current ownership running as a non-profit offering senior housing.
Presented By: Steven Golis with Radius Group Commercial RE - (805) 965-5500

Interior Features for 2109 De La Vina Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace Y/NYes
Heating Y/NYes
Laundry FeaturesCommon Area

General for 2109 De La Vina Street

Carport Spaces23
Carport Y/NYes
CitySanta Barbara
Community FeaturesBiking, Park, Suburban
CoolingNone
CountySanta Barbara
DirectionsHead southwest on W Mission St toward De La Vina St, Turn right onto De La Vina St, Turn left. Property on left.
Electric Expense12790
Garage Spaces17
Garage Y/NYes
Gross Income598560
HOA Fee$
HeatingWall Furnace
Insurance Expense17837
Land Lease Y/NNo
Lot Size Square Feet43560
Lot Size UnitsSquare Feet
MLS AreaVC81 - Santa Barbara
Net Operating Income175564
Open Parking Spaces12
Operating Expense409669
Pool FeaturesNone
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NYes
Spa FeaturesNone
Standard StatusActive
StatusActive
Subdivision NameSanta Barbara: Other
Trash Expense10990
ViewNone
Water Sewer Expense27240
Year Built1971
Year Built SourceOther

Exterior for 2109 De La Vina Street

FencingWrought Iron
Lot Size Acres1
Lot Size Area43560
Number of Buildings3
Number of Separate Electric Meters3
Number of Separate Gas Meters40
Number of Separate Water Meters3
Parking FeaturesAssigned, Carport, Garage, Private, Uncovered
SpaNo
Total Parking52

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $17,900,000
MLS#V129523
List Date 04/24/2025
Property Type Income
Phone 714.742.6515
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