2109 De La Vina Street Santa Barbara CA 93105 MLS #V1-29523

2109 De La Vina Street
Santa Barbara, CA, 93105
$17,900,000
Beds
0 Baths
SqFt
1 Acres
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.

Property Details

Price:
$17,900,000
MLS #:
V1-29523
Status:
Active
Baths:
0
Address:
2109 De La Vina Street
Type:
Residential Income
Subdivision:
Santa Barbara: Other
Neighborhood:
vc81santabarbara
City:
Santa Barbara
Listed Date:
Apr 24, 2025
State:
CA
ZIP:
93105
Lot Size:
43,560 sqft / 1.00 acres (approx)
Year Built:
1971
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Full-time Real Estate Broker, sold 1100+ Properties in SLO and SBC County. 38 years of local real estate knowledge and experience. I understand each sale is about you and your goals. I know as we get older, we don’t have time to make up for any mistakes especially when it comes to one the most significant investments. I care about my clients and work very hard to share my knowledge and protect you along the way. I place the appropriate verbiage in the listing and listing agreement depending …

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Heating
Wall Furnace

Exterior

Community
55+
Community Features
Biking, Suburban, Park
Fencing
Wrought Iron
Garage Spaces
17.00
Parking Features
Assigned, Uncovered, Private, Garage, Carport
Parking Spots
52.00
Pool Features
None
Spa Features
None
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None

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0.00

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2109 De La Vina Street
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