1024 DE LA VINA ST Santa Barbara CA 93101-3223

Marcus & Millichap, as exclusive advisor, is pleased to present a unique opportunity to acquire 1024 De La Vina (the “Property”), a 1,272 square foot retail/automotive building on a .14 acre parcel of C-2 zoned land located in the AUD multifamily program next to the highly trafficked intersection of De La Vina St (10,920 VPD) and W Carrillo St (33,970 VPD) in Downtown Santa Barbara. A truly dynamic location allowing a developer looking to take advantage of the AUD multi-family program to build up to (37-63 dwelling units/acre), or an owner-user the ability to occupy the property for their own business use. The subject property benefits from a prime centralized downtown Santa Barbara location, phenomenal 101 freeway access, numerous walkable amenities, affluent demographics. It is ideally located only blocks from The Funk Zone, State Street Promenade, Santa Barbara Pier, and beaches. Downtown Santa Barbara serves as a tourist attraction, attracting people to various historic cultural venues such as the Granada Theater and Santa Barbara Courthouse, as well as various other retail amenities including Paseo Nuevo mall and the Santa Barbara Public Market. State Street, within Downtown Santa Barbara, is well known for its shops, restaurants, and boutiques. The property is being offered unpriced on a fee simple basis, free and clear of existing debt.