1327 De La Vina Street, Santa Barbara, CA 93101

Property Description

Lease with Option to Purchase! Located in the heart of Downtown Santa Barbara, 1327 De La Vina Street presents a unique lease-with-option-to-purchase opportunity on an oversized ±8,712 SF lot. The property includes a ±1,502 SF flex building with three roll-up doors and offers immediate possession through a 2-year NNN lease at $10,000/month, with a fixed purchase option of $2,350,000. Zoned C-G and located within the City's Priority Housing Overlay, the site offers potential for future commercial expansion or residential/mixed-use redevelopment, subject to City approval and buyer verification. The lease-option structure provides the opportunity to control the property today while pursuing future plans and locking in the purchase price.