Located along the highly desirable Lower De La Vina corridor, 715–719 De La Vina Street represents a rare opportunity to ac­quire a centrally located residential compound with significant long-term redevelopment and value-add potential. The offering consists of two adjacent parcels totaling approximately 25,881 SF (0.59 acres) improved with seven (7) units. Future redevel­opment scenarios may involve a combination of preservation, adaptive reuse, infill development, ADU expansion, or higher-density multifamily redevelopment utilizing the City’s AUD program and State Density Bonus. The combination of sub­stantial land area, existing residential income, favorable zoning, and central Santa Barbara location creates a unique opportunity for investors, developers, and long-term landholders seeking exposure to one of the City’s most supply-constrained residen­tial submarkets.