Rare opportunity to acquire a fully leased mixed-use asset in the heart of Santa Barbara, featuring a diverse blend of food, service, and office tenants. Positioned on high-visibility De La Vina Street, just 1.5 miles from Downtown and near major retailers including Trader Joe’s, Grocery Outlet, Starbucks, and CVS, the property benefits from excellent access to US-101 (136,000 ADT) and a walkable, amenity-rich setting. The site offers rare dedicated parking (23 spaces) and proximity to key demand drivers such as Santa Barbara Cottage Hospital (519 beds), SBCC, UCSB, and major employment centers. The City’s newly adopted Adaptive Reuse Ordinance (Oct 2025) enables conversion of the upper-level office space to residential use, providing significant long-term upside in a severely undersupplied housing market. Surrounded by affluent, educated demographics—average household income of $156,605 and 54.9 percent bachelor’s degree attainment—the property occupies an irreplaceable infill location in one of California’s most desirable coastal markets.