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About This Home
This 4-bedroom, 0-bathroom residential multi family at 308 W De La Guerra Street in Santa Barbara, CA is listed for $1,995,000 ($992 per sqft). Built in 1940, the home offers 2,012 sqft of living space on a 0.05 acres lot.
Tucked along a quiet street just moments from downtown Santa Barbara, this charming four-unit property blends classic character with strong income fundamentals. The approximately 2,012 SF building consists of four spacious one-bedroom, one-bath residences, each just over 500 SF.
All units are currently leased offering immediate cash flow in a highly sought-after rental location. Recent upgrades enhance the property's appeal, including recently refreshed upper units and a previously refreshed lower unit, while the fourth unit provides an opportunity for future improvement and added value.
Residents benefit from a welcoming communal pergola area, on-site laundry, outdoor storage lockers for each unit, basement storage for bikes and beach gear, and thoughtfully maintained landscaping. With its unbeatable location near Paso Nuevo, dining, shopping, and entertainment are moments away from your door. This property presents a compelling opportunity for investors seeking both stability and upside.
Key Features
- Built in 1940
- 0.05 acre lot
Property Details
Monthly Cost Estimate
$10,670/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
308 W De La Guerra Street
Santa Barbara, CA 93101
15 or 20 - Downtown
Property Details
Flooring
Parking
Heating
Questions & Answers
This 4-bedroom, 0-bathroom residential multi family at 308 W De La Guerra Street is listed at $1,995,000 ($992/sqft). The estimated monthly payment is $8,645 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.05 acre lot.
This property is listed by Susan Jordano and can be reached at 8056809060 or sjordano@villagesite.com.








