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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.

Agent Description

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

4 full
1940

Monthly Cost Estimate

$10,670/mo

20% down · 6.5% · 30 years

Principal$1,443
Interest$8,645
Insurance$582

Estimates only. Actual payments may vary.

Location

308 W De La Guerra Street

Santa Barbara, CA 93101

15 or 20 - Downtown

Property Details

Flooring

Vinyl

Parking

On Street

Heating

Wall Furnace

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.

SJ

Susan Jordano

Agent at Village Properties

(805) 680-9060

Listed by Village Properties · View on Broker Site

MLS# 26-1616· Source: listhub· Updated 17 days ago

Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

308 W De La Guerra Street, Santa Barbara, CA 93101

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