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Santa Barbara Multifamily Investment Opportunity

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

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For Sale

$1,995,000

MULTI_FAMILY - SANTA BARBARA, CA

Property size:

2,012 SF

Lot size:

0.05 Acres

Price / SF:

$991/SF

We can help!

Contact an agent

Susan Jordano

HighLights

Prime location near downtown Santa Barbara, offering easy access to dining, shopping, and entertainment.
Immediate cash flow from four fully leased one‑bedroom units.
Recently refreshed upper units and one lower unit, enhancing property appeal.
Welcoming communal pergola area and thoughtfully maintained landscaping.
On‑site laundry and outdoor storage lockers for each unit.
Basement storage for bikes and beach gear.

For Sale

$1,995,000

MULTI_FAMILY - SANTA BARBARA, CA

Property size:

2,012 SF

Lot size:

0.05 Acres

Price / SF:

$991/SF

Added:: May 15, 2026
Days on Market:: 54
Last Refresh:: Jul 7 at 6:06 am

Property Features for 308 W De La Guerra Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R-4
Bedrooms: 4
Rooms: Bathroom 2, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 1
Parking features: On Street
Standard status: Active
APN: 037-032-016
Size: 2,012 SF
Lot size: 0.05 Acres

Utilities

Heating system: Wall Furnace

Building Details

Year built: 1940
Number of units: 4
Flooring type: Vinyl

We can help!

Contact an agent

Susan Jordano

Listing agent Susan Jordano

Listing office Village Properties 1250 Coast Village Rd, Santa Barbara, CA

Listing date May 15, 2026

MLS# 26-1616 Listing URL

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.

HighLights

Prime location near downtown Santa Barbara, offering easy access to dining, shopping, and entertainment.
Immediate cash flow from four fully leased one‑bedroom units.
Recently refreshed upper units and one lower unit, enhancing property appeal.
Welcoming communal pergola area and thoughtfully maintained landscaping.
On‑site laundry and outdoor storage lockers for each unit.
Basement storage for bikes and beach gear.

Overview

Located on a quiet street near downtown Santa Barbara, this four-unit property offers a blend of classic character and income potential. The approximately 2,012 square foot building features four one-bedroom, one-bath residences, each just over 500 square feet. All units are currently leased, providing immediate cash flow in a sought-after rental location. Recent upgrades include refreshed upper units and a previously refreshed lower unit, while the fourth unit offers an opportunity for future improvement and added value. Residents have access to a communal pergola area, on-site laundry, outdoor storage lockers for each unit, basement storage for bikes and beach gear, and maintained landscaping. The property's location near Paso Nuevo places dining, shopping, and entertainment nearby. This property presents an opportunity for investors seeking stability and upside. The lot size is 0.05 acres. The zoning is R-4.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Santa Barbara
County: Santa Barbara
State: California
Longitude: -119.703189
Latitude: 34.416183

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For sale
Quadplexes
CA
Santa Barbara
93101
308 W De La Guerra Street

What type of property is this?

Quadplex - Charming four-unit property near downtown Santa Barbara with income potential.

Where is this quadplex located?

The property is located at 308 W De La Guerra Street Santa Barbara, CA.

What is the asking price?

The asking price for this property is $1,995,000.

What are key features of this property?

This property features: Prime location near downtown Santa Barbara, offering easy access to dining, shopping, and entertainment.; Immediate cash flow from four fully leased one‑bedroom units.; Recently refreshed upper units and one lower unit, enhancing property appeal.

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

MULTI_FAMILY - SANTA BARBARA, CA

Property Features for 308 W De La Guerra Street

General Information

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Duplex with Permitted ADU

Renovated Duplex with Junior ADUs

Santa Barbara Duplex on Lower East

Restored Craftsman Triplex with Rooftops

Multi-Tenant Retail Center

Remodeled Duplex in Santa Barbara

Six-Unit Mixed-Use Commercial Property

Remodeled Corner Office Building

Remodeled Quadplex Near SBCC

Retail Suites in Santa Barbara

Santa Barbara Multi-Tenant Investment Opportunity

Santa Barbara Office Space Available

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