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$599,000
Est. payment /mo
2,160 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $277
MLS Listing ID 26-2539
Year Built 1949
Lot Size 0.560 Acres
Acres 0.56
Lot Dimensions 24393.0
Source Santa Barbara Multiple Listing Service
Property Description
Rare four-unit income property in the Cuyama Valley, situated on approximately 0.56 acre with expansive mountain, moonrise and sunset views. The property consists of four side-by-side, one-bedroom/one-bath units. Public records report 2,160 square feet; seller estimates each unit at approximately 540 square feet. Three units have been extensively remodeled and are currently operated as furnished short-term rentals. The fourth unit is under renovation, offering an opportunity to complete it for additional income, owner use, workforce housing or long-term tenancy.
The furnished rentals currently maintain a combined 4.88-star Airbnb rating. The three completed units are offered furnished and equipped, subject to a written inventory and seller exclusions, reducing a buyer's... initial furnishing and setup needs. Improvements include new insulation and drywall, electrical and plumbing upgrades, renovated interiors, air-conditioning units, wall furnaces, Starlink high-speed internet, EERO mesh Wi-Fi and Yale smart locks. The property also features a six-camera Swann security system with local and cloud backup, ample parking and additional outdoor space.
Located along Highway 166 near the Carrizo Plain National Monument, Los Padres National Forest, the Cuyama Badlands, Blue Sky Center, Rancho Trujillo and Cuyama Buckhorn. The surrounding valley offers rich Chumash history, regional off-road recreation, hiking, horseback riding, seasonal wildflowers, wildlife viewing and exceptional dark-sky stargazing.
An unusual opportunity for an investor, 1031-exchange buyer, owner-occupant or operator seeking multiple furnished units in a scenic rural setting. Property is zoned DR-6 according to available records. Buyer to independently verify square footage, unit configuration, zoning, permitted uses, short-term-rental eligibility, development potential and all other property information.
The furnished rentals currently maintain a combined 4.88-star Airbnb rating. The three completed units are offered furnished and equipped, subject to a written inventory and seller exclusions, reducing a buyer's... initial furnishing and setup needs. Improvements include new insulation and drywall, electrical and plumbing upgrades, renovated interiors, air-conditioning units, wall furnaces, Starlink high-speed internet, EERO mesh Wi-Fi and Yale smart locks. The property also features a six-camera Swann security system with local and cloud backup, ample parking and additional outdoor space.
Located along Highway 166 near the Carrizo Plain National Monument, Los Padres National Forest, the Cuyama Badlands, Blue Sky Center, Rancho Trujillo and Cuyama Buckhorn. The surrounding valley offers rich Chumash history, regional off-road recreation, hiking, horseback riding, seasonal wildflowers, wildlife viewing and exceptional dark-sky stargazing.
An unusual opportunity for an investor, 1031-exchange buyer, owner-occupant or operator seeking multiple furnished units in a scenic rural setting. Property is zoned DR-6 according to available records. Buyer to independently verify square footage, unit configuration, zoning, permitted uses, short-term-rental eligibility, development potential and all other property information.
Location
State CA
County Santa Barbara
Community Other
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s), Window Unit(s)
Laundry Other
Exterior
Parking Features RV Access/Parking, On Street, Outside, Other
Building
Foundation Slab
New Construction No
Others
Tax ID 149-131-004
Acceptable Financing Conventional, Cash, OMC 1st, Lease Option, FHA, OTHER/CLA
Listing Terms Conventional, Cash, OMC 1st, Lease Option, FHA, OTHER/CLA
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Listed by Douglas Elliman of California, Inc.
Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900