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2968 Washington St #1-4, New Cuyama, CA, 93254

4beds
4baths
2,160sqft
$599,000
$277price/sqft
$4,080/moest. monthly cost
$163,200/yrincome needed

About This Home

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.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

3/10
Cuyama Elementary SchoolGrades K-80.3 mi
--
Cuyama Valley High SchoolGrades 9-123.5 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1949

Materials

  • Foundation: Slab

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Other

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Tile,Wood/Laminate

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total interior livable area: 2,160 sqft

Property

Details

  • Parcel number: 149131004
  • Zoning: Other

Features

  • Stories: 1

Lot

  • Lot size: 0.56 Acres

Parking

  • Total spaces: 50
  • Parking features: RV Access/Parking,On Street,Outside,Other
  • Has uncovered spaces: Yes
  • Uncovered spaces: 50

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtVery High
  • Landslide
    LandslideVery High
  • Heat Wave
    Heat WaveRelatively High
  • Wildfire
    WildfireRelatively High
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Drought
Landslide
Heat Wave
Wildfire
Earthquake
Inland Flooding

FEMA Declared Disasters in Santa Barbara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$295$3,540
Property Taxes $294$3,528
Electricity $463$5,558
Total$4,080$48,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,885/yr
40% on housing$122,400/yr
45% on housing$108,800/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$277This listing

vs Other Active Listings

Avg $/sqft

ZIP 93254$488
Santa Barbara County$1,075

vs Homes Sold Last Month

Median $/sqft

ZIP 93254$186
Santa Barbara County$735

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$599,000

For Sale by Agent

AgentAaron Schulman
BrokerageDouglas Elliman of California, Inc.

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