2968 Washington Street, CUYAMA, CA 93254, CUYAMA, 93254 - bed, bath

2968 Washington Street, CUYAMA, CA 93254 home-pic-0

2968 Washington Street

CUYAMA, CA 93254

ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,160Sq Ft
24,393Lot Size

Property Price

LIST PRICE$849,900

SUMMARY

Analysis of 2968 Washington Street, CUYAMA, CA 93254 is currently available with a list price of $849,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the CUYAMA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although built in 1949, the property is move-in ready with three of the four units recently remodeled for short-term rental use. These units feature modern upgrades including smart locks, security systems, and updated interiors. While one unit remains a 'value-add' project, the overall infrastructure and major systems are well-maintained and functional for immediate income generation.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey STR Infrastructure

    Three units are fully remodeled and equipped with Starlink internet, mesh WiFi, and smart locks, providing an immediate, tech-enabled income stream suitable for remote management.

  • Strategic Tourism Location

    Positioned in the emerging Cuyama Valley corridor near Carrizo Plain National Monument and Los Padres National Forest, the property is ideally located to capture niche desert tourism and film production demand.

  • Significant Value-Add Potential

    The property features a fourth unit ready for activation and a large 0.56-acre lot zoned DR-6, offering clear opportunities for expansion, ADU development, or strategic repositioning.

CONSRISKS & DEFICIENCIES

  • Water Basin Restrictions

    The property is located within the adjudicated Cuyama Groundwater Basin, which may impose strict limitations on water usage, well capacity, and future development projects.

  • Regulatory Uncertainty

    The listing requires buyers to independently verify short-term rental permissibility and zoning overlays, indicating potential regulatory hurdles that could impact the current operating model.

About 2968 Washington Street

Fully operational fourplex in the heart of Cuyama Valley on a 0.56-acre lot along Highway 166. Four side-by-side units of approx. 510 sq. ft. each (approx. 2,040 sq. ft. total). Three remodeled units generate active short-term rental income; the fourth offers value-add or owner-user potential. Upgrades include Starlink internet, EERO mesh WiFi, smart locks, and security system. Zoned DR-6 per Santa Barbara County. Buyer to verify use, STR status, and development potential. Ideal for investors or 1031 exchange buyers seeking income and long-term upside. Income & Operations The property is currently operating as a short-term rental asset. Financial documentation and booking summaries are available upon accepted offer. Infrastructure supports remote and efficient management, including: " Starlink high-speed internet " EERO mesh WiFi routers in each unit " Yale Assure 2 smart locks " Six-camera Swann security system with back up This setup allows for streamlined operations and reduced on-site management requirements. Location & Demand Drivers The property benefits from proximity to: " Carrizo Plain National Monument " Los Padres National Forest " The historic Buckhorn Hotel & Restaurant " Film production activity in the Cuyama Valley corridor " Growing dark-sky and desert tourism demand " L88 Landing strip for private aircraft " Quail Springs Permaculture " Blue Sky Center and more. New Cuyama continues to attract visitors seeking rural California experiences, outdoor recreation, and quiet desert retreat settings. Zoning & Development Zoned DR-6 (Design Residential) per Santa Barbara County. Existing fourplex is an established residential / commercial use. Buyer to independently verify: " Short-term rental permissibility " ADU eligibility " Future development potential " Any overlay or use restrictions Water Basin Disclosure The property lies within the adjudicated Cuyama Groundwater Basin. Buyer to independently verify water use regulations, well capacity (if applicable), and any irrigation or development limitations. Value-Add Potential Opportunities may include: " Completion and activation of the fourth unit " Optimization of ADR and occupancy " Branding and direct booking growth " Mid-term rental positioning " Outdoor programming enhancements " Strategic repositioning as boutique desert compound Ideal Buyer Profile This property may appeal to: Investors seeking stabilized short-term rental income 1031 exchange buyers seeking smaller replacement assets Owner-operators seeking lifestyle and income flexibility Buyers looking for long-term appreciation in an emerging rural corridor The Dew Drop Inn represents a rare opportunity to acquire an income-producing asset with lifestyle optionality in one of California's most authentic desert valleys. Financials and additional operational details available upon accepted offer with POF for full purchase price.

Property Details

Public Facts

Property Type
Residential Income
Year Built
1949
Lot Size
24,393 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
-

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

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Pricing History

Listed for Sale

Feb 19, 2026

$849,900

Initial Listing

Sold

Aug 12, 2022

$225,000

Public Record

Sold

Nov 8, 2013

$140,000

Public Record

Sold

Sep 13, 2005

$265,000

Public Record

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