523 W Gutierrez ST Street, Santa Barbara, CA 93101
523 W Gutierrez ST Street, Santa Barbara, CA 93101
523 W Gutierrez ST Street, Santa Barbara, CA 93101
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$2,000,000
Est. payment /mo
3 Beds
2 Baths
8,712 Sqft Lot
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Key Details

Property Type Single Family Home

Sub Type Home/Estate

Listing Status Active

Purchase Type For Sale

MLS Listing ID 26-1817

Style Bungalow

Bedrooms 3

Full Baths 1

Year Built 1910

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 8712.0

Property Sub-Type Home/Estate

Source Santa Barbara Multiple Listing Service

Property Description

Prime Santa Barbara Development Opportunity. 523 W. Gutierrez Street features an existing single-family home with a long-term tenant in place, providing immediate rental income, along with approved plans for a 9-unit residential development. Located in Santa Barbara's desirable Westside neighborhood, the property is just minutes from Downtown, State Street, the Funk Zone, the waterfront, and Santa Barbara City College. This rare entitled project offers investors and developers a unique opportunity to capitalize on strong housing demand in one of California's premier coastal markets while benefiting from current income and significant future upside.

Location

State CA

County Santa Barbara

Building

Foundation Pier & Post

Architectural Style Bungalow

New Construction No

Others

Tax ID 037-222-006

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Special Listing Condition Standard

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Listed by Paloma Realty Partners Inc.

Nearby Locations

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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523 W Gutierrez ST Street