523 W Gutierrez Street, Santa Barbara, CA 93101
- $2,000,000
- 3
- BD
- 2
- BA
- 998
- SqFt
- List Price
- $2,000,000
- Status
- ACTIVE
- MLS#
- 26-1817
- Property Type
- Home/Estate
- Bedrooms
- 3
- Bathrooms
- 2
- Living Area
- 998
- Lot Size
- 8,712
- Region
- SB/WEST OF STATE
- Year Built
- 1910
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.
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Additional Information
- Elementary School
- Roosevelt
- Middle School
- S.B. Jr.
- High School
- S.B. Sr.
- Acres
- 0.20
- Condition
- Updated/Remodeled
- Construction
- Single Story
- Exterior
- Wood Siding
- Foundation
- Pier & Post
- Living Area
- 998
- Lot Size
- 8,712
- Region
- SB/WEST OF STATE
- Terms
- Cash, Conventional
- Zoning
- R-MH
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Listing courtesy of Paloma Realty Partners Inc..