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523 W Gutierrez St 11 Unit Apartment Building $2,413,145 CAD ($219,377 CAD/Unit) Santa Barbara, CA 93101
Investment Highlights
- Prime Location
Executive Summary
523 W. Gutierrez is a charming, recently updated 2-bedroom, 2-bath single-family home on an expansive 8,712 SF lot in Santa Barbara's Lower Westside. The spacious lot provides ample space for outdoor entertaining and gatherings, while also offering potential for a future ADU or development opportunity. Ideally located just minutes from downtown Santa Barbara, the Funk Zone, the waterfront, and Santa Barbara City College, this is a rare opportunity to own a single-family home in a prime Santa Barbara location with both immediate appeal and long-term potential. This property is entitled for a 9-unit multifamily development, reach out for plans.
Reach out for detailed development plans.
Reach out for detailed development plans.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | $6,895 CAD | 820 |
| 4+1 | 1 | $7,584 CAD | 857 |
| 2+1 | 2 | $3,487 CAD | 591 - 624 |
| 1+1 | 7 | $3,758 CAD | 300 - 585 |
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 037-222-006 | Improvements Assessment | $702,403 CAD |
| Land Assessment | $878,004 CAD | Total Assessment | $1,580,407 CAD |
Property Taxes
Parcel Number
037-222-006
Land Assessment
$878,004 CAD
Improvements Assessment
$702,403 CAD
Total Assessment
$1,580,407 CAD
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523 W Gutierrez St
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