523 W Gutierrez Street, SANTA BARBARA, CA 93101 (MLS# 26-1817)

Your search results

523 W Gutierrez Street, SANTA BARBARA, CA 93101

$2,000,000

Property Type: Res Bedrooms: 3 Baths: 2 Square Footage: 998 Lot Size (sq. ft.): 8,712 Status: Active

Current Price: $2,000,000 List Date: 6/01/2026 Last Modified: 6/01/2026

Overview

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.

Listing Details MLS# 26-1817

Location Info

District: 20 - SB/WEST OF STATE
Street #: 523
Dir: W
Street Name: Gutierrez
Street Suffix: Street
State: CA
Country: US
Postal Code: 93101
County: Santa Barbara
Parcel Number: 037-222-006
Cross Street: Rancheria

Contract Info

Price: 2000000
Affordable Housing: No
Begin Date: 2026-06-01

Property Information

TYP: Home/Estate
Total Bedrooms: 3
Total Bathrooms: 2
Total Full Baths: Yes
Year Built: 1910
Total SqFt.: 998
Source: Public Records
Apx # Acres: 0.2
Apx Lot SqFt: 8712
ADU: No
Within City Limits Y/N: No
Recurring Fees: No
Total # Units in Development: 0

Remarks

Hot Sheet Comment: new

Owner Info

Deposit: 3

Neighborhood/Schools

Elementary School: Roosevelt
Junior High School: S.B. Jr.
High School: S.B. Sr.

More Information

Condition

Good: Yes
Updated/Remodeled: Yes

Style

Bungalow: Yes

Construction

Single Story: Yes

Foundation

Pier & Post: Yes

Exterior

Wood Siding: Yes

Fencing

Fenced: ALL: Yes

Zoning

R-MH: Yes

Reports Available

Soils: Yes
Build Plans: Yes
Survey: Yes
Leases: Yes

Terms

Cash: Yes
Conventional: Yes

Pub Listing Details

Standard: Yes

Property Features

Condition: Good; Updated/Remodeled Style: Bungalow Construction: Single Story Foundation: Pier & Post Exterior: Wood Siding Fencing: Fenced: ALL Zoning: R-MH Reports Available: Soils; Build Plans; Survey; Leases Terms: Cash; Conventional Pub Listing Details: Standard

Room Information

Room Name	Level
Den	First

Listing Office: Paloma Realty Partners Inc.

Last Updated: June - 01 - 2026

The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.