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  • $2,000,000

    523 W Gutierrez St, Santa Barbara, CA 93101

    3beds
    998sqft
    : 
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    Single Family Residence
    Built in 1910
    8,712 Square Feet Lot
    $1,930,100 Zestimate®
    $2,004/sqft
    $-- HOA

    What's special

    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.
    42 days
    |
    418
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Oliver M Fries 01891656 805-259-9638,

    Paloma Realty Partners Inc.,

    Adam Kanizo 02008361 818-292-1346,

    Paloma Realty Partners Inc.

    Source: SBMLS,MLS#: 26-1817MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      Den
      • Level: First
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 998
      • Total interior livable area: 998 sqft

      Property

      Features
      • Levels: Single Story
      • Fencing: Full
      Lot
      • Size: 8,712 Square Feet
      Details
      • Parcel number: 037222006
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Pier & Post
      Condition
      • Updated/Remodeled,Good
      • Year built: 1910

      Community & HOA

      Location
      • Region: Santa Barbara

      Financial & listing details

      • Price per square foot: $2,004/sqft
      • Tax assessed value: $1,123,632
      • Annual tax amount: $11,891
      • Date on market: 6/1/2026
      • Cumulative days on market: 43 days
      • Listing terms: Conventional,Cash

        Estimated market value

        $1,930,100

        $1.83M - $2.03M

        $5,050/mo

        Price history

        DateEventPrice
        6/1/2026Listed for sale$2,000,000+85.2%$2,004/sqft
        Source: SBMLS #26-1817 Report a problem
        10/24/2022Sold$1,080,000$1,082/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,891 +1.7%$1,123,632 +2%
        2024$11,687 +1.8%$1,101,600 +2%
        2023$11,475 +199.3%$1,080,000 +202.2%
        2022$3,834 +2.4%$357,324 +2%
        2021$3,745 +1%$350,319 +1%
        2020$3,706 +1.8%$346,728 +2%
        2019$3,641 +1.4%$339,931 +2%
        2018$3,590 +499.9%$333,266 +523%
        2017$598 -11.2%$53,492 +2%
        2016$674 +2.4%$52,444 +1.5%
        2015$658 $51,657 +2%
        2014$658 $50,646 +2.5%
        2012-- $49,430 +2%
        2011-- $48,462 +0.8%
        2010-- $48,101 -0.2%
        2009-- $48,216 +2%
        2008-- $47,272 +2%
        2007-- $46,346 +2%
        2006-- $45,438 +2%
        2005-- $44,548 +3.9%
        2003-- $42,876 +2%
        2002-- $42,036 +2%
        2001-- $41,213 +2%
        2000-- $40,406
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Westside

        Getting around

        74 / 100
        Very Walkable
        42 / 100
        Some Transit
        100 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Roosevelt
        • Middle: S.B. Jr.
        • High: S.B. Sr.

        Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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