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    Property profile & analytics
    OFF-MARKET Estimated value $2,770,000
    Warehouses

    635 Gutierrez St, Santa Barbara, CA 93103

    0.34 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-2051095
    Property summary
    AI-generated overview

    This exceptional Santa Barbara investment opportunity presents two industrial buildings totaling 6,707 square feet situated on a 14,602 square foot lot. The property, located at 635 E Gutierrez St, Santa Barbara, CA 93103, benefits from dual street access via Gutierrez and Quarantina Streets, offering convenient ingress and egress. The buildings boast impressive 20-foot ceilings and ample natural light, creating a bright and functional workspace. A shared courtyard patio provides an outdoor amenity. Nine on-site parking spaces are complemented by readily available all-day street parking on Quarantina Street. Adding to the property's versatility is a 900 square foot, two-bedroom, one-bathroom apartment, providing potential for additional income or on-site management. The property is zoned M-I. This central location places the property within easy reach of the vibrant Milpas corridor, the Laguna District, the Funk Zone, and the heart of downtown Santa Barbara, offering excellent access to amenities and a strong workforce. The asking price is $2,690,000, representing a price per square foot of $401.07. This is a rare chance to acquire a well-located, versatile industrial property in a thriving Santa Barbara market.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Lot 0.34 ac (14,810 SF)
    APN 031-293-012
    UPID US09-2051095
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.58M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.77M
    Owner & transaction history
    Sharm Properties LLC · 1 yrs held
    Sharm Properties LLC
    since 2025
    Last sale
    $3.0M
    7 recorded transactions
    2025
    $3.0M
    2025
    2024
    2023
    2018
    2017
    $2.6M
    2000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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