Property profile

635 Gutierrez St Santa Barbara, CA 93103

OFF-MARKET
Warehouses
Property ID
US09-2051095
0.34 ac lot
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

635 Gutierrez St Santa Barbara, CA 93103
Santa Barbara metro Census 801 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.58M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.58M

Owner & transaction history

since 2025
Last sale
$3.0M
7 recorded transactions
2025
$3.0M
2025
Price N/A
2024
Price N/A
2023
Price N/A
2018
Price N/A
2017
$2.6M
2000
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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