635 Gutierrez St, Santa Barbara, CA 93103
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.