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520 W Gutierrez St

Santa Barbara, CA 93101
  • $2,695,000
  • STATUS: Active
  • ON SITE: 57 Days
  • MLS #: 21-3181
$2,695,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Beachside Partners.

Description

Great investment opportunity for a new or seasoned investor near SBCC! Offered at a 4.14% CAP rate on actuals with upside potential, 520 West Gutierrez has a great unit mix of (2) 3BD/2BA and (1) 4 BD/2BA fully furnished townhome style units w/ 6 off street parking spaces. Extensive ADU feasibility analysis recently performed towards potential 400-500 SF 1 bedroom unit and provides a ''road map'' for a new owner. Units have been tastefully updated and have great amenities including private patios, common laundry room, paid for utilities (inc cable and TV), full furnishings and high walkability. With its short distance to beach and Harbor, Funk Zone, State Street Promenade and HWY 101 this is highly desirable for either students or young professional

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© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-10-19T23:46:49.9. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-10-19T23:46:49.9.
www.theepsteinpartners.com/homes/120750673
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520 W Gutierrez St Santa Barbara, CA 93101

  • Price: $2,695,000
  • Status: Active
  • MLS #: 21-3181
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1979
Built
Neighborhood:
SB/West of State
County:
Santa Barbara
Area:
SB/West of State
Elementary School:
Other
Middle School:
Other
High School:
Other
Property Description
Great investment opportunity for a new or seasoned investor near SBCC! Offered at a 4.14% CAP rate on actuals with upside potential, 520 West Gutierrez has a great unit mix of (2) 3BD/2BA and (1) 4 BD/2BA fully furnished townhome style units w/ 6 off street parking spaces. Extensive ADU feasibility analysis recently performed towards potential 400-500 SF 1 bedroom unit and provides a ''road map'' for a new owner. Units have been tastefully updated and have great amenities including private patios, common laundry room, paid for utilities (inc cable and TV), full furnishings and high walkability. With its short distance to beach and Harbor, Funk Zone, State Street Promenade and HWY 101 this is highly desirable for either students or young professional
Exterior Features

Approximate Lot Size 7570 Parking Information GaragesMixedUncovered Parking Spaces 6.00

Interior Features

Laundry Room Refrigerators 3.00 Unit1 Baths 3.00 Unit1 Bedrooms 4.00 Unit1 Half Baths 0.00 Unit2 Baths 2.00 Unit2 Bedrooms 3.00 Unit2 Half Baths 0.00 Unit3 Baths 2.00 Unit3 Bedrooms 3.00 Unit3 Half Baths 0.00

Property Features

Cross Street Ladera Deposit 3.00 Foundation Slab Meters Separate Meter Electric Yes Meters Separate Meter Gas Yes Meters Separate Meter Water Yes Proximity Near BusNear OceanNear Park(S)Near School(S)Near Shopping Public Listing Details Owner is Licensee Stoves 3.00 Terms CashCtnlOther/Cla Unit1 Lease Unit1 Furnished Yes Unit1 Monthly Total 5900.00 Unit1 Rent 5900.00 Unit1 Units 1.00 Unit2 Lease Unit2 Furnished Yes Unit2 Monthly Total 3900.00 Unit2 Rent 3900.00 Unit2 Units 1.00 Unit3 Lease Unit3 Furnished Yes Unit3 Monthly Total 4995.00 Unit3 Rent 4995.00 Unit3 Units 1.00 Zoning R-4

Listing information © 2021 Santa Barbara MLS
Listing provided courtesy of Beachside Partners.



© 2021 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2021-10-19T23:46:49.9. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2021-10-19T23:46:49.9.
 
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Keller Williams
1503 Chapala Street
Santa Barbara CA, 93101
Listing provided courtesy of Beachside Partners.