920 E Gutierrez Street, SANTA BARBARA, CA 93103, SANTA BARBARA, 93103 - 3 bed, 2 bath
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SANTA BARBARA, CA 93103
This Classic California Craftsman is a Prime Investment Opportunity, listed at $1,330,000—positioned well below the $1,358,893 Fair Market Value by 2%. This valuation gap secures $28,893 in Instant Equity for the buyer. Maintaining a Condition Rating of 4, the home features Authentic Craftsman Character and Scenic Riviera Views of the hillside. While the interior is well-maintained, the dated systems offer a clear path for value-add modernization. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 920 E Gutierrez Street Subject | $1,330,000* List Price | 3 | 2 | 1,388 | $979 | - |
A 302 N Soledad Street Sold | $1,240,000 | 3 | 2 | 1,316 | $942 | 0.3 mi |
B 34 N Milpas Street Active | $1,395,000 List Price | 2 | 1 | 1,146 | $1,217 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, this home retains its original character with a 'period correct' kitchen and lathe and plaster walls. While very well-maintained and charming, the kitchen finishes and visible wall heating systems are significantly dated (well over 20 years old) and will eventually require modernization and system updates.
This 1920s home retains its original architectural integrity with built-in bookcases, wood floors, and lathe and plaster walls, offering a rare level of historic charm.
The property features beautiful tree-filtered views of the Riviera hillside, providing a high-end visual backdrop that is quintessential to the Santa Barbara experience.
A fully fenced yard with fruit trees and off-street parking creates a secure and serene sanctuary despite its convenient proximity to a bustling commercial corridor.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 'period correct' kitchen and 1920s construction materials may require significant capital investment to modernize for contemporary functionality and energy efficiency.
Being located off the Milpas shopping corridor may result in increased ambient noise and local traffic, which could impact the tranquility of the residential setting.
Charming 1920s California Craftsman located off the Milpas shopping corridor, offers a tree filtered view of the beautiful Riviera hillside. A lovely oasis in this bustling part of town, the 3-bedroom, 2-bath home retains its original character with built-in bookcases, fireplace, lathe & plaster walls, wood floors, and period correct kitchen. A fully fenced yard offers privacy, fruit trees, and off-street parking. Adding to its appeal, this sunny and bright home is awash in beautiful natural light. Truly a Santa Barbara classic.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,388 | 1,816 | 38% |
| Lot Size | 5,227 | 10,454.4 | 33% |
| Price | $1.33M | $2.12M | 19% |
| Price per sq ft | $958 | $1.6K | 29% |
| Built year | 1920 | 1929 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 220 | 5% |
Apr 28, 2026
$1,330,000
Initial Listing
Nov 28, 2012
$626,000
Public Record