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Listed by: Daniel Withers (818) 923-6107 DRE #01325901 | Matthews Real Estate Investment Services (866) 889-0550
$3,600,000
16 Beds
- 12 Baths
6,819sqft
406 Ellwood Beach Dr, Goleta, CA 93117
$3,600,000
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Multi Family
Built in -
$-- HOA
11,326 sqft lot
$528/sq.ft
Description
-Prime Coastal Location: Located steps from Ellwood Beach in the highly sought-after Goleta submarket of Santa Barbara County, benefiting from strong renter demand driven by proximity to UCSB, Isla Vista spillover, and major South Coast employment centers. -Desirable Unit Mix: Two-bedroom layouts align with strong local demand from students, young professionals, and shared living arrangements common in the UCSB-adjacent rental market. -Clear Rental Upside: Current rents average $2,845 for two-bedroom/one-bath units and $3,031 for two-bedroom/two-bath units, while renovated units achieve $3,200 per month, demonstrating immediate mark-to-market potential. -Proven Renovation...
Continue ReadingProperty Details
Status
Pending
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
6,819 sqft
Lot Size
11,326 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26667697
MLS Status
Pending
Days on Market
114
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