REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,995,000
Est. payment | /mo
6,534 Sqft Lot
$ 1,995,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 26-1547
Year Built 1970
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 6534.0
Source Santa Barbara Multiple Listing Service
Property Description
Offers to be reviewed Monday, May 18th at Noon. 117 Magnolia Ave presents a rare opportunity to acquire a well-located 6-unit apartment building in the heart of Goleta. This property offers strong in-place income with upside potential through rental increases and operational efficiencies. Situated in a highly desirable rental market near major employers, retail amenities, and UCSB, the asset benefits from consistent tenant demand and long-term appreciation potential. Ideal for investors seeking stable cash flow with value-add potential in one of Santa Barbara County's most sought-after submarkets.
Location
State CA
County Santa Barbara
Others
Tax ID 071-052-004
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Radius Group Commercial R.E.
Schools and Properties Nearby
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