117 Magnolia Avenue, Goleta, CA 93117

Goleta
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
117 Magnolia Avenue,Goleta, CA 93117
$1,995,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: gene deering, robert hambleton
Office: radius group commercial r.e.
MLS#:26-1547
Source:SBAOR

Price summary

  • Price:$1,995,000

About this home

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.

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Home facts

  • Year built:1970
  • Listing ID #:26-1547
  • Added:93 day(s) ago
  • Updated:August 13, 2026 at 07:50 AM

Structure and exterior

  • Year built:1970
  • Lot area:0.15 Acres

Schools

  • High school:Dos Pueblos
  • Middle school:Gol Valley
  • Elementary school:Other

Finances and disclosures

  • Price:$1,995,000
Based on information from the Santa Barbara MLS as of August 13, 2026 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.

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