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Pending
    • $1,995,000

    117 Magnolia Ave, Goleta, CA 93117

    3beds
    4baths
    --sqft
    : 
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    Multi Family
    Built in 1970
    -- sqft lot
    $1,889,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    16 days
    |
    8
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gene Deering 01450943 805-879-9623,

    Radius Group Commercial R.E.,

    Robert Hambleton 01858350 805-455-4003,

    Radius Group Commercial R.E.

    Source: SBMLS,MLS#: 26-1547MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      Features
      • Has fireplace: No

      Property

      Lot
      • Size: 6,534 Square Feet
      Details
      • Parcel number: 071052004
      • Zoning: Other

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1970

      Community & HOA

      Location
      • Region: Goleta

      Financial & listing details

      • Date on market: 5/11/2026
      • Cumulative days on market: 17 days
      • Listing terms: Conventional,Cash

        Estimated market value

        $1,889,600

        $1.80M - $1.98M

        $4,773/mo

        Price history

        DateEventPrice
        5/20/2026Pending sale$1,995,000
        Source: SBMLS #26-1547 Report a problem
        5/11/2026Listed for sale$1,995,000
        Source: SBMLS #26-1547 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 93117

        Getting around

        77 / 100
        Very Walkable
        87 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Gol Valley
        • High: Dos Pueblos

        Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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