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$2,267,076
Est. payment /mo
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-3446
Year Built 1956
Source Santa Barbara Multiple Listing Service
Property Description
A 6.5% cap rate! Month to month leases on this 6-unit multifamily in prime Goleta with strong rental demand and future upside. Each 2BD/1BA unit offers efficient layouts with patios or decks and mountain views. Amenities include garages with storage, on-site laundry, and ample parking. Located near UCSB, Old Town, and major employers, this property benefits from consistent tenant demand. All tenants are month-to-month with signed estoppels in hand including one year lease rejections--positioning this asset for rent growth and long-term value. ADU Potential.
Location
State CA
County Santa Barbara
Interior
Heating Wall Furnace
Laundry Laundry Room
Exterior
Parking Features Garage
Building
Lot Description Near Public Transit
Foundation Slab
New Construction No
Others
Tax ID 071-052-002
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Listed by Goodwin & Thyne Properties
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900