714-745-2708

431 Ellwood Beach Drive, Goleta, CA 93117

$2,900,000 Approx. USD 0 beds, 0 baths

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Steven J Golis
Lic#: 00772218
Broker: Courtesy of Radius Group Commercial R.E.

Agent Remarks

Offered for the first time in decades, 431 Ellwood Beach Drive presents a rare opportunity to acquire a seven-unit apartment community in one of Goleta's most desirable coastal neighborhoods, just a few blocks from Ellwood Beach. Comprised of spacious two-bedroom, two-bathroom units, the property generates strong in-place income at a 5.20% current cap rate. Many units feature updated flooring, while two upstairs residences benefit from vaulted ceilings that enhance the sense of space and natural light. Tenants also benefit from off street covered parking and storage. Located just moments from Ellwood Beach, Ellwood Mesa Open Space, UCSB, and Goleta's major employment centers, the property offers an exceptional blend of coastal living and everyday convenience.

Listing Details

Property type: (Multi-Family)

Status: Pending

MLS# 26-2241

Price: $2,900,000

Beds: 0

Baths: 0

Built in 1970

10454.00 acres

Lot size: 0.2400

County: Santa Barbara

Zoning: Other

Lot description: Near Public Transit

MLS area: 30 - SB/GOL SOUTH

Last Updated: 10/6/2026

Days On Market (DOM): 92

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This listing belongs to the 30 - SB/GOL SOUTH MLS area

Lat/Long: 34.423997, -119.885898.
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Source: SBM. Also Available in V1-37442,

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