117 Magnolia Avenue, Goleta, CA 93117
- $1,989,000
- Sold Price
- $1,989,000
- List Price
- $1,995,000
- Status
- CLOSED
- MLS#
- 26-1547
- Closing Date
- Sep 11, 2026
- Region
- SB/GOL SOUTH
- Year Built
- 1970
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.
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Additional Information
- Elementary School
- Other
- Middle School
- Gol Valley
- High School
- Dos Pueblos
- Acres
- 0.15
- Region
- SB/GOL SOUTH
- Terms
- Cash, Conventional
- Units
- 6
- Zoning
- Other
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Listing courtesy of Radius Group Commercial R.E.. Selling Office: .