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117 Magnolia Ave
Goleta, CA 93117 Downtown Goleta

$1,995,000 USD

Apartments For Sale  •  3,972 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,972 SF
  • Lot Size 0.15 AC
  • Building Class C
  • Year Built 1965
  • Zoning RM
60 Transit Score
50 Walk Score

Highlights

Unit Mix: (2) Studios; (2) 1BD/1BA; (2) 2BD/2BA.
Parking: 2-car carport & 5 open spaces.
Current CAP rate: 5.13% (as of 6/1/26).
Located near the University of California, Santa Barbara and Goleta's tech employment corridor.
NOI: $102,412

Property Flyers

Amenities

  • Balcony
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Patio
  • Vinyl Flooring
  • Private Bathroom

Public Transportation

Commuter RailDriveWalkDistance
Goleta Amtrak (Pacific Surfliner - Amtrak) 3 min - 1.3 mi
Santa Barbara (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak) 13 min - 9.3 mi
AirportDriveWalkDistance
Santa Barbara Municipal 17 min - 3.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes
Rob Hambleton 805-455-4003 Radius Commercial Real Estate
Rob Hambleton 805-455-4003 Radius Commercial Real Estate