$1,989,000

117 Magnolia Avenue, GOLETA CA, 93117

Price per sqftN/A

Built in1970

Property typeResidential

Courtesy of Gene Deering, Radius Group Commercial R.E.

Overview

Sold

Closed

Listed May 11, 2026

Updated 12 days ago

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.

Additional information

MLS^® ID: 26-1547

Interior Features

Bedrooms: 3
Bathrooms: 4
Basement: No

Exterior Features

Lot Size: 0.15 Acres

Listed by Radius Group Commercial R.E., Gene Deering,
Listing Contact: [email protected]

This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service, the listing broker(s), the owner of this site, nor Luxury Presence shall be responsible for any typographical errors, misinformation, or misprints.

Data last updated 3:54 AM UTC, 9/12/2026

Powered by Luxury Presence