2 PARCEL DEVELOPMENT & INCOME OPPORTUNITY! This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street from Goleta Cottage Hospital. The portfolio comprises two value-add properties and offers multiple paths to achieve the highest and best use, whether through repositioning, redevelopment, or long-term hold. 5400 Hollister Avenue features a rare oversized lot of approximately 20,473 SF, currently improved with income producing structures consisting of a single-family residence and two additional units. The expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or reconfiguration to maximize value. 5392-5396 Hollister Avenue is a mixed-use asset situated on a 21,344 SF lot, comprised of six residential cottages and one commercial unit. Most of the cottages have been extensively renovated, offering modern finishes and strong in-place income with additional upside potential. The commercial unit is occupied by a well-established tenant with a lease in place through 2029, providing stable and predictable income
Fantastic opportunity to acquire a well located and fully renovated 3-bedroom 2 bathroom with an attached 2-car garage and a strong income producing second floor 1-bedroom 1 bathroom (tenant occupied) situated blocks from Old Town Goleta. The fully updated 3/2 has new flooring, renovated kitchen and bathrooms, new dual pane windows, sliders and doors, as well as new interior and exterior paint. The kitchen opens up to a spacious dining area. A cozy living area with fireplace opens up to a large, fully fenced yard with multiple fruit trees and low maintenance landscaping. The large upstairs 1/1 has strong income production or multi-family/in-law opportunity. Tenant occupied. Please do not disturb. Private showing by request as work is still underway.
Please email or text to request the Offering Memorandum. Now available for sale a three-property portfolio in Isla Vista (Goleta, CA 93117): 1. 6839 Sabado Tarde Rd APN 075-182-014 2. 6748 Del Playa Dr APN 075-191-024 3. 6680-6684 Sabado Tarde Rd APN 075-152-059 & 075-152-058
Located in the desirable Ellwood Beach neighborhood of the City of Goleta, this six-unit apartment property offers a highly attractive unit mix of four 2-bedroom, 1.5-bath townhomes--each featuring a private patio--and two 1-bedroom, 1-bath flats. Residents enjoy an exceptional coastal lifestyle, with the Ellwood Beach Preserve, scenic hiking and walking trails, pristine beaches, and bike paths all within walking distance. The property is also conveniently situated near the intersection of Hollister Avenue and Storke Avenue, providing immediate access to five shopping centers offering a wide array of dining, retail, and everyday amenities. See ''more'' Its strategic location near Goleta's prominent Office and Technology Parks and the University of California, Santa Barbara positions the property to attract and sustain a diverse tenant base, including families, young professionals, and students alike. Laundry: Yes, common laundry room Utilities: Separately metered for electricity Inspections: CLA
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. With its attractive unit layouts, well-maintained condition, and irreplaceable location near the coast, 431 Ellwood Beach Drive represents a rare multifamily investment opportunity in one of Santa Barbara County's most sought-after rental markets.
6648 Del Playa Drive, a trophy value add opportunity in the heart of Del Playa, the center of the action in Isla Vista and the address every UC Santa Barbara student wants. Sitting in the most active stretch of the street and a short walk from campus, the property offers an ownership position in a fully built out, coastal constrained submarket where new supply does not come to market and demand never lets up. The play is location and a clear income lift rather than current yield. Held under the same ownership for more than 50 years, the asset operates in place as a three bed two bath home has the ability to add an ADU to create additonal income at this location.
Please email or text to request the Offering Memorandum. Now available for sale a three-property portfolio in Isla Vista (Goleta, CA 93117): 1. 6839 Sabado Tarde Rd APN 075-182-014 2. 6748 Del Playa Dr APN 075-191-024 3. 6680-6684 Sabado Tarde Rd APN 075-152-059 & 075-152-058
* New roof * New decks* All new windows* All new stucco, siding, and paint* New rear patio and exterior fencing* New tankless water heater* New main electrical panel. Please email or text to request the Offering Memorandum. Now available for sale a three-property portfolio in Isla Vista (Goleta, CA 93117): 1. 6839 Sabado Tarde Rd APN 075-182-014 2. 6748 Del Playa Dr APN 075-191-024 3. 6680-6684 Sabado Tarde Rd APN 075-152-059 & 075-152-058
This 10 unit complex is located just a short walk to the beach as well as UCSB. Current rents are approximately 78% of market rents. All units are studio lofts.
6565 Sabado Tarde is a two-building, 19-unit student housing asset just over a block away from the UC Santa Barbara campus and one block from the beach, the two factors that drive leasing velocity and rent premiums in Isla Vista. The property offers 55 beds across 30 bedrooms in a mix of thirteen 1BD/1BA units and six townhomes (one 2BD and five 3BD), and is rented by the unit, giving a new owner clear levers on rent growth and turnover-driven repricing each academic year. The units present in turn-key condition, with updated interiors--vinyl plank flooring, refreshed kitchens, and solid appliances. Projected 2026/27 income of $857,952, plus $54,871 in other income from parking, RUBS, and laundry, supports an NOI of $622,060 and a 5.50% cap rate at the asking price.Isla Vista is the primary off-campus housing market for UCSB, whose enrollment sits at roughly 26,000 students. That scarcity has driven steady long-term rent growth: the submarket is roughly 99% renter-occupied with consistently low vacancy and now carries some of the highest median rents in the greater Santa Barbara area. High annual turnover lets owners reset rents to market each cycle, and units are routinely pre-leased well ahead of the academic year with minimal downtime.
Spectacular opportunity to own a rarely available duplex in University Village. Tucked away on a short, quiet cul-de-sac, this property offers an ideal combination of privacy, location, and versatility--close to everything Goleta has to offer. Featuring two well-designed units the two story townhouse-style unit offers 1,238 sq ft with 2 bedrooms and 1.5 baths.The second unit is a single-level 2-bedroom, 1-bath home with 953 sq ft. Both units enjoy private, fenced outdoor spaces, perfect for relaxing or entertaining. Each share a spacious two-car garage. Updated paint, windows, electrical and flooring. Amenities include use of the community pool,tennis and basketball courts, and a playground area.This duplex is ideal for both owner-occupant and investors alike. Opportunity knocks!
Tons of potential! 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.


Goleta is located in California. Goleta, California has a population of 32,677. Goleta is more family-centric than the surrounding county with 35.17% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Goleta, California is $104,830. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Goleta is 35 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 18.1 inches per year, with 0 inches of snow per year.