431 Ellwood Beach Drive
Goleta, CA 93117
0
Bed
0
Bath
10,454Sqft(Lot)
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 layou
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 -
Interior Features
Roof: See Remarks Interior Features: Balcony,High Ceilings Property Appliances: Electric Cooktop,Microwave Fireplace: None Flooring: Carpet,Vinyl -
Cooling Features
None Air ConditioningHeating Source
Radiant Has HeatingFireplace
Fireplace Features: None Has Fireplace: 0
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Building Information
Year Built: 1970 Construction: Drywall,Other Roof: See Remarks -
Foundation
SlabSecurity Features
Smoke Detector(s) -
Accessibility Features
ParkingPool Features
NoneLaundry Features
Common Area
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.24 -
Lot Size Source: Assessor Lot Size Square Feet: 10454
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Listing Price Information
Original List Price: 2,900,000 Listing Contract Date: 2026-07-07 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 079553005
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Garage and Parking
Garage Description: Attached Carport,Off Street,Paved,UncoveredHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: GLTA - Goleta Directions: Turn into Entrance Rd and follow the left road. The property will be on your right side near the end. Zoning: R-MR Source Property Type: Residential Income Area: GLTA - Goleta -
Building and Construction
Property Age: 56 Common Walls: No Common Walls Year Built Source: Other Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5859 Mandarin Drive, Goleta, CA, 93117 | $2,267,076 | 12 | -- | 5,027 | 5,027 SqFt |
| 6591 Cordoba Road, Goleta, CA, 93117 | $4,425,000 | -- | -- | 5,130 | 5,130 SqFt |
| 6624 Sueno Road, Goleta, CA, 93117 | $2,000,000 | 3 | 1 | 1,102 | 1,102 SqFt |
| 6648 Del Playa Drive, Goleta, CA, 93117 | $1,950,000 | -- | -- | 1,105 | 1,105 SqFt |
| 6748 Del Playa Drive #A, Goleta, CA, 93117 | $2,598,000 | 5 | -- | 2,000 | 2,000 SqFt |
| 6839 Sabado Tarde Road, Goleta, CA, 93117 | $2,398,000 | 5 | -- | 2,499 | 2,499 SqFt |
| 6880 Pasado Road, Goleta, CA, 93117 | $2,425,000 | -- | -- | 1,340 | 1,340 SqFt |
| 10697 Calle Quebrada, Goleta, CA, 93117 | $3,975,000 | 5 | 4 | 4,511 | 4,511 SqFt |
| 10800 Calle Real, Goleta, CA, 93117 | $2,175,000 | 5 | 3 | 1,700 | 1,700 SqFt |
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ByOwner last updated this listing 07/11/2026 @ 18:13
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