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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Interior Features
Balcony, High CeilingsRoof: See RemarksAppliances: Electric Cooktop, MicrowaveLaundry Features: Common Area -
Heating & Cooling
Has Heating: Yes Heating: Radiant Cooling: None
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Building Information
Year Built: 1970Construction Materials: Drywall, OtherStories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 10454 Lot Size Acres: 0.24 Lot Size Source: Assessor Lot Size Square Feet: 10,454 Lot Description: Near Park,Sprinklers NoneProperty Information
Subdivision: Not Applicable Source Property Type: Residential Income Levels: Two Property Age: 56
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Listing Price Information
Listing Price: $2900000Cash, Conventional
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Tax Information
Parcel Number: 079553005
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Virtual Tour
Parking Information
Parking Total: 11 Attached Carport, Off Street, Paved, Uncovered
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Location Information
Direction: Turn into Entrance Rd and follow the left road. The property will be on your right side near the end. Security Features: Smoke Detector(s)
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 | 6 | 5,027 | 5,027 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 |
| 6680 Sabado Tarde Road, Goleta, CA, 93117 | $3,598,000 | 8 | 4 | -- | |
| 6748 Del Playa Drive #A, Goleta, CA, 93117 | $2,598,000 | 5 | 3 | 2,000 | 2,000 SqFt |
| 6839 Sabado Tarde Road, Goleta, CA, 93117 | $2,398,000 | 5 | 4 | 2,499 | 2,499 SqFt |
| 7375 Chapman, Goleta, CA, 93117 | $1,526,000 | 5 | 3 | 2,335 | 2,335 SqFt |
| 251 La Casa Grande Circle, Goleta, CA, 93117 | $39,750,000 | 5 | 7 | -- | |
| 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 08/26/2026 @ 00:25
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