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117 Magnolia Avenue, 
Goleta, CA 93117

$1,995,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Pending

Listed by

Gene Deering

, 

Robert Hambleton

Radius Group Commercial R.E.

Last updated:

July 2, 2026, 07:56 AM

MLS#

26-1547

Source:

SBAOR

About This Home

117 Magnolia Avenue

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.

Home Facts

Multi-Family

Built in 1970

Price Summary

1,995,000

MLS #:

26-1547

Last Updated:

July 2, 2026, 07:56 AM

Added:

1 month(s) ago

Structure

Structure

Year Built:

1970

Lot

Lot Size (Sq. Ft):

6,534

Finances & Disclosures

Finances

Price:

$1,995,000

Source:SBAOR
Based on information from the Santa Barbara MLS as of July 3, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.