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  • 431 Ellwood Beach Drive

431 Ellwood Beach Drive, Goleta, CA 93117

$2,900,000 Approx. USD 0 beds, 0 baths

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
 Santa Barbara 3868 State St
Santa Barbara, CA 93105
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Fax: 805-563-0053
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Listing Agent


Steven J Golis
Lic#: 00772218
Broker: Courtesy of Radius Group Commercial R.E.

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26-2241
Price: $2,900,000
Beds: 0
Baths: 0
Built in 1970
10454.00 acres
Lot size: 0.2400
County: Santa Barbara
Zoning: Other
Lot description: Near Public Transit
MLS area: 30 - SB/GOL SOUTH

Last Updated: 7/17/2026

 Days On Market (DOM): 11

 Find more GOLETA homes and real estate

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This listing belongs to the 30 - SB/GOL SOUTH MLS area

Lat/Long: 34.423997, -119.885898.
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Source: SBM. Also Available in V1-37442,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
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