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Goleta, CA Multifamily Homes & Duplexes for Sale

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  • /55

    $2,267,076

    $1M PRICE DROP

    5859 Mandarin Dr, Goleta, CA 93117

    A 6.5% cap rate! 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

    Marcos Lazaro Goodwin & Thyne Properties

    5859 Mandarin Dr, Goleta, CA 93117
  • /9

    $2,000,000

    • 3 Beds
    • 1 Bath
    • 1,102 Sq Ft

    6624 Sueno Rd, Goleta, CA 93117

    6624 Sueno Rd. is a 14,810 sf (0.34- acre) infill parcel situated in the heart of Isla Vista-Santa Barbara County's highest-density student housing community, adjacent to UC Santa Barbara's main campus.The Site currently operates as a 3 bed, 1 bath single family residence (1,102 SF) with significant underlying land value. The improvement-to-land ratio strongly signals a tear-down/redevelopment

    Mike Lopus Colliers International

    6624 Sueno Rd, Goleta, CA 93117
  • /23

    $2,425,000

    • 4 Beds
    • 2 Baths
    • 1,340 Sq Ft

    6880 Pasado Rd, Goleta, CA 93117

    Located in the heart of Isla Vista's vibrant rental market, 6880 Pasado Road offers investors a well-positioned duplex with strong income stability, consistent tenant demand, and outstanding long-term potential. Just blocks from UCSB and the beaches of Isla Vista, this property presents an appealing blend of lifestyle desirability and reliable returns. Main house is 4BD/2BA plus a 3BD/3BA ADU.

    Mike Lopus Colliers International

    6880 Pasado Rd, Goleta, CA 93117
  • /24

    $1,950,000

    • 1,105 Sq Ft

    6648 Del Playa Dr, Goleta, CA 93117

    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

    Mike Lopus Colliers International Greater Los Angeles, Inc.

    6648 Del Playa Dr, Goleta, CA 93117
  • /8

    $2,195,000

    • 4,710 Sq Ft

    257 Mathilda Dr, Goleta, CA 93117

    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

    Caitlin Hensel Hayes Commercial Group

    257 Mathilda Dr, Goleta, CA 93117
  • /2

    $2,598,000

    • 5 Beds
    • 3 Baths
    • 2,000 Sq Ft

    6748 Del Playa Dr Unit A, Goleta, CA 93117

    Adam Press Press Holdings Inc

    6748 Del Playa Dr Unit A, Goleta, CA 93117
  • /41

    $2,900,000

    • 2 Beds
    • 2 Baths

    431 Ellwood Beach Dr, Goleta, CA 93117

    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,

    Steve Golis Radius Group Commercial RE

    431 Ellwood Beach Dr, Goleta, CA 93117
  • /2

    $3,150,000

    • 4,864 Sq Ft

    357 Mathilda Dr, Goleta, CA 93117

    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.

    Jim Turner JT Real Estate Group

    357 Mathilda Dr, Goleta, CA 93117
  • /12

    $11,300,000

    • 14,888 Sq Ft

    6565 Sabado Tarde Rd, Goleta, CA 93117

    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

    Steve Golis Radius Group Commercial R.E.

    6565 Sabado Tarde Rd, Goleta, CA 93117
  • /25

    $1,775,000

    $24K PRICE DROP
    • 2,211 Sq Ft

    7380 Elmhurst Place, Goleta, CA 93117

    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

    Lenny Gerthoffer Blue Star Real Estate

    7380 Elmhurst Place, Goleta, CA 93117
  • /2

    $2,398,000

    • 5 Beds
    • 4 Baths
    • 2,499 Sq Ft

    6839 Sabado Tarde Rd, Goleta, CA 93117

    * 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

    Adam Press Press Holdings Inc

    6839 Sabado Tarde Rd, Goleta, CA 93117
  • /18

    $4,550,000

    • 6,445 Sq Ft

    6531 Del Playa Dr, Goleta, CA 93117

    6531 Del Playa Drive offers an investor generous cash-flow on the oceanfront of Isla Vista, in an A+ location nearly adjacent to the campus of the University of California at Santa Barbara, and benefiting from the more favorable blufftop geology in this part of Del Playa. Consider for a pure investor or for a UC Santa Barbara parent looking for a favorable cap rate for balance in a diversified

    Ken Switzer Berkshire Hathaway HomeServices California Properties

    6531 Del Playa Dr, Goleta, CA 93117
  • /19

    $1,695,000

    • 2,066 Sq Ft

    6679 Sabado Tarde Rd, Goleta, CA 93117

    6679 Sabado Tarde offers a rare opportunity to acquire a well-maintained duplex in the heart of Isla Vista, one of the Central Coast's most desirable, supply-constrained rental markets. The property features two spacious 2BD/1BA units one upstairs and one downstairs and is fully leased for the 2026-2027 school year, providing immediate income. Owned by the same family for nearly 30 years, the

    Jon Standring Beachside Partners

    6679 Sabado Tarde Rd, Goleta, CA 93117

Why Live in Goleta

Goleta, located just north of Santa Barbara, offers residents sunny California skies and beach access without the heavy tourism of its neighboring city. The community features a variety of housing options, including midcentury ranch-style homes, craftsman-inspired properties, condos, townhouses, and multiplexes, with development primarily beginning in the 1960s. Goleta Beach Park, Haskell’s Beach, and Santa Barbara Shores Park provide ample waterfront recreation, while Lake Los Carneros is popular for fishing and birdwatching. The Sandpiper Golf Club and Glen Annie Golf Club offer public golfing with scenic views. Old Town Goleta, known as the Heritage District, houses longstanding family-owned businesses, coffee shops, and Mexican restaurants, though ongoing construction for Project Connect has impacted local commerce. The Camino Real Marketplace features national retailers and hosts the weekly Goleta Farmer's Market. Attractions like the South Coast Railroad Museum and the annual Goleta Lemon Festival at Girsch Park add to the local charm. The Goleta Union Elementary School District and Santa Barbara Unified School District are highly rated, and the University of California Santa Barbara is a major employer and educational institution nearby. U.S. Route 101 provides easy access to Santa Barbara, 10 miles away, and Los Angeles, 104 miles away. The Santa Barbara Metropolitan Transit District and extensive bike trails facilitate local travel, while the Santa Barbara Airport offers direct flights to major destinations. Despite the sunny climate, Goleta faces risks of flooding and wildfires, with the Santa Barbara County Fire Department actively managing these hazards.

Home Price Trends

Median Sale Price
$1,325,000
Median Single Family Sale Price
$1,675,000
Median 2 Bedroom Sale Price
$739,000
Median 1 Bedroom Sale Price
$599,500
Average Price Per Sq Ft
$934
Number of Homes for Sale
39
Last 12 months Home Sales
220
Months of Supply
2.10
Median List Price
$1,385,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%
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