23 Magnolia Ave Goleta, CA 93117
Estimated payment $34,802/month
Highlights
- Property is near a park
- Kellogg Elementary School Rated A
- Laundry Room
About This Home
Roof will be replaced and balconies repaired by close of escrow! JJ's Apartments offers a rare chance to acquire a 19-unit community in the heart of Old Town Goleta. This well-maintained asset blends vintage charm, walkable convenience, strong curb appeal, and meaningful upside. The mix includes (17) 1BD/1BA and (2) 3BD/1BA units, drawing consistent demand from workforce tenants and UCSB students. One recently remodeled unit was just leased, highlighting renovation potential. The ±14,810 SF parcel includes a ±12,755 SF building, 8 carports, 11 uncovered spaces, and a ±1,480 SF carport suited for future ADU development. With its mid-century design and prime accessibility, JJ's Apartments embodies Goleta's enduring coastal rental appeal.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 0.34 Acre Lot
- Property is in good condition
Home Design
- 12,755 Sq Ft Home
Laundry
- Laundry Room
Parking
- 11 Open Parking Spaces
- 11 Parking Spaces
- 8 Carport Spaces
Location
- Property is near a park
- Property is near public transit
- Property is near schools
- Property is near shops
- Property is near a bus stop
Schools
- La Patera Elementary School
- Gol Valley Middle School
- Dos Pueblos High School
Community Details
- 19 Units
- Gross Income $447,876
Listing and Financial Details
- Assessor Parcel Number 071-021-004
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | For Sale | $5,550,000 | -- | $435 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-4179
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