$2,195,000

257 Mathilda Dr Goleta, CA 93117

Estimated payment $13,408/month

-- Bed
-- Bath
4,710 Sq Ft
$466 Price per Sq Ft

Highlights

  • Property is near an ocean
  • Property is near park and shops
  • Laundry Room
  • Ellwood Elementary School Rated A-

About This Home

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 all within walking distance. The property is also conveniently situated near the intersection of Hollister Avenue and Storke Avenue, providing immediate access to five shopping centers offering a wide array of dining, retail, and everyday amenities. See ''more'' Its strategic location near Goleta's prominent Office and Technology Parks and the University of California, Santa Barbara positions the property to attract and sustain a diverse tenant base, including families, young professionals, and students alike. Laundry: Yes, common laundry room Utilities: Separately metered for electricity Inspections: CLA

Listing Agent

Caitlin Hensel

Hayes Commercial Group License #01893341 Listed on: 07/14/2026

Co-Listing Agent

Christos Celmayster

Hayes Commercial Group License #01342996

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Home Design

  • Slab Foundation

Interior Spaces

  • 4,710 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Additional Features

  • Property is near an ocean
  • 6,970 Sq Ft Lot
  • Property is near park and shops
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 079-554-007
  • Seller Considering Concessions

Community Details

Overview

  • 6 Units
  • 30 Ellwood/Santa Barbara Shores Subdivision

Building Details

  • Electric Expense $128
  • Insurance Expense $532
  • Maintenance Expense $425
  • Water Sewer Expense $781
  • New Taxes Expense $1,921
  • Operating Expense $58,547
  • Gross Income $162,270
  • Net Operating Income $100

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Income Expenses Annual Income: 162270.0
  • Capitalization Rate: 4.58%
  • Income Expenses Electric Expense: 128.0
  • Gross Rent Multiplier: 13.53
  • Maintenance Expense: 425.0
  • Annual Expenses: 58547.0
  • Monthly Expense: 4879.0
  • Monthly Income: 13350.0
  • Income Expenses Water Expense: 781.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
  • Miscellaneous Parking Spaces: 5.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • Income And Expenses Maintenance Expense: 425.0
  • Co List Office Mls Id: bhc
  • Co List Office Phone: 805-563-2111
  • Subdivision Name: 30 - Ellwood/Santa Barbara Shores
  • Property Information Year Built2: 1970
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Parking Info Total # Unconvered Spaces: 5.0
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Main House SqFt: 4710.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6970.0
  • General Property Information Stories2: 2.0
  • IncomeExpenses Taxes6: 1921.0
  • IncomeExpenses NOI2: $100,477
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.16
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 5.0
  • Total Parking Spaces: 5.0

Fee Information

  • Annual Water Sewer Expense: 781.0

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 079-554-007
  • Zoning: Other
  • Lot Size Sq Ft: 6970.0

Rental Info

  • Owner Pays: Other, Trash Collection, Water

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 128.0
  • Annual Gross Income: 162270.0
  • Insurance Expense: 532.0
  • Annual Operating Expense: 58547.0
  • Total Actual Rent: 13350.0

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $18,629 $2,700,000 $850,000 $1,850,000
2025 $18,629 $1,464,312 $576,524 $887,788
2023 $17,766 $1,407,550 $554,138 $853,412
2022 $16,491 $1,380,001 $543,273 $836,728
2021 $16,238 $1,352,992 $532,621 $820,371
2020 $15,844 $1,339,145 $527,160 $811,985
2019 $15,578 $1,312,937 $516,824 $796,113
2018 $15,309 $1,287,243 $506,691 $780,552
2017 $15,082 $1,262,053 $496,756 $765,297
2016 $14,603 $1,237,357 $487,016 $750,341
2014 $14,015 $1,194,984 $470,305 $724,679
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 For Sale $2,195,000 -- $466 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $1,143,500 First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $1,256,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $941,900 Commercial
Closed $322,000 Commercial
Source: Public Records

Source: Santa Barbara Multiple Listing Service

MLS Number: 26-2332

Santa Barbara Multiple Listing Service
Your Personal Tour Guide

Ask me questions while you tour the home.