NOT LISTED FOR SALE

280 Mathilda Dr Goleta, CA 93117

-- Bed
-- Bath
7,510 Sq Ft
10,018 Sq Ft Lot

Last Sold July 06, 2023

Last sale price $4,000,000 $533 Per Sq Ft

11 Days on Market

About This Home

As of July 2023

280 Mathilda Dr. is a well located apartment complex in Goleta consisting of 12 1BD/1BA units with a mix of covered and carport parking. The location has convenient access to various shopping centers including Camino Real Marketplace, Hollister Village, and Storke Plaza which are home to a majority of
the area's national retailers including Costco, Home Depot and Target. This area also draws significant traffic from UCSB and therefore vacancy remains low with a continuous need for housing for students,
staff and workforce. The neighborhood also provides great access to a plethora of beaches and trails, Girsh Park, Monarch Butterfly Grove, Sandpiper Golf Course and The Ritz-Carlton Bacara. Current rents
produce a cap rate of 4.21%.

Last Agent to Sell the Property

Bob Tuler

Radius Group Commercial R.E. License #00643325 Listed on: 04/27/2023

Radius Group Commercial R.E.

Co-Listed By

Gene Deering

Radius Group Commercial R.E. License #01450943

Last Buyer's Agent

Paul Gamberdella

Radius Group Commercial R.E. License #01267748

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 10,018 Sq Ft Lot

Home Design

  • 7,510 Sq Ft Home

Schools

  • Gol Valley Middle School
  • Dos Pueblos High School

Community Details

  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 079-552-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

10,018 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1967
  • Capitalization Rate: 4.21%
  • Gross Rent Multiplier: 15.10
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Property Information Year Built2: 1967
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Property Information Main House SqFt: 7510.0
  • Property Information Apx Lot SqFt: 10018.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.23

Schools

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

Lot Info

  • Parcel #: 079-552-010
  • Zoning: Other
  • Lot Size Sq Ft: 10018.0

Multi Family

  • Number Of Units Total: 12
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $4,000,000 -4.6% $533 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $4,195,000 -- $559 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History

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
2025 $44,642 $4,080,000 $1,020,000 $3,060,000
2023 $44,642 $509,274 $55,743 $453,531
2022 $7,207 $499,419 $54,650 $444,769
2021 $7,110 $489,758 $53,579 $436,179
2020 $6,966 $484,805 $53,030 $431,775
2019 $6,867 $475,430 $51,991 $423,439
2018 $6,766 $466,239 $50,972 $415,267
2017 $6,682 $457,228 $49,973 $407,255
2016 $6,447 $448,394 $48,994 $399,400
2014 $6,080 $433,237 $47,314 $385,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1122

Santa Barbara Multiple Listing Service
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