$2,000,000
SOLD SEP 25, 2025

459 Linfield Place Goleta, CA 93117

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Recently Sold

27% Below List Price

82 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Patio
  • Isla Vista Elementary School Rated A
  • Fireplace
  • 3-minute walk to Girsh Park

About This Home

As of September 2025

Turnkey Multi-Unit Asset with Strong Cash Flow & Long-Term Upside
Presenting an exceptional opportunity to acquire a spacious, income-generating 4-unit complex plus a separate studio - ideally located near UCSB, shopping, beaches, Girsh Park, and the Wells-Elings Marsh Trail.

Unit Mix:
One 3 bed / 2 bath unit
Three 2 bed / 1 bath units
One studio unit (unpermitted, for additional income)

This well-situated property benefits from Section 8 tenants, offering:
-Reliable rental income
-High demand with reduced vacancy risk
-Longer tenant retention and stability
With projected gross annual income of approx. $180,000 (based on upcoming rent increases effective August 1, 2025), this investment offers both solid current returns & long-term upside.
Please do not disturb tenants.

Last Agent to Sell the Property

20/Twenty Group

Compass License #01968703 / 02067856 / 02057028 Listed on: 05/01/2025

Compass

Last Buyer's Agent

Annette Vait

Berkshire Hathaway HomeServices California Properties License #02044281

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 10,019 Sq Ft Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Laundry Room

Parking

  • 7 Car Garage
  • 7 Open Parking Spaces
  • Carport

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near park, public transit, schools, shops, and bus stop

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available

Community Details

  • 4 Units
  • Gross Income $168,600

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 073-200-014
  • Seller Concessions Offered
  • Seller Will Consider Concessions

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Income Expenses Annual Income: 168600.0
  • Monthly Income: 14500.0
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 7.0
  • ResoLaundryFeatures: Laundry Room
  • ResoLotFeatures: Near Public Transit
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1968
  • Property Information Apx # Acres: 0.23
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Parking Info Carport2: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 7.0
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Laundry Laundry Room2: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • Proximity Near Bus: Yes
  • Parking Info Garages: Yes
  • Amenities Patio2: Yes
  • HeatingCooling Ceiling Fan(s)3: Yes
  • Parking Info Gar #14: Yes
  • Status Information Seller Concessions3: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.23
  • Foundation Details: Slab

Garage/Parking

  • Open Parking Spaces: 7.0
  • Parking Features: Garages, Carport, Uncovered, Gar #1
  • Total Parking Spaces: 7.0

Utilities

  • Heating: Ceiling Fan(s)
  • HeatingYN: Yes

Association/Amenities

  • Fireplace: Yes

Schools

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

Lot Info

  • Parcel #: 073-200-014
  • Zoning: R-3
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 168600.0
  • Total Actual Rent: 14500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Sep 11, 2025
Sold by
Krebs Survivors Trust and Krebs Trust
Bought by
Baccigaloopa Llc
Seller's Agent
20/Twenty Group
Compass
Buyer's Agent
Annette Vait
Berkshire Hathaway HomeServices California Properties
List Price
$2,750,000
Sold Price
$2,000,000
Premium/Discount to List
-$750,000
-27.27%
Views
59
Current Estimated Value
$2,007,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,146
Avg. Annual Appreciation
1.20%
Original Mortgage
$2,000,000
Outstanding Balance
$1,997,552
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$9,594

Purchase Details

Closed on
Jun 23, 2016
Sold by
Krebs Martin G
Bought by
The Krebs Trust

Purchase Details

Closed on
Jan 30, 2013
Sold by
Krebs Martin G and Krebs Sharron L
Bought by
Krebs Martin G and Krebs Sharron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2010
Sold by
Krebs Martin G and Krebs Sharron L
Bought by
Krebs Martin G and Krebs Sharron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$793,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2009
Sold by
Krebs Martin G and Krebs Sharron L
Bought by
Krebs Martin G and Krebs Sharron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2007
Sold by
Krebs Sharon L
Bought by
Krebs Martin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2007
Sold by
Krebs Martin G
Bought by
Krebs Martin G and Krebs Sharron L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2007
Sold by
Martinez Ruben Anthony and Martinez Barbara Phyllis
Bought by
Krebs Martin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,000,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Performance Title Inc
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $1,312,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $750,000 New Conventional
Previous Owner $793,500 New Conventional
Previous Owner $801,950 New Conventional
Previous Owner $801,950 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2025 09/25/25 Sold $2,000,000 -23.1% --
07/22/2025 07/22/25 Pending -- -- --
05/23/2025 05/23/25 Price Changed $2,600,000 -5.5% --
05/01/2025 05/01/25 For Sale $2,750,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

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 $19,449 $1,723,979 $781,538 $942,441
2023 $19,449 $1,657,037 $751,191 $905,846
2022 $18,349 $1,624,547 $736,462 $888,085
2021 $18,059 $1,592,694 $722,022 $870,672
2020 $16,221 $1,444,000 $655,000 $789,000
2019 $15,514 $1,375,000 $624,000 $751,000
2018 $15,236 $1,348,000 $612,000 $736,000
2017 $14,609 $1,284,000 $583,000 $701,000
2016 $13,222 $1,167,000 $530,000 $637,000
2014 $11,829 $1,040,000 $473,000 $567,000
Source: Public Records

Agents Affiliated with this Home

  • 2

    Seller's Agent in 2025

    20/Twenty Group

    Compass

    (805) 900-0995

    1 in this area

    71 Total Sales

    20/Twenty Group
    Section Image
  • Annette Vait

    Buyer's Agent in 2025

    Annette Vait

    Berkshire Hathaway HomeServices California Properties

    (805) 687-2666

    3 in this area

    33 Total Sales

    Annette Vait
    Section Image
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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1726

Santa Barbara Multiple Listing Service

APN: 073-200-014

California Santa Barbara County Goleta 93117

459 Linfield Place, Goleta, CA

Sold

MultiFamily

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