$1,750,000
SOLD MAY 23, 2025

495 Whitman St Goleta, CA 93117

-- Bed
-- Bath
-- Sq Ft
8,276 Sq Ft Lot

Recently Sold

6% Above List Price

4 Days on Market

Highlights

  • Property is near a park
  • Tile Flooring
  • Property is in excellent condition
  • Isla Vista Elementary School Rated A
  • Laundry Facilities

About This Home

As of May 2025

Fantastic investment opportunity near Girsh Park in the heart of Goleta. This well-maintained 4 unit multifamily property offers strong curb appeal and updated interiors. True pride of ownership - the owner has fastidiously maintained this property for over 50 years. Property consists of three 2 bed, 1 bath units and one 1 bed, 1 bath unit. Unit A is a 2 bed, 1 bath with a spacious layout, fireplace and a private backyard patio. Unit B is a charming 1 bed, 1 bath, also featuring its own private patio. Units C and D are both upstairs units and are both 2 bed, 1 bath with nice updates and comfortable floor plans. Excellent investment opportunity with a lot of upside potential and great location.

Last Agent to Sell the Property

Kevin Goodwin

Goodwin & Thyne Properties License #01376204 Listed on: 05/09/2025

Last Buyer's Agent

Steve Epstein

Keller Williams Realty Santa Barbara License #00994429

Keller Williams Realty Santa Barbara

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,082

Year Built

  • Built in 1968

Lot Details

  • 8,276 Sq Ft Lot
  • Property is in excellent condition

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl Plank

Parking

  • 3 Open Parking Spaces
  • 7 Parking Spaces
  • 4 Carport Spaces

Location

  • Property is near a park
  • Property is near shops

Schools

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

Additional Features

  • 2-Story Property
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 073-200-029
  • Seller Concessions Offered

Community Details

Building Details

  • Insurance Expense $2,649
  • Maintenance Expense $1,756
  • New Taxes Expense $4,082
  • Operating Expense $16,859
  • Gross Income $91,860
  • Net Operating Income $126,000

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,082

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1968
  • Income Expenses Annual Income: 91860.0
  • Capitalization Rate: 7.6%
  • Maintenance Expense: 1756.0
  • Annual Expenses: 16859.0
  • Monthly Income: 7655.0
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 7.0
  • Building Stories: 2
  • ResoLaundryFeatures: Bldg
  • Income And Expenses Maintenance Expense: 1756.0
  • Carport Y N: Yes
  • Reso Flooring: Tile, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1968
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • HeatingCooling Wall3: Yes
  • Parking Info Total # Carport Spaces2: 4.0
  • Parking Info Total # Unconvered Spaces: 3.0
  • Condition Excellent: Yes
  • Proximity Near Park(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 8276.0
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 2.0
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • IncomeExpenses Taxes6: 4082.0
  • Parking Info Cpt #43: Yes
  • Laundry Bldg: Yes
  • IncomeExpenses NOI2: 126000
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.19

Garage/Parking

  • Open Parking Spaces: 3.0
  • Parking Features: Cpt #4
  • Total Parking Spaces: 7.0

Schools

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

Lot Info

  • Parcel #: 073-200-029
  • Zoning: Other
  • Lot Size Sq Ft: 8276.0

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 91860.0
  • Insurance Expense: 2649.0
  • Annual Operating Expense: 16859.0
  • Total Actual Rent: 7655.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
May 17, 2025
Sold by
Campilio John J
Bought by
Jorge Escamilla And Lorena Escamilla Revocabl and Escamilla
Seller's Agent
Kevin Goodwin
Goodwin & Thyne Properties
Buyer's Agent
Steve Epstein
Keller Williams Realty Santa Barbara
List Price
$1,649,000
Sold Price
$1,750,000
Premium/Discount to List
$101,000
6.12%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4001.18%
Source: Public Records

Range of Values:

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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 $1,750,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $1,750,000 +6.1% --
05/13/2025 05/13/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $1,649,000 -- --
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
2023 $4,082 $219,568 $52,049 $167,519
2022 $3,492 $215,264 $51,029 $164,235
2021 $3,448 $211,044 $50,029 $161,015
2020 $3,386 $208,881 $49,517 $159,364
2019 $3,343 $204,787 $48,547 $156,240
2018 $3,299 $200,773 $47,596 $153,177
2017 $3,262 $196,837 $46,663 $150,174
2016 $3,153 $192,979 $45,749 $147,230
2014 $2,937 $186,359 $44,180 $142,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1838

Santa Barbara Multiple Listing Service

APN: 073-200-029