7392 Freeman Place Goleta, CA 93117
Estimated payment $7,678/month
About This Home
-Rare Goleta Investment Opportunity: Premium duplex opportunity in Goleta, one of California's most supply-constrained coastal rental markets, offering durable tenant demand and long-term investment stability. -Best-in-Class Unit Sizes: Two-unit configuration (2BR/1BA and 3BR/2BA) averaging 1,219 SF per unit, significantly larger than typical Goleta rental inventory and attractive to long-term tenants. -Strong In-Place Rents: Current rents of $3,870 and $4,515 reflect strong demand for larger-format housing in the Goleta market. -Exempt from Rent Control: As an owner-occupied duplex, the property qualifies for the AB 1482 owner-occupied exemption, and the City of Goleta's Tenant Protections Ordinance does not impose additional rent caps. -Full Operational Flexibility: Ownership maintains full control over rent adjustments, lease structures, and long-term income strategy. -Alternative to Nearby Regulated Markets: Attractive option for investors exiting Santa Barbara, Oxnard, and Ojai, where rent control policies limit annual income growth. -Durable Supply Constraints: Strict coastal development regulations and entitlement barriers across Santa Barbara County significantly restrict new housing supply. -Ideal for Passive and 1031 Investors: Stable tenant demand and a simple duplex structure support low management intensity and reliable income in a highly undersupplied coastal market.
Listing Agent
Matthews Real Estate Investment Services License #01325901 Listed on: 03/16/2026
Property Details
Home Type
- Multi-Family
Lot Details
- 10,890 Sq Ft Lot
Home Design
Interior Spaces
- 2,437 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 073-240-026
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,452 | $145,327 | $30,860 | $114,467 |
| 2023 | $2,452 | $139,685 | $29,662 | $110,023 |
| 2022 | $2,142 | $136,947 | $29,081 | $107,866 |
| 2021 | $2,112 | $134,262 | $28,511 | $105,751 |
| 2020 | $2,072 | $132,886 | $28,219 | $104,667 |
| 2019 | $2,044 | $130,281 | $27,666 | $102,615 |
| 2018 | $2,015 | $127,727 | $27,124 | $100,603 |
| 2017 | $1,990 | $125,224 | $26,593 | $98,631 |
| 2016 | $1,949 | $122,770 | $26,072 | $96,698 |
| 2015 | $1,892 | $120,927 | $25,681 | $95,246 |
| 2014 | -- | $118,559 | $25,178 | $93,381 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Pending | -- | -- | -- |
| 03/16/2026 03/16/26 | For Sale | $1,400,000 | -- | $574 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: The MLS
MLS Number: 26667707
APN: 073-240-026
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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