NOT LISTED FOR SALE

283 Ellwood Beach Dr Goleta, CA 93117

-- Bed
-- Bath
-- Sq Ft
0.27 Acres

Last Sold April 17, 2023

Last sale price $4,000,000

56 Days on Market

Highlights

  • Laundry Room
  • Ellwood Elementary School Rated A-
  • Carpet

About This Home

As of April 2023

Price just reduced $200k! 283 Ellwood Beach Drive is a garden style 2-story stucco apartment complex totaling 12 units that has been held by the same ownership group for 45 years. Convenient location for tenants with easy access to UCSB, major tech employers, Camino Real Marketplace and Monarch Butterfly Grove. Features (11) 1BD/1BA apartments and (1) studio with a mix of carport and uncovered parking along with onsite laundry room. Building is all electric and has individual electric meters and individual water heaters. Recent improvements include all new asphalt driveway, sewer lateral repaired, section 1 pest spot treatment completed. Roof is 10 years old. Current rents below market. Two units to be left vacant through close of escrow offering new owner immediate opportunity to remodel.

Last Agent to Sell the Property

Jon Standring

Beachside Partners License #01893163 Listed on: 01/04/2023

Co-Listed By

Nick Henry

Beachside Partners License #01748131

Last Buyer's Agent

Stephen Leider

Lee & Associates License #00967865

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 0.27 Acre Lot
  • Property is in good condition

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Parking

  • 12 Parking Spaces
  • 3 Carport Spaces
  • Uncovered Parking

Schools

  • Ellwood Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • 12 Units
  • 30 Ellwood/Santa Barbara Shores Subdivision

Listing and Financial Details

  • The owner pays for trash collection, water
  • Assessor Parcel Number 079-552-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1970
  • Capitalization Rate: 4.07
  • Monthly Income: 22920.0
  • Meters Sep Meter Elec: Y
  • Miscellaneous Parking Spaces: 12.0
  • Building Stories: 2
  • ResoLaundryFeatures: Laundry Room
  • Co List Office Mls Id: jonsta
  • Co List Office Phone: 805-626-0112
  • Subdivision Name: 30 - Ellwood/Santa Barbara Shores
  • Reso Flooring: Vinyl, Carpet
  • New Construction: No
  • Reso Property Condition: Good, Average
  • Property Information Year Built2: 1970
  • Property Information Apx # Acres: 0.27
  • NeighborhoodSchools Elementary School: Ellwood
  • 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 # Carport Spaces2: 3.0
  • Foundation:Slab: Yes
  • Laundry Laundry Room2: Yes
  • Property Information Apx Lot SqFt: 10019.0
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.27
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Carport, Uncovered
  • Total Parking Spaces: 12.0

Schools

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

Lot Info

  • Parcel #: 079-552-028
  • Zoning: Other
  • Lot Size Sq Ft: 10019.0

Rental Info

  • Owner Pays: Trash Collection, Water

Multi Family

  • Number Of Units Total: 12
  • Total Actual Rent: 22920.0

Range of Values:

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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 Change Sq Ft Price
04/17/2023 04/17/23 Sold $4,000,000 -3.6% --
03/01/2023 03/01/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $4,150,000 -4.6% --
01/04/2023 01/04/23 For Sale $4,350,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Standring

    Seller's Agent in 2023

    Jon Standring

    Beachside Partners

    (805) 705-7311

    14 in this area

    57 Total Sales

    Jon Standring
    Section Image
  • Nick Henry

    Seller Co-Listing Agent in 2023

    Nick Henry

    Beachside Partners

    (805) 705-7311

    1 in this area

    62 Total Sales

    Nick Henry
    Section Image

  • S

    Buyer's Agent in 2023

    Stephen Leider

    Lee & Associates

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-21

Santa Barbara Multiple Listing Service

California Santa Barbara County Goleta 93117

283 Ellwood Beach Dr, Goleta, CA

This home is located at 283 Ellwood Beach Dr, Goleta, CA 93117 since 04 January 2023. This property was built in 1970. 283 Ellwood Beach Dr is a home located in Santa Barbara County with nearby schools including Ellwood Elementary School, Goleta Valley Junior High School, and Dos Pueblos Senior High School.

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