333 Ellwood Beach Drive

Goleta, CA 93117

$3,045,000
Last Sold Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime opportunity to acquire an 8-unit multifamily asset near the Ritz-Carlton Bacara, UCSB and Ellwood Beach's Sperling Preserve. 333 Ellwood Beach Drive offers an ideal unit mix consisting of (2) 1 bed/1 bath, (2) 2 bed/1 bath, (4) 2 bed/1.5 bath immaculately maintained apartments. This +/-7,364 square feet building offers tenants private balconies, on-site laundry and a 9 space parking lot. The prime Goleta location pairs the peacefulness of living on the coast along with the modern day ease of...Prime opportunity to acquire an 8-unit multifamily asset near the Ritz-Carlton Bacara, UCSB and Ellwood Beach's Sperling Preserve. 333 Ellwood Beach Drive offers an ideal unit mix consisting of (2) 1 bed/1 bath, (2) 2 bed/1 bath, (4) 2 bed/1.5 bath immaculately maintained apartments. This +/-7,364 square feet building offers tenants private balconies, on-site laundry and a 9 space parking lot. The prime Goleta location pairs the peacefulness of living on the coast along with the modern day ease of freeway and city access. Current rents are well below market rate offering investors a rare opportunity for rental upside in beautiful and highly desirable South Santa Barbara County.
  1. Listed by Steven J Golis • DRE #00772218 • Radius Group Commercial R.E.

Property Details for 333 Ellwood Beach Drive

Zoning
Other
Cross Street
Hollister
Recurring Fees
No

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

Sold By Berkshire Hathaway HomeServices California Properties, Mitch Stark, DRE #01196532; Berkshire Hathaway HomeServices California Properties, Daniel M Johnson, DRE #00609860

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LISTING UPDATED: 10/16/2023 12:55 PM

Property Details for 333 Ellwood Beach Drive

StatusClosed
MLS #23-2586
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1969
Lot Size0.23 AC / 10,018 SF
CountySanta Barbara County

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

Sold By Berkshire Hathaway HomeServices California Properties, Mitch Stark, DRE #01196532; Berkshire Hathaway HomeServices California Properties, Daniel M Johnson, DRE #00609860

Add your commute

Building Information for 333 Ellwood Beach Drive

Stories-Residences8Year Built1969Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$17,518 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,618

Property Taxes

$900

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 333 Ellwood Beach Drive

Details
Features
  • District: 35 - SB/GOL NORTH
  • Property Type: B
  • Laundry: Bldg
Parking/Garage
  • Parking Info: Uncovered
Miscellaneous
  • Parking Spaces: 9
Location Info
Location Info
  • Tax Parcel Number: 079-552-034
  • LotLocation: Near Ocean, Near Park(s), Near School(s)
  • City: GOLETA
  • County: Santa Barbara
  • Postal Code: 93117
Neighborhood/Schools
  • Elementary School: Ellwood
  • High School: Dos Pueblos
  • Junior High School: Gol Valley
Property / Assessor Information
Property / Assessor Info
  • Nbr of Acres: 0
  • Condition: Good
  • Reports Available: Pest Inspection, Prelim, Roof
  • Realtorcom Type: Multi-Family
  • Total # Units: 8
Income / Expense Info
Income / Expense Info
  • Annual Income: $170,374
  • Total Monthly Income: $14,198
Unit Info
Unit 1 Info
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 1
  • Unit 1Num Of Bedrooms: 2
  • Unit 1Num Of Half Baths: 1
  • Unit 1Num Of Units: 5
  • Unit 1Monthly Total: $9,814
  • Unit 1Rent: $1,970
Unit 2 Info
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 1
  • Unit 2Num Of Units: 2
  • Unit 2Monthly Total: $2,724
  • Unit 2Rent: $1,797
Unit 3 Info
  • Unit 3Num Of Baths: 1
  • Unit 3Num Of Bedrooms: 1
  • Unit 3Num Of Units: 2
  • Unit 3Monthly Total: $1,797
Contract Info
Contract Info
  • Deposit: 3
  • Close Price: $3,045,000.00
  • List Price: $3,095,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 09-06-2023
  • Close Date: 10-13-2023
  • Status: Closed

Property History for 333 Ellwood Beach Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 333 Ellwood Beach Drive

Taxable ValueLand$205,136Additions$550,625Total$755,761
Tax Record2023$10,795 ($900 / month)
Home Facts
Lot Size10,018 SqFtStyleMulti-Family Res (5+ Units)CountySANTA BARBARAAPN079-552-034

Schools near 333 Ellwood Beach Drive

This home is within Goleta Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Ellwood Elementary School
PublicK to 6

Goleta Valley Junior High School
Public7 to 8

Dos Pueblos Senior High School
Public9 to 12

Santa Barbara Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.