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Back 117 Magnolia Avenue
Off Market

117 Magnolia Avenue

Goleta CA 93117

6534 sq. ft.
Other
Last sold for $1,989,000
Gene DeeringGene Deering, last sold this property on 11 September 2026 after 122 days on market.

Overview

Offers to be reviewed Monday, May 18th at Noon. 117 Magnolia Ave presents a rare opportunity to acquire a well-located 6-unit apartment building in the heart of Goleta. This property offers strong in-place income with upside potential through rental increases and operational efficiencies. Situated in a highly desirable rental market near major employers, retail amenities, and UCSB, the asset benefits from consistent tenant demand and long-term appreciation potential. Ideal for investors seeking stable cash flow with value-add potential in one of Santa Barbara County's most sought-after submarkets.

Features

6534 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Goleta over the last 12 months, the estimated median property value of 117 Magnolia Avenue is $895k.

Median value
$895k
Estimated value range
$190k - $5.4m
Median days on market
20
Estimated value trend
-42%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Goleta. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 117 Magnolia Avenue

2026
Sold
$1,989,000
11 Sep 2026 by Gene Deering, of Radius Group Commercial R.E.

Happy sellers in Goleta

93%
93% of sellers in Goleta reported that their sale price either exceeded or met their price expectations.

Goleta stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Goleta over the last 12 months.

Local market activity for other properties in Goleta

In the last 12 months, 43 other properties similar to 117 Magnolia Avenue, have been sold.

This represents a 59% decrease in other properties sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Goleta

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Jason R. Cox

Jason R. Cox is a recommended agent for Goleta.  They have 5 local sales and collected 6 local reviews across the last 12 months.

  •   5   (31 reviews)
  •  6 Reviews in Goleta
  •  5 Sales in Goleta
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Curtis Swan II

Sellers who recommend Curtis Swan II have praised them for being local expert and detail-oriented

  •   5   (23 reviews)
  •  5 Reviews in Goleta
  •  6 Sales in Goleta
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Alisa Pepper

Alisa Pepper is a recommended agent for Goleta.  They have 3 local sales and collected 2 local reviews across the last 12 months.

  •   5   (10 reviews)
  •  2 Reviews in Goleta
  •  3 Sales in Goleta
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Jeff Oien

Jeff Oien is an award winning recommended agent for Goleta.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (16 reviews)
  •  1 Review in Goleta
  •  1 Sale in Goleta
View profile
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