Date
Details
Price
Change
Source
7/06/2026
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/23
$2,900,000 Just Listed
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1/23
Property Description
Offered for the first time in decades, 431 Ellwood Beach Drive presents a rare opportunity to acquire a seven-unit apartment community in one of Goleta's most desirable coastal neighborhoods, just a few blocks from Ellwood Beach. Comprised of spacious two-bedroom, two-bathroom units, the property generates strong in-place income at a 5.20% current cap rate. Many units feature updated flooring, while two upstairs residences benefit from vaulted ceilings that enhance the sense of space and natural light. Tenants also benefit from off street covered parking and storage. Located just moments from Ellwood Beach, Ellwood Mesa Open Space, UCSB, and Goleta's major employment centers, the property offers an exceptional blend of coastal living and everyday convenience.
Full Property Details
Full Property Details for 431 Ellwood Beach Dr
General
- Price: $2,900,000
- Status: Active
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 26-2241
- Updated: 7/7/2026
- Added to Site: 4 day(s) ago
Rooms
Other Rooms
- Laundry: Laundry Room
Parking
- Carport Spaces: 2
- Total Spaces: 11
Location
- Area: 30 - SB/GOL SOUTH
- County: Santa Barbara
- Cross Streets: Hollister
School Information
- Elementary School: Isla Vista
- Middle School: Gol Valley
- High School: Dos Pueblos
Structural Information
- Square Feet: 6,450
- Living Area: 6,450 Sq. Ft.
- Year Built: 1970
- Property Condition: Average
Lot Features
- Lot Size (Acres): 0.24
- Lot Size (Sq. Ft.): 10,454
- Lot Size: 10454
- Lot Features: Near Public Transit
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 079-553-005
Listed by Radius Group Commercial R.E.
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— 431 Ellwood Beach Dr —
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Schools
Schools serving 431 Ellwood Beach Dr
School District:Goleta Union Elementary School District
| Name | Grades | Distance |
|---|---|---|
Ellwood Elementary School 7686 Hollister Avenue, Goleta, CA 93117 | K-6 | 0.7 mi |
Goleta Valley Junior High School 6100 Stow Canyon Road, Goleta, CA 93117 | 7-8 | 3.4 mi |
Dos Pueblos Senior High School 7266 Alameda Avenue, Goleta, CA 93117 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 431 Ellwood Beach Dr
Tax History
Tax History for 431 Ellwood Beach Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$30,071
—
$2,624,194
2%
2024
$30,071
3%
$2,572,740
2%
2023
$29,063
126%
$2,522,295
149%
2022
$12,863
1%
$1,011,046
2%
2021
$12,675
2%
$991,222
1%
2020
$12,385
2%
$981,059
2%
2019
$12,188
2%
$961,823
2%
2018
$11,989
1%
$942,965
2%
2017
$11,821
4%
$924,476
2%
2016
$11,420
2%
$906,350
2%
2015
$11,165
3%
$892,737
2%
2014
$10,883
2%
$875,250
—
2013
$10,713
—
$871,296
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 431 Ellwood Beach Dr
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 2,299Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 2,723Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,381Sq. Ft.
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- Commercial
- Active
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,295Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,667Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 4Beds
- 3Total Baths
- 3,407Sq. Ft.
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- Single Family
- Closed
- Updated 8 days ago
- 4Beds
- 3Total Baths
- 3,172Sq. Ft.
431 Ellwood Beach Drive, Goleta, CA 93117 (MLS# 26-2241) is a Multi-Family property with 7 units containing 0 bedrooms and 0 full bathrooms. 431 Ellwood Beach Drive is currently listed for $2,900,000 and was received on July 06, 2026. Want to learn more about 431 Ellwood Beach Drive? Do you have questions about finding other Multi-Family real estate for sale in Goleta? You can browse all Goleta real estate or contact a Coldwell Banker agent to request more information.