$1,295,000
OPEN SAT 11AM - 4PM

25 Magnolia Ave Goleta, CA 93117

Estimated payment $7,433/month

Total Views 271
4 Beds
3 Baths
1,433 Sq Ft
$904 Price per Sq Ft

Highlights

  • Hot Property
  • Additional Residence on Property
  • Fruit Trees
  • Kellogg Elementary School Rated A
  • Property is near an ocean
  • Property is near a park

About This Home

This duplex w/ two separate homes (3BR/2BA & 1BR/1BA + office), large lot and ample off-street parking is just blocks away from the vibrant retail and restaurants of Old Town Goleta. With endless possibilities for its new owners - renovate, expand, rent, develop, etc. - this is a perfect property for an owner to live in one unit and enjoy income from the second, while also a smart acquisition for a savvy investor. Enjoy new places to dine like Old Town Coffee, Oat Bakery, Centennial Beer Hall and the Imperial Lounge; as well as local stand-bys like Pepe's Mexican, Domingo's and the Santa Cruz Market. Just minutes to Twin Lakes Golf Course, Goleta Beach, Calle Real, Fairview and Camino Real shopping centers and easy access to UCSB, SB Airport, Cottage Hospital and the Goleta tech corridor.

Listing Agent

Gamberdella Group

Village Properties - 1 License #01766267 / 02185632

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1940

Lot Details

  • 9,147 Sq Ft Lot
  • Lot Dimensions are 63 x 147
  • Level Lot
  • Fruit Trees
  • Lawn
  • Property is in average condition

Parking

  • 1 Car Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,433 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Home Office
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Stove
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near a park
  • Property is near public transit
  • Property near a hospital
  • Property is near shops
  • Property is near a bus stop
  • City Lot

Schools

  • La Patera Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Additional Features

  • Property is near an ocean
  • Additional Residence on Property
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 071-021-005
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Directions: Hollister between Hwy 217 and Fairview. Take Magnolia toward the mountains. Property is on the left.
  • Prop. Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Home/Estate
  • ResoLaundryFeatures: Laundry Room, In Unit
  • ResoLotFeatures: Level, Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Flooring: Laminate, Tile
  • Garage Yn: Yes
  • Unit Levels: Single Story
  • New Construction: No
  • Reso Property Condition: Fixer, Fair
  • Property Information Year Built2: 1940
  • Property Information Total #Units: 2
  • Property Information Apx # Acres: 0.21
  • NeighborhoodSchools Elementary School: La Patera
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • LocationTopo Level: Yes
  • Property Information ADU: No
  • Property Information Within City Limits: Yes
  • Construction Single Story2: Yes
  • Roof:Composition: Yes
  • Foundation:Slab: Yes
  • Exterior:Stucco: Yes
  • GroundsLandscaping Lawn2: Yes
  • GroundsLandscaping Fruit Trees2: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Rooms Ground Floor Primary: Yes
  • Dining Dining Area2: Yes
  • Laundry Laundry Room2: Yes
  • Appliances Included Gas Range2: Yes
  • Appliances Included Gas Stove3: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Property Information Main House SqFt: 1433.0
  • Proximity Near Shopping2: Yes
  • Proximity Restaurants: Yes
  • Rooms Office3: Yes
  • Property Information Apx Lot SqFt: 9147.0
  • Proximity Near Bus: Yes
  • Other Buildings Second Residence2: Yes
  • Amenities Second Residence: Yes
  • FlrWdw Coverings Laminate2: Yes
  • Laundry In Unit2: Yes
  • ParkingGarage Gar #12: Yes
  • Property Information Apx Lot Size FxD: 63 x 147
  • Proximity Near Hospital2: Yes
  • Condition Fair2: Yes
  • Condition Fixer2: Yes
  • ParkingGarage:Total _pound_ Garage Spaces: 1.0
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Gas Range, Gas Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Type: Stucco
  • Acres: 0.21
  • Topography: Level
  • Exterior Features: Lawn, Fruit Trees
  • Foundation Details: Slab

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Gar #1

Utilities

  • Heating: Wall Furnace
  • HeatingYN: Yes
  • Water Source: Goleta Wtr
  • Heating:Wall Furnace: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Parcel #: 071-021-005
  • Zoning: Other
  • Lot Size Sq Ft: 9147.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2023 $2,461 $113,832 $31,547 $82,285
2022 $2,411 $111,601 $30,929 $80,672
2021 $2,386 $109,414 $30,323 $79,091
2020 $2,353 $108,294 $30,013 $78,281
2019 $2,330 $106,172 $29,425 $76,747
2018 $2,266 $104,092 $28,849 $75,243
2017 $2,217 $102,052 $28,284 $73,768
2016 $2,093 $100,052 $27,730 $72,322
2014 $2,114 $96,620 $26,779 $69,841
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $1,295,000 0.0% $904 / Sq Ft
04/24/2025 04/24/25 For Sale $1,295,000 -- $904 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Deed History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Servicelink
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $414,066 New Conventional
Previous Owner $430,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $375,000 Purchase Money Mortgage
Previous Owner $42,866 Unknown
Previous Owner $259,000 Unknown
Previous Owner $36,227 Stand Alone Second
Previous Owner $28,335 Unknown
Previous Owner $220,000 Unknown
Source: Public Records

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Source: Santa Barbara Multiple Listing Service

MLS Number: 25-1619

Santa Barbara Multiple Listing Service

APN: 071-021-005