Amy Abbott & Kristin Hall | Berkshire Hathaway HomeServices

25 Magnolia Avenue, GOLETA, CA 93117

$1,320,000
Property Type: Res Bedrooms: 4 Baths: 3 Square Footage: 2,154 Lot Size (sq. ft.): 9,147 Status: Closed
Current Price: $1,320,000 List Date: 4/24/2025 Last Modified: 6/15/2025

Description

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.

More Information MLS# 25-1619

Location Info

Country: US Compass Map: Santa Barbara Map Grid: G11 Cross Street: Mandarin Dr. District: 30 - SB/GOL SOUTH Street #: 25 Street Name: Magnolia Street Suffix: Avenue State: CA Postal Code: 93117 County: Santa Barbara Parcel Number: 071-021-005

Contract Info

Seller Consider Concessions: Yes Affordable Housing: No Current Price: $1,320,000 Price: 1295000 Begin Date: 2025-04-23 Status: Closed

Status Information

Financing: CTNL Sold Date: 2025-06-13 Sold Price: $1,320,000 Under Contract Date: 2025-05-02

Property Information

Year Built: 1940 Apx Lot SqFt: 9147 Apx # Acres: 0.21 Total #Units: 2 Apx Lot Size FxD: 63 x 147 Main House SqFt: 1433 Other Structures SqFt: 721 Source: Appraiser Recurring Fees: No ADU: No Within City Limits: Yes TYP: Home/Estate Total Bedrooms: 4 Total Bathrooms: 3 Total Full Baths: 3 Total SqFt.: 2154

Neighborhood/Schools

Elementary School: La Patera Junior High School: Gol Valley High School: Dos Pueblos

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new Directions: Hollister between Hwy 217 and Fairview. Take Magnolia toward the mountains. Property is on the left. Geo Lat: 34.43868 Geo Lon: -119.828075

Condition

Fair: 1 Fixer: 1

Construction

Single Story: 1

Roof

Composition: 1

Foundation

Slab: 1

Exterior

Stucco: 1

Parking/Garage

Garage: 1 Total # Garage Spaces: 1

Grounds/Landscaping

Lawn: 1 Fruit Trees: 1

Other Buildings

Second Residence: 1

Location/Topo

Level: 1

Proximity

Near Bus: 1 Near Hospital: 1 Near Ocean: 1 Near Park(s): 1 Near Shopping: 1 Restaurants: 1

Rooms

Ground Floor Primary: 1 Office: 1 Primary Bedroom: 1

Dining

Dining Area: 1

Laundry

Laundry Room: 1 In Unit: 1

Amenities

Second Residence: 1

Appliances Included

Gas Range: 1 Gas Stove: 1 Refrigerator: 1

Security

Smoke Detector(s): 1

Water/Sewer

Goleta Wtr: 1

Zoning

Other: 1

Terms

Cash: 1 Conventional: 1

Heating

Wall Furnace: 1

Flr/Wdw Coverings

Tile: 1 Laminate: 1

Pub Listing Details

Estate Sale: 1

Property Features

Condition: Fair; Fixer Construction: Single Story Roof: Composition Foundation: Slab Exterior: Stucco Other Buildings: Second Residence Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near Shopping; Restaurants Rooms: Ground Floor Primary; Office; Primary Bedroom Dining: Dining Area Laundry: Laundry Room; In Unit Amenities: Second Residence Appliances Included: Gas Range; Gas Stove; Refrigerator Security: Smoke Detector(s) Heating: Wall Furnace Zoning: Other Terms: Cash; Conventional Pub Listing Details: Estate Sale
Listing Office: Village Properties - 1
IDX
Last Updated: June - 15 - 2025
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