106 Kinman Avenue, Goleta, CA 93117, Goleta, 93117 - 0 bed, 0 bath
Loading property details...
106 Kinman Avenue
Goleta, CA 93117
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
2,064Sq Ft
6,534Lot Size
Property Price
LIST PRICE$1,695,000
EST. MARKET VALUE
$1,723,364
SUMMARY
This Multi-Family Residential Income Property is a Strong Value Opportunity, listed at $1,695,000—positioned well below the $1,723,364 Fair Market Value by 1.6%. This valuation gap offers $28,364 in Instant Equity. Featuring a Condition Rating of 2, the property includes a fully remodeled 3-bedroom main residence and a high-demand, tenant-occupied 1-bedroom unit. With its prime location near Old Town Goleta, this asset provides immediate cash flow and long-term appreciation potential, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$1,723,364
Based on Realkey algorithm analyzing recent comparable sales in Goleta.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property is currently undergoing a full remodel with a brand-new kitchen, updated bathrooms, new flooring, new dual-pane windows, and fresh interior/exterior paint, meeting the criteria for a renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Income Generation
The property features a separate, tenant-occupied 1-bedroom unit providing immediate rental income or a flexible multi-family living arrangement.
- Turnkey Condition
The main 3-bedroom residence has been fully remodeled with modern finishes, new windows, and updated systems, offering a move-in ready experience.
- Outdoor Living Space
Includes a large, fully fenced yard with mature fruit trees and low-maintenance landscaping, ideal for privacy and outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Limited Accessibility
Tenant occupancy and ongoing construction work require private showing requests and may delay full immediate possession of the entire property.
- Older Infrastructure
Originally built in 1957, the property may still possess underlying aged infrastructure elements not addressed by the cosmetic and surface-level remodeling.
About 106 Kinman Avenue
Fantastic opportunity to acquire a well located and fully renovated 3-bedroom 2 bathroom with an attached 2-car garage and a strong income producing second floor 1-bedroom 1 bathroom (tenant occupied) situated blocks from Old Town Goleta. The fully updated 3/2 has new flooring, renovated kitchen and bathrooms, new dual pane windows, sliders and doors, as well as new interior and exterior paint. The kitchen opens up to a spacious dining area. A cozy living area with fireplace opens up to a large, fully fenced yard with multiple fruit trees and low maintenance landscaping. The large upstairs 1/1 has strong income production or multi-family/in-law opportunity. Tenant occupied. Please do not disturb. Private showing by request as work is still underway.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1957
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 16.0 |
| Baths | 0.0 | 12.0 |
| Square foot | 2,064 | 3,435 |
| Lot Size | 6,534 | 8,712 |
| Price | $1.70M | $2.67M |
| Price per sq ft | $821 | $777 |
| Built year | 1957 | 1968 |
| HOA | $0 | $0 |
| Days on market | 33 | 76 |
Pricing History
Listed for Sale
Aug 7, 2026
$1,695,000
Initial Listing
Sold
Apr 30, 2012
$500,000
Public Record