
GOLETA, CA 93117
Analysis of 257 Mathilda Drive, GOLETA, CA 93117 is currently available with a list price of $2,195,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the GOLETA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
While built in 1970, the property shows clear signs of significant updates and consistent maintenance. The exterior features fresh paint and well-kept grounds, and interior photos reveal updated laminate flooring and modern barn-style doors, suggesting a renovation within the 5-15 year range that makes the units move-in ready.
Situated in the desirable Ellwood Beach neighborhood, the property offers residents walking access to beaches, nature preserves, and scenic trails, significantly boosting rental desirability and long-term value.
The combination of four 2-bedroom townhomes with private patios and two 1-bedroom flats appeals to a broad demographic, including families, students, and young professionals.
Its strategic location near the University of California, Santa Barbara and Goleta’s Office and Technology Parks ensures a consistent and high-quality tenant pool.
Constructed in 1970, the property may require significant capital expenditures for modernizing systems or structural repairs to maintain competitive market rents.
With six units situated on a 6,970 square foot lot, the high density may result in limited on-site parking or restricted outdoor communal space for residents.
Located in the desirable Ellwood Beach neighborhood of the City of Goleta, this six-unit apartment property offers a highly attractive unit mix of four 2-bedroom, 1.5-bath townhomes--each featuring a private patio--and two 1-bedroom, 1-bath flats. Residents enjoy an exceptional coastal lifestyle, with the Ellwood Beach Preserve, scenic hiking and walking trails, pristine beaches, and bike paths all within walking distance. The property is also conveniently situated near the intersection of Hollister Avenue and Storke Avenue, providing immediate access to five shopping centers offering a wide array of dining, retail, and everyday amenities. See ''more'' Its strategic location near Goleta's prominent Office and Technology Parks and the University of California, Santa Barbara positions the property to attract and sustain a diverse tenant base, including families, young professionals, and students alike. Laundry: Yes, common laundry room Utilities: Separately metered for electricity Inspections: CLA
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 4,710 | - |
| Lot Size | 6,970 | - |
| Price | $2.19M | $5.40M |
| Price per sq ft | $466 | $423 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 116 |
Jul 14, 2026
$2,195,000
Initial Listing
Dec 30, 2010
$1,143,500
Public Record
Feb 1, 2005
$1,256,000
Public Record