5514 Armitos 54, Goleta, CA 93117, Goleta, 93117 - 1 bed, 1 bath
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Goleta, CA 93117
This Turnkey Condominium is a Strong Value Opportunity, listed at $595,000—positioned well below the $605,609 Fair Market Value by 1%. This valuation gap offers $10,609 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with recent upgrades like new flooring and a marble vanity, this top-floor unit provides a private, modern sanctuary. With its proximity to UCSB and amenities like a sparkling pool and private balcony, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5514 Armitos 54 Subject | $595,000* List Price | 1 | 1 | 701 | $864 | - |
A 49 Dearborn Place 14 Sold | $555,000 | 1 | 1 | 700 | $793 | 0.1 mi |
B 37 Dearborn Place 81 Pending | $595,000 List Price | 1 | 1 | 729 | $816 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1972, the property has been recently remodeled (within <5 years) featuring new flooring, fresh interior paint, recessed lighting, upgraded appliances, and a new marble bathroom vanity, meeting the criteria for mint move-in condition.
Situated just minutes from UCSB and local beaches, this property offers exceptional convenience and high rental demand in a highly sought-after Goleta neighborhood.
The condo has been recently remodeled with new flooring, fresh paint, recessed lighting, and upgraded appliances, providing a modern, move-in-ready interior.
As an upstairs unit with no neighbors above, it offers enhanced privacy, quiet living, and beautiful views from the private balcony.
At 701 square feet with only one bedroom, the property's footprint may be too restrictive for families or those requiring a dedicated home office.
The $460 monthly association fee adds a significant recurring expense to the carrying costs, which may impact affordability for some entry-level buyers.
Top-Floor 1BD/1BA Condo | Near UCSB | Beautiful Views | Recently Remodeled | Balcony | Pool | Parking Charming top-floor 1-bedroom, 1-bathroom condo located in the desirable La Goleta community, just minutes from UCSB. This upstairs unit offers added privacy with no one above and features beautiful views, a private balcony, new flooring throughout, fresh interior paint, recessed lighting, upgraded appliances, new sliding doors, and a marble bathroom vanity. The home is in excellent move-in condition with a bright and comfortable layout. The community offers beautifully maintained gardens, a sparkling pool, and convenient parking. Ideally located near UCSB, beaches, shopping, dining, and everyday conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 701 | - |
| Lot Size | 442 | - |
| Price | $595.0K | $895.8K |
| Price per sq ft | $849 | $708 |
| Built year | 1972 | 0 |
| HOA | $460 | $0 |
| Days on market | 14 | 98 |
Jul 8, 2026
$595,000
Initial Listing
May 10, 2024
$580,000
Public Record