7380 Elmhurst Place, SANTA BARBARA, CA 93117, SANTA BARBARA, 93117 - 0 bed, 0 bath
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SANTA BARBARA, CA 93117
This University Village Duplex represents a Strong Value Opportunity, listed at $1,775,000—positioned slightly above the $1,717,036 Fair Market Value. While the price reflects a premium, the property’s Condition Rating of 3 ensures a move-in ready state with modern updates. Featuring a 2-bedroom townhouse and a 2-bedroom single-level unit, this asset offers significant versatility for those seeking to subsidize their mortgage. With private fenced patios and access to community pool and tennis courts, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants pursuing a house-hacking strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7380 Elmhurst Place Subject | $1,775,000* List Price | 0 | 0 | 2,211 | $777 | - |
A 7395 Freeman Place Active | $1,585,000 List Price | 0 | 0 | 2,400 | $660 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1975, the property is in move-in ready condition with significant updates. The kitchens feature modern stainless steel appliances, stone countertops, and updated cabinetry. Bathrooms have been refreshed with contemporary vanities and fixtures. The flooring consists of modern laminate and well-maintained carpet, and the inclusion of recessed lighting and fresh paint indicates the property has been well-maintained and updated within the last 5 to 15 years.
The property features two distinct layouts—a 2-bedroom townhouse and a 2-bedroom single-level home—offering an ideal 'house-hacking' opportunity for owner-occupants to subsidize their mortgage with rental income.
Residents benefit from University Village amenities, including a community pool, tennis and basketball courts, and a playground, which is a rare and significant value-add for a multi-family property.
Both units enjoy their own private, fenced outdoor spaces, providing the level of privacy and utility typically reserved for single-family residences rather than standard apartments.
The two units share a single two-car garage, which may create logistical challenges for parking, privacy, and storage coordination between separate households.
Built in 1975, the property may require capital improvements to major systems or cosmetic updates to meet modern luxury standards and maximize market rental rates.
Spectacular opportunity to own a rarely available duplex in University Village. Tucked away on a short, quiet cul-de-sac, this property offers an ideal combination of privacy, location, and versatility--close to everything Goleta has to offer. Featuring two well-designed units the two story townhouse-style unit offers 1,238 sq ft with 2 bedrooms and 1.5 baths.The second unit is a single-level 2-bedroom, 1-bath home with 953 sq ft. Both units enjoy private, fenced outdoor spaces, perfect for relaxing or entertaining. Each share a spacious two-car garage. Updated paint, windows, electrical and flooring. Amenities include use of the community pool,tennis and basketball courts, and a playground area.This duplex is ideal for both owner-occupant and investors alike. Opportunity knocks!
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 | 2,211 | - |
| Lot Size | 6,970 | - |
| Price | $1.77M | $2.13M |
| Price per sq ft | $803 | $813 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 188 | 47 |
May 6, 2026
$1,775,000
$1,799,000
-1% Price Drop
Initial Listing
Jan 15, 2026
$1,799,000
Initial Listing
Sep 26, 2023
$1,615,000
Public Record