7465 Hollister Avenue, Condo #448, GOLETA, CA 93117, GOLETA, 93117 - 3 bed, 2 bath

7465 Hollister Avenue, Condo  home-pic-0
ACTIVE$675,000$900/sqft
7465 Hollister Avenue, Condo #448, GOLETA, CA 93117
3Beds
2Baths
900Sqft
3,820Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Location: The property boasts a fabulous location, just two doors from Ellwood Trails, offering easy access to the Pacific Ocean and Monarch Butterfly Grove, ideal for a beach-oriented lifestyle.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3820, other record lot size in square feet = 1763.

Compared to the nearby listings

Price:$675.0K vs avg $699.0K ($-24,000)44%
Size:900 sqft vs avg 729 sqft59%
Price/sqft:$750 vs avg $64567%

More Insights

Built in 1968 (58 years old).
Condition: The property, a manufactured home built in 1968, shows signs of regular upkeep and some updates, but its age and the nature of its construction mean many components are outdated. The kitchen features a highly personalized style with open shelving and basic appliances, lacking modern built-in features. Bathrooms are functional with basic fixtures and finishes, not reflecting recent high-quality renovations. While livable and maintained, it requires minor updates to meet current aesthetic and functional standards, aligning with the 'fair' condition criteria.
Year Built
1968
Close
-
List price
$675K
Original List price
-
Price/Sqft
$750
HOA
$285
Days on market
-
Sold On
-
MLS number
25-3404
Home ConditionFair
Features
Good View:
Deck
Spa
Patio
View-

About this home

Opportunity is knocking at the New Condo Community of Rancho Estates. Fabulous Location! Cozy Beach Cottage w/X-LARGE Outdoor Side & Backyard. Inviting 3 Bedroom, 2 Bathroom w/ Open Kitchen and Living Room, Located just two doors down from Ellwood Trails, walk down to the sparkling Pacific Ocean, or Monarch Butterfly Grove. Bask in the cool, balmy ocean breezes and enjoy your oasis full of possibilities. Family and pet friendly, nestled in the vibrant, evolving Rancho Estates a ''Real Property'' Single Family Manufactured Home (MH) Condominium Community. MH has a separate seller. Lot is a second separate seller, Lot sold by Project Developer. Asking price is total for both. Call for details. Buyer to own both the MH+ Land. No space rent. Buyer may replace MH in future. Hurry won't last!

L
Leslie Miller
Listing Agent
Condition Rating
Fair

The property, a manufactured home built in 1968, shows signs of regular upkeep and some updates, but its age and the nature of its construction mean many components are outdated. The kitchen features a highly personalized style with open shelving and basic appliances, lacking modern built-in features. Bathrooms are functional with basic fixtures and finishes, not reflecting recent high-quality renovations. While livable and maintained, it requires minor updates to meet current aesthetic and functional standards, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Exceptional Coastal Location: The property boasts a fabulous location, just two doors from Ellwood Trails, offering easy access to the Pacific Ocean and Monarch Butterfly Grove, ideal for a beach-oriented lifestyle.
Generous Outdoor Space: A significant advantage for a condominium, the property includes an X-LARGE Outdoor Side & Backyard, providing ample private outdoor living space.
Land Ownership & No Space Rent: Buyers will own both the manufactured home and the land, eliminating the recurring space rent typically associated with manufactured home communities.
Future Replacement Potential: The option for the buyer to replace the manufactured home in the future offers long-term flexibility and potential for customization or upgrade.
Family & Pet-Friendly Community: Nestled in a vibrant, evolving community explicitly described as family and pet-friendly, enhancing its appeal to a broader range of potential buyers.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3820, other record lot size in square feet = 1763.
Complex Transaction Structure: The purchase involves two separate sellers (one for the manufactured home and one for the land), which could complicate the transaction process.
Manufactured Home Classification & Age: Despite being 'Real Property,' its classification as a 1968 manufactured home may present financing challenges or perception issues compared to traditional stick-built homes, potentially implying older systems.
Compact Interior Space: With 900 square feet for 3 bedrooms and 2 bathrooms, the interior living space is relatively compact, which might be a limiting factor for some buyers.
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