-Rare Goleta Investment Opportunity: Premium duplex opportunity in Goleta, one of California's most supply-constrained coastal rental markets, offering durable tenant demand and long-term investment stability. -Best-in-Class Unit Sizes: Two-unit configuration (2BR/1BA and 3BR/2BA) averaging 1,219 SF per unit, significantly larger than typical Goleta rental inventory and attractive to long-term tenants.… Read More -Strong In-Place Rents: Current rents of $3,870 and $4,515 reflect strong demand for larger-format housing in the Goleta market. -Exempt from Rent Control: As an owner-occupied duplex, the property qualifies for the AB 1482 owner-occupied exemption, and the City of Goleta's Tenant Protections Ordinance does not impose additional rent caps. -Full Operational Flexibility: Ownership maintains full control over rent adjustments, lease structures, and long-term income strategy. -Alternative to Nearby Regulated Markets: Attractive option for investors exiting Santa Barbara, Oxnard, and Ojai, where rent control policies limit annual income growth. -Durable Supply Constraints: Strict coastal development regulations and entitlement barriers across Santa Barbara County significantly restrict new housing supply. -Ideal for Passive and 1031 Investors: Stable tenant demand and a simple duplex structure support low management intensity and reliable income in a highly undersupplied coastal market. Read Less
Courtesy of Matthews Real Estate Investment Services 866-889-0550
Listing Snapshot
Days Online
18
Last Updated
Property Type
Other
Beds
5
Square Ft.
2,437
Lot Size
0.25 Acres
MLS Number
26667707
Additional Details
Building
2,437 sq ft, Levels: Two
Lot
LotAcreage: 0.25, LotSizeArea: 10,890
Parking
TotalParking: 0
Property
NumberOfUnits: 2, OtherStructures: Other
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