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357 Mathilda Drive, GOLETA, CA 93117

New Listing
$3,150,000
Property Type: Res Inc Square Footage: 4,864 Lot Size (sq. ft.): 10,018 Status: Active
Current Price: $3,150,000 List Date: 6/06/2026 Last Modified: 6/06/2026

Overview

Description

This 10 unit complex is located just a short walk to the beach as well as UCSB. Current rents are approximately 78% of market rents. All units are studio lofts.

Listing Details MLS# 26-1881

Location Info

District
35 - SB/GOL NORTH
Street #
357
Street Name
Mathilda
Street Suffix
Drive
State
CA
Country
US
Postal Code
93117
County
Santa Barbara
Parcel Number
079-554-019
Cross Street
Strehle Lane

Contract Info

Price
3150000
Seller Consider Concessions
Yes
Begin Date
2026-06-06

Property Information

Number of Units
10
Units Furnished
None
Stories
2
Year Built
1974
Main House SqFt
4864
Apx # Acres
0.23
Apx Lot SqFt
10018
Recurring Fees
No

NeighborhoodSchools

Neighborhood
30 - Ellwood/Santa Barbara Shores

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
12
# Refrigerators
10
# Stoves
10

Unit 1

# Units
10
# Bedrooms
10
# Baths
10
Rent
17102
Monthly Total
17102
# Half Baths
0
Lease
Yes

Meters

Sep Meter Elec
Y
Sep Meter Gas
No

Parking Info

Total # Unconvered Spaces
12
Outside
Yes

Neighborhood/Schools

Elementary School
Brandon
Junior High School
Gol Valley
High School
Dos Pueblos

Condition

Average
Yes

Foundation

Slab
Yes

Proximity

Near Bus
Yes
Near Golf Course
Yes
Near Ocean
Yes
Near School(s)
Yes
Near UCSB
Yes

Laundry

Laundry Room
Yes

Income/Expenses

Total Monthly Income
17102
Other Income
445
Annual Income
205224
Gross Rent Multiplr
15.4
Capitalization Rate
3.5
Actual
Yes
Vac Factor
2%
NOI
110234

Heating

Forced Air
Yes

Zoning

R-4
Yes

Reports Available

TDS
Yes
Prelim
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Flr/Wdw Coverings

Carpet
Yes
Wood/Laminate
Yes

Pub Listing Details

None
Yes

Property Features

Unit 1: Lease Condition: Average Foundation: Slab Parking Info: Outside Proximity: Near Bus; Near Golf Course; Near Ocean; Near School(s); Near UCSB Laundry: Laundry Room Heating: Forced Air Zoning: R-4 Reports Available: TDS; Prelim Terms: Cash; Conventional Listing Type: ER Pub Listing Details: None

Documents

IDX
Listing Office: JT Real Estate Group
Last Updated: June - 06 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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