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$4,950,000
17 Days On Site

450 Ellwood Beach Drive
GOLETA, CA 93117

Residential Income|Pending
0
Beds
0
Total Baths
1970
Built
Subdivision:
30 - Ellwood/Santa Barbara Shores
County:
Santa Barbara
Listing courtesy of Ken Switzer of Berkshire Hathaway HomeServices California Properties
450 Ellwood Beach Drive450 Ellwood Beach Drive450 Ellwood Beach Drive450 Ellwood Beach Drive
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Well-located 14-unit apartment building, priced to sell! Situated at the very end of Ellwood Beach Drive, by the open space preserve and trails to the beach. The est. cap rate is ~5.8% on existing rents, GRM is 11.63. All units are 1-bed/1-bath averaging a spacious 665sf. These apartments are always in demand with major employment centers within 1-2 miles, including dozens of nearby high-salary engineering and software companies, UC Santa Barbara, Bacara Resort and Deckers' world headquarters. Tenants are also drawn to the location due to its access to nature next door and proximity to the beach and Girsh Park, as well as to all retail services and restaurant types at the nearby Camino Real Marketplace and adjacent shopping centers. See unbranded Offering Memorandum in Documents.

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Listing Snapshot
Price 
$4,950,000
Days On Site 
17 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.25 Acres
Year Built 
1970
MLS Number 
26-3412
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS
a week agoStatus changed to Pending
3 weeks agoListing first seen on site
General Features
Acres 
0.25
Carport 
6
Cross Street 
Hollister Ave
Foundation 
Slab
Parking 
CarportOutside
Parking Spaces 
14
Zoning 
Other
Interior Features
Flooring 
CarpetWood
Heating 
Wall Furnace
Laundry Features 
Laundry Room
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Exterior Features
Lot Features 
Near Public Transit
Community Features
MLS Area 
30 - SB/GOL SOUTH
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Ellwood
Middle School
Gol Valley
High School
Dos Pueblos
Listing courtesy of Ken Switzer of Berkshire Hathaway HomeServices California Properties



Listing information is provided by Participants of the Santa Barbara Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Santa Barbara Association of REALTORS MLS.
Data last updated at: 2026-10-26 09:20 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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