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Tan two-story building with arched entryways, balconies, and exterior stairs.
Aerial property diagram marking the apartment building boundary, parking spaces, driveway, entrance, and nearby landmarks.
Tan two-story residence with black exterior stairs, green doors, and a no-parking lane.
Two-story tan stucco building with exterior staircases above a dry, overgrown slope.
Tan two-story residential building with open carport parking and several cars beneath.
Empty apartment living area with a compact white kitchen and dark wood-look flooring.
Empty living room with gray carpet, wall heater, and tiled kitchen area.
Compact kitchen with white cabinets, tiled counters, a gas range, and refrigerator
Bathroom with a beige vanity, white tub and toilet, dark flooring, and decorative blue tile accent.
Home’s side patio and garden, with steps to a green entry door beside a dry open yard.
Dry wooded property with a dirt path winding among tall trees and shrubs.
Annotated aerial map locating 450 Ellwood Beach Drive near the coast and Ellwood Mesa Open Space Preserve.
Wooded path winding between tall trees in dappled sunlight.
Curving beach and ocean below a coastal bluff, framed by overhanging branches.
Sandy beach with beachgoers, gentle waves, and distant mountains across the water.
Rainbow over a neighborhood park with basketball courts, picnic tables, and mountains.
Coastal golf course with ocean shoreline, pond, and mountains in the distance.
Aerial coastal view with the property outlined in yellow, near the shoreline and open land.
Aerial view of the marked property beside coastal open space, cliffs, and ocean.
Aerial view of the marked property near the beach, with the Pacific Ocean beyond.
SEE ALL PHOTOS
Tan two-story building with arched entryways, balconies, and exterior stairs.
Aerial property diagram marking the apartment building boundary, parking spaces, driveway, entrance, and nearby landmarks.
Tan two-story residence with black exterior stairs, green doors, and a no-parking lane.
Two-story tan stucco building with exterior staircases above a dry, overgrown slope.
Tan two-story residential building with open carport parking and several cars beneath.
Empty apartment living area with a compact white kitchen and dark wood-look flooring.
Empty living room with gray carpet, wall heater, and tiled kitchen area.
Compact kitchen with white cabinets, tiled counters, a gas range, and refrigerator
Bathroom with a beige vanity, white tub and toilet, dark flooring, and decorative blue tile accent.
Home’s side patio and garden, with steps to a green entry door beside a dry open yard.
Dry wooded property with a dirt path winding among tall trees and shrubs.
Annotated aerial map locating 450 Ellwood Beach Drive near the coast and Ellwood Mesa Open Space Preserve.
Wooded path winding between tall trees in dappled sunlight.
Curving beach and ocean below a coastal bluff, framed by overhanging branches.
Sandy beach with beachgoers, gentle waves, and distant mountains across the water.
Rainbow over a neighborhood park with basketball courts, picnic tables, and mountains.
Coastal golf course with ocean shoreline, pond, and mountains in the distance.
Aerial coastal view with the property outlined in yellow, near the shoreline and open land.
Aerial view of the marked property beside coastal open space, cliffs, and ocean.
Aerial view of the marked property near the beach, with the Pacific Ocean beyond.
Courtesy of Ken Switzer, Berkshire Hathaway HomeServices California Properties
For Sale

450 Ellwood Beach Drive

450 Ellwood Beach Drive, GOLETA, CA 93117

$4,950,000
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.

1
bed

1
bath

10,890 Sq.Ft. lot

Ken Switzer

Ken Switzer

Features & Amenities

Interior

  • total bedrooms1
  • Total bathroom1
  • full bathroom1
  • Laundry room Laundry Room
  • Flooring Carpet, Wood/Laminate

Area & Lot

  • Status For Sale
  • Lot Area10,890 Sq.Ft.
  • MLS® ID26-3412
  • TypeResidential
  • YEAR BUILT1970
  • NeighborhoodGoleta
  • Elementary SchoolEllwood
  • Middle SchoolGol Valley
  • High SchoolDos Pueblos

Exterior

  • STORIES2
  • lot featuresNear Public Transit
  • parkingOutside, Carport
  • HEAT TYPEWall Furnace
  • SubstructureSlab

Financial

  • Sales Price$4,950,000
  • Maintenance Fee $20,846/mo
  • Zoning Other
Aerial property diagram marking the apartment building boundary, parking spaces, driveway, entrance, and nearby landmarks.

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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 450 Ellwood Beach Drive, GOLETA, CA 93117. We are reviewing your request and will be in touch shortly!

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Goleta

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