$5,400,000

23 Magnolia Avenue, GOLETA CA, 93117

Price per sqft$423.36

Built in1971

Property size12,755 sqft

Property typeResidential

Courtesy of Steven J Golis, Radius Group Commercial R.E.

Overview

Sold

Closed

Listed Nov 17, 2025

Updated Jun 10

Roof will be replaced and balconies repaired by close of escrow! JJ's Apartments offers a rare chance to acquire a 19-unit community in the heart of Old Town Goleta. This well-maintained asset blends vintage charm, walkable convenience, strong curb appeal, and meaningful upside. The mix includes (17) 1BD/1BA and (2) 3BD/1BA units, drawing consistent demand from workforce tenants and UCSB students. One recently remodeled unit was just leased, highlighting renovation potential. The ±14,810 SF parcel includes a ±12,755 SF building, 8 carports, 11 uncovered spaces, and a ±1,480 SF carport suited for future ADU development. With its mid-century design and prime accessibility, JJ's Apartments embodies Goleta's enduring coastal rental appeal.

Additional information

MLS^® ID: 25-4179

Interior Features

Bedrooms: 4
Bathrooms: 2
Basement: No

Exterior Features

Lot Size: 0.34 Acres

Listed by Radius Group Commercial R.E., Steven J Golis,
Listing Contact: [email protected]

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Data last updated 7:04 PM UTC, 6/10/2026