4025 State St #40 · Eastern Goleta Valley, CA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $659 – $1,223
Heat risk 6/10 · Moderate
- Hot days now (above 84°F)
- 9 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 10 days/yr
- Unhealthy air days in 30 yrs
- 10 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +28.0/30.0
- DSCR +9.9/10.0
- 1% rule +7.7/10.0
- ARV discount +7.5/15.0
- Appreciation +7.0/10.0
- Schools +5.0/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
$399,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
Key facts
- Fenced rear garden
- Breakfast bar
- 1,742 sq ft lot
Tags
Property features AI
Finance
- Other: Pets allowed (with limitations)
- HOA & community: Community association with amenities; Clubhouse; Guest parking; RV/boat storage; Association covers property management and common area maintenance
Exterior
- Parking: Carport
- Utilities: Municipal water (Goleta)
- Home design: Single-story double-wide mobile home; Entry/placement within a 74-building community
- Construction: Diamond manufactured home; Composition roof; Other foundation
- Exterior features: Shed(s); Level lot; Near public transit; Mountain and setting views
Interior
- Kitchen: Refrigerator; Gas range; Dishwasher; Disposal; Microwave
- Flooring: Laminate flooring; Carpet
- Bathrooms: 2 full bathrooms
- Heating & cooling: Forced air heating; Ceiling fans
- Interior features: Accessible approach with ramp; Updated/remodeled condition; Good condition; Dining area; Breakfast bar
- Laundry & utility: Laundry room; Washer; Dryer; 220V electrical outlet; Gas hookup
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/2.0-bath other listed at $399k.
Deal economics
- At list price, monthly cash flow is $1k ($15k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($5k rent vs $399k).
- Recommended offer: $387k (3.0% below list) — sets the bar for market timing.
- Cap rate 10.0% vs local median 1.2% in Eastern Goleta Valley — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
- Market conditions: 49 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 719 units permitted in Santa Barbara County in 2024 (217 in 5+ unit buildings).
- At $5,058/mo this rent would consume 47% of the median local household income ($129k/yr) (locally 415% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- In year one you build about $19k of equity ($3k loan paydown + $16k appreciation (4.0% local appreciation)).
- Santa Barbara County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (4.0% appreciation + 3.0% rent growth), your $112k cash investment doubles in ~4 years — after that, you're playing with house money.
- By year 3, paydown + projected appreciation supports a ~$46k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 43 days — a 3% lower offer ($387k) is reasonable based on typical stale-listing flexibility.
- 9 sale attempts since 21y ago; this cycle's ask has dropped $76k (16%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $312k; 28% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 9→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 43 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.27% ✓
- Cap rate
- 10.02%
- Cash-on-cash
- 13.30%
- DSCR
- 1.59
- GRM
- 6.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
3.96% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 22.1%
- Equity multiple
- 2.32×
- Total profit
- $147,551
- Equity at exit
- $201,276
- IRR
- 22.4%
- Equity multiple
- 4.50×
- Total profit
- $390,534
- Equity at exit
- $328,389
Cash invested: $111,720 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 18 Strongly Tenant-Friendly
- State California
- 18 Strongly Tenant-Friendly · D+13
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 93110
- Home prices YoY
- 1.2%
- Active inventory
- 49
- Price-to-rent
- 6.6×
Monthly cashflow live
- Estimated rent
- $5,058 high interval (Pro) →
- Mortgage (P&I)
- −$2,092
- Tax est. 1.5%
- −$499 /mo · $5,985/yr
- Insurance
- −$166
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$1,062
- Net cashflow
- $1,238
Break-even live
Sensitivity live
| Price | -10% $1,514 | -5% $1,376 | +0% $1,238 | +5% $1,100 | +10% $962 |
|---|---|---|---|---|---|
| Rent | -10% $839 | -5% $1,038 | +0% $1,238 | +5% $1,438 | +10% $1,638 |
| Rate | -1.0pp $1,439 | -0.5pp $1,340 | base $1,238 | +0.5pp $1,135 | +1.0pp $1,029 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $99,750
- Closing costs
- $11,970
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 30 La Cumbre Cir Santa Barbara, CA | 2.0 | 2.0 | 1092 | $4,400 | $4.03 | 14d | 1 | 0.75mi |
| 4099 Foothill Rd Santa Barbara, CA | 2.0–3.0 | 1.5–2.5 | 1450 | $4,200 | $2.90 | 15d | 2 | 0.85mi |
| 4120 Via Andorra Unit A Santa Barbara, CA | 3.0 | 2.5 | 1456 | $5,950 | $4.09 | 24d | 1 | 1.07mi |
| 1337 Plaza Pacifica Santa Barbara, CA | 2.0 | 2.5 | 1686 | $15,900 | $9.43 | 14d | 1 | 1.25mi |
| 1337 Plaza Pacifica Santa Barbara, CA | 2.0 | 2.5 | 1686 | $16,400 | $9.73 | 24d | 1 | 1.25mi |
| 277 Canon Dr Santa Barbara, CA | 3.0 | 3.0 | 1710 | $12,000 | $7.02 | 14d | 1 | 1.32mi |
| 4632 Tajo Dr Santa Barbara, CA | 3.0 | 2.0 | 1251 | $5,150 | $4.12 | 15d | 1 | 1.49mi |
Listing history 50 events
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2026-06-21days on market $399,000 Active 43 DOM
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2026-06-18days on market $399,000 Active 40 DOM
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2026-06-17days on market $399,000 Active 39 DOM
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2026-06-16days on market $399,000 Active 38 DOM
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2026-06-15days on market $399,000 Active 37 DOM
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2026-06-14days on market $399,000 Active 35 DOM
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2026-06-10days on market $399,000 Active 32 DOM
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2026-06-09days on market $399,000 Active 31 DOM
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2026-06-08days on market $399,000 Active 30 DOM
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2026-06-07days on market $399,000 Active 29 DOM
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2026-06-03days on market $399,000 Active 25 DOM
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2026-06-02pricedays on market $399,000 Active 24 DOM
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2026-06-01days on market $450,000 Active 23 DOM
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2026-05-31days on market $450,000 Active 22 DOM
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2026-05-30days on market $450,000 Active 21 DOM
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2026-05-19price $450,000
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2026-05-09$475,000 Active
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2026-05-06historical
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2026-04-29$475,000 Active
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2023-10-26soldstatus $312,000 Closed 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-10-26soldstatus $312,000 Closed Sale
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-10-21status Pending Sale
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2023-09-18historical Active Under Contract
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-09-18status Pending 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-09-04price $322,949 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-09-03price $322,949
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2023-08-25price $322,954 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-25price $322,954
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-18price $322,959 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-18price $322,959
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-10price $322,964 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-10price $322,964
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-04price $322,969 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-08-04price $322,969
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-28price $322,974 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-28price $322,974
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-20price $322,979 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-20price $322,979
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-14price $322,984 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-14price $322,984
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-06price $322,989 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-07-06price $322,989
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-06-30price $322,994 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-05-05$322,999 Active 612-char remark
Show marketing remark (612 chars)
Brand new flooring just installed and a fresh coat of paint in beds and hall bath. Lowest list price in this park. A once-in-a-lifetime opportunity to live in Santa Barbara for space rent of $560.55. Can you picture yourself in Santa Barbara in this 55+ community with a short drive to all that Santa Barbara has to offer, ocean, shopping, downtown, and more? Views of the mountains from the back deck and the kitchen window. This home has 2 beds and 2 full baths with yard space and fencing. Parking for 2 cars in the carport and 2 storage units in the side yard. You won't find opportunities like this often.
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2023-05-01historical
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2023-04-14price $322,999
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2023-04-14price $322,999
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2023-03-31price $323,000
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2023-03-31price $323,000
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2023-03-03status Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 6/10 Major 9 d/yr ≥84°F today · 25 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 6/10 Major 10 unhealthy d/yr today · 10 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $60,691
- − Mortgage interest
- −$22,350
- − Property taxes
- −$5,985
- − Insurance
- −$1,995
- − Repairs & maintenance
- −$4,855
- − Management
- −$4,855
- − Depreciation
- −$11,607
- Taxable income
- $9,043
- Est. tax owed @ 24.0%
- −$2,170
- After-tax cash flow
- $12,687/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
No district data.
Livability — Eastern Goleta Valley
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Census place
- Eastern Goleta Valley, CA
- County
- Santa Barbara County · 410,380 people
- City population
- 34,619
- Metro
- Santa Maria-Santa Barbara, CA
- Population (ZIP)
- 15,436
- Household income
- $129,209
- Rent vs Own
- Severe rent burden
- 415.0
Population outlook (Santa Barbara County) Hauer SSP2
- Today (2025)
- 484,679 people
- By 2030
- 505,323 · +4.3%
- By 2040
- 545,783 · +12.6%
- By 2050
- 584,263 · +20.5%
- By 2075
- 682,586 · +40.8%
- By 2100
- 723,188 · +49.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.56)
- Race & ethnicity
- White 59% Hispanic / Latino 32% Two or more races 14% Asian 5% Black 1%
- Hispanic origin (detail)
- Mexican 25%
- Common ancestry
- Italian 3% Romanian 3% Lithuanian 2%
- Foreign-born
- 17% · Canada, China
- Languages at home
- 76% English-only · Spanish 17% Other Indo-European 3% Other Asian/Pacific 2%
Political lean MEDSL · Santa Barbara
- 2024 margin
- Strong D (+26.7) · D 61.8% · R 35.1% · Other 3.1%
- 2008→2024 swing
- +3.8pp toward D · 2008: 22.9pp · 2024: 26.7pp
- All cycles
- 2024: D+26.7 2020: D+32.1 2016: D+28.2 2012: D+17.1 2008: D+22.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 3.96%
- Current HPI
- 323.0805
- Rent YoY
- —
- Metro
- Santa Maria-Santa Barbara, CA
- State GDP YoY
- ▲ 3.21%
- F500 in state
- 116
Industry mix (Fortune 500 HQ in CA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Technology | 27 | $1,492B |
|
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| Financial Services | 3 | $174B |
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| Retail | 3 | $44B |
|
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| Insurance | 3 | $26B |
|
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| Media / Entertainment | 2 | $115B |
|
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| Pharmaceuticals / Biotech | 2 | $62B |
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Price history
+138.1% since first listed48 events — show timeline
- 2026-05-19 Price Changed $450,000 SBMLS
- 2026-05-09 Listed $475,000 SBMLS
- 2026-05-06 Listing Removed — SBMLS
- 2026-04-29 Listed $475,000 SBMLS
- 2023-10-26 Sold (MLS) $312,000 CRMLS
- 2023-10-26 Sold (MLS) $312,000 SBMLS
- 2023-10-21 Pending — CRMLS
- 2023-09-18 Contingent — CRMLS
- 2023-09-18 Pending — SBMLS
- 2023-09-04 Price Changed $322,949 SBMLS
- 2023-09-03 Price Changed $322,949 CRMLS
- 2023-08-25 Price Changed $322,954 SBMLS
- 2023-08-25 Price Changed $322,954 CRMLS
- 2023-08-18 Price Changed $322,959 SBMLS
- 2023-08-18 Price Changed $322,959 CRMLS
- 2023-08-10 Price Changed $322,964 SBMLS
- 2023-08-10 Price Changed $322,964 CRMLS
- 2023-08-04 Price Changed $322,969 SBMLS
- 2023-08-04 Price Changed $322,969 CRMLS
- 2023-07-28 Price Changed $322,974 SBMLS
- 2023-07-28 Price Changed $322,974 CRMLS
- 2023-07-20 Price Changed $322,979 SBMLS
- 2023-07-20 Price Changed $322,979 CRMLS
- 2023-07-14 Price Changed $322,984 SBMLS
- 2023-07-14 Price Changed $322,984 CRMLS
- 2023-07-06 Price Changed $322,989 SBMLS
- 2023-07-06 Price Changed $322,989 CRMLS
- 2023-06-30 Price Changed $322,994 SBMLS
- 2023-05-05 Listed $322,999 SBMLS
- 2023-05-01 Listing Removed — SBMLS
- 2023-04-14 Price Changed $322,999 SBMLS
- 2023-04-14 Price Changed $322,999 CRMLS
- 2023-03-31 Price Changed $323,000 SBMLS
- 2023-03-31 Price Changed $323,000 CRMLS
- 2023-03-03 Relisted — CRMLS
- 2023-02-25 Relisted — SBMLS
- 2023-02-02 Contingent — CRMLS
- 2023-01-31 Pending — SBMLS
- 2023-01-06 Price Changed $333,750 SBMLS
- 2023-01-06 Price Changed $333,750 CRMLS
- 2022-10-29 Listed $338,750 CRMLS
- 2022-10-28 Listed $338,750 SBMLS
- 2007-05-25 Sold (MLS) $207,500 SBMLS
- 2007-04-19 Listing Removed — SBMLS
- 2007-03-28 Listed $215,000 SBMLS
- 2005-02-25 Sold (MLS) $189,000 SBMLS
- 2005-01-25 Listing Removed — SBMLS
- 2005-01-19 Listed $189,000 SBMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…