$1,400,000

7392 Freeman Place, Goleta, CA 93117

  • 5 beds
  • 2,437 sqft
  • Property Icon other
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $574/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

-Rare Goleta Investment Opportunity: Premium duplex opportunity in Goleta, one of California's most supply-constrained coastal rental markets, offering durable tenant demand and long-term investment stability. -Best-in-Class Unit Sizes: Two-unit configuration (2BR/1BA and 3BR/2BA) averaging 1,219 SF per unit, significantly larger than typical Goleta rental inventory and attractive to long-term tenants. -Strong In-Place Rents: Current rents of $3,870 and $4,515 reflect strong demand for larger-format housing in the Goleta market. -Exempt from Rent Control: As an owner-occupied duplex, the property qualifies for the AB 1482 owner-occupied exemption, and the City of Goleta's Tenant Protections Ordinance does not impose additional rent caps. -Full Operational Flexibility: Ownership maintains full control over rent adjustments, lease structures, and long-term income strategy. -Alternative to Nearby Regulated Markets: Attractive option for investors exiting Santa Barbara, Oxnard, and Ojai, where rent control policies limit annual income growth. -Durable Supply Constraints: Strict coastal development regulations and entitlement barriers across Santa Barbara County significantly restrict new housing supply. -Ideal for Passive and 1031 Investors: Stable tenant demand and a simple duplex s

Listing Status:
Pending
Date Added:
March 16, 2026
Data Last Updated:
April 15, 2026 at 8:08PM
Listing Office:
Matthews Real Estate Investment Services : 866-889-0550
Listing Agent:
Daniel Withers : 818-923-6107
MLS ID:
CL26667707
  • Parking: Parking spaces: 0
  • County: Santa Barbara
  • Zoning: 073240026

This listing courtesy of Daniel Withers , Matthews Real Estate Investment Services

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Ellwood Elementary School

7686 Hollister Ave, Goleta, CA, 93117

Grades KG-6

0.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.