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Sold for $13,500,000 on 07/02/24
  • Listing Provided by: 

    Jonathan Standring DRE #01893163 jon@beachsidepartners.com,

    Beachside Partners

    Bought with: Unknown Office
    $13,500,000

    7336 Lowell Way, Goleta, CA 93117

    11beds
    6baths
    --sqft
    Multi Family
    Built in 1975
    -- sqft lot
    $13,798,700 Zestimate®
    $--/sqft
    $4,631 Estimated rent

    Home value

    $13,798,700

    $12.28M - $15.45M

    $4,631/mo

    Zestimate® history
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    $84,021/mo

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    What's special

    Unique opportunity to own a portfolio of Towbes-built duplexes in highly sought-after Goleta locations, each with the added potential for an ADU (Accessory Dwelling Unit). These spacious, well-maintained townhouse-style duplexes offer an ideal investment potential attracting families, tech employees, and UCSB students. All properties in this portfolio boast new windows and roofs ensuring worry- free ownership and minimal maintenance for a future owner. An additional opportunity exists in acquiring this portfolio at a lower price per duplex compared to recent sale comps, along with the potential to sell off individual properties in the future. Please contact listing agent for additional information.

    Zillow last checked: 8 hours ago

    Listing updated: July 02, 2024 at 11:59am

    Listing Provided by:

    Jonathan Standring DRE #01893163 jon@beachsidepartners.com,

    Beachside Partners

    Bought with:

    Non Non Member

    Unknown Office

    Source: CRMLS,MLS#: V1-22019MLS LogoOriginating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Flooring: Carpet, Laminate, Tile
    • Has fireplace: Yes
    • Common walls with other units/homes: No Common Walls

    Property

    Parking
    • Total spaces: 4
    • Parking features: Door-Single, Driveway, Garage, Public
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None, Association
    • Spa features: None
    • Fencing: Wood
    • Has view: Yes
    • View description: None
    Lot
    • Size: 1.60 Acres
    • Features: Sprinklers None
    Details
    • Parcel number: 073221006
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    Condition
    • Updated/Remodeled
    • Year built: 1975

    Utilities & green energy

    • Electric: 220 Volts
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Sidewalks
    Location
    • Region: Goleta
    • Subdivision: Not Applicable

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $515 annually
    • Amenities included: Pool, Tennis Court(s)
    • Association name: Second University Village HOA
    • Association phone: 805-562-8482

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    7/2/2024Sold$13,500,000+687.2%
    Source: CRMLS #V1-22019
    3/27/2024Sold$1,715,000+2.4%
    Source: SBMLS #24-479
    3/20/2024Pending sale$1,675,000-86%
    Source: SBMLS #24-479
    2/16/2024Price change$11,995,000+616.1%
    Source: CRMLS #V1-22019
    2/15/2024Listed for sale$1,675,000+3426.3%
    Source: SBMLS #24-479

    Public tax history

    YearProperty taxesTax assessment
    2025$19,723 +648.4%$1,774,300 +1009.4%
    2024$2,635 +7.7%$159,929 +1.9%
    2023$2,446 +5.3%$156,990 +1.9%

    Find assessor info on the county website

    Neighborhood: 93117

    Nearby schools

    GreatSchools rating