-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 structure support low management intensity and reliable income in a highly undersupplied coastal market.
Under contract
$1,400,000
7392 Freeman Pl, Goleta, CA 93117
5beds
3baths
2,437sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$1,429,400 Zestimate®
$574/sqft
$-- HOA
What's special
- 13 days |
- 1,106 |
- 28 |
Zillow last checked: 7 hours ago
Listing updated: March 25, 2026 at 10:06am
Listed by:
Daniel Withers DRE # 01325901 818-923-6107,
Matthews Real Estate Investment Services 866-889-0550
Source: CLAW,MLS#: 26667707
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Rooms
- Room types: Other
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 2,437
- Total interior livable area: 2,437 sqft
Property
Parking
- Parking features: Other
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.25 Acres
Details
- Additional structures: Other
- Parcel number: 073240026
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Location
- Region: Goleta
Financial & listing details
- Price per square foot: $574/sqft
- Tax assessed value: $145,327
- Annual tax amount: $16,943
- Date on market: 3/20/2026
Estimated market value
$1,429,400
$1.36M - $1.50M
$5,514/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/26/2026 | Contingent | $1,400,000$574/sqft |
Source: | ||
| 3/20/2026 | Listed for sale | $1,400,000$574/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,943 +590.8% | $145,327 +2% |
| 2024 | $2,452 +8.3% | $142,478 +2% |
| 2023 | $2,264 +5.7% | $139,685 +2% |
| 2022 | $2,142 +1.4% | $136,947 +2% |
| 2021 | $2,112 +2% | $134,262 +1% |
| 2020 | $2,072 +1.4% | $132,886 +2% |
| 2019 | $2,044 +1.4% | $130,281 +2% |
| 2018 | $2,015 +1.2% | $127,727 +2% |
| 2017 | $1,990 +2.1% | $125,224 +2% |
| 2016 | $1,949 +6.4% | $122,770 +1.5% |
| 2015 | $1,833 | $120,927 +2% |
| 2014 | $1,833 | $118,559 +2.5% |
| 2012 | -- | $115,711 +2% |
| 2011 | -- | $113,443 +0.8% |
| 2010 | -- | $112,596 -0.2% |
| 2009 | -- | $112,864 +2% |
| 2008 | -- | $110,651 +2% |
| 2007 | -- | $108,483 +2% |
| 2006 | -- | $106,357 +2% |
| 2005 | -- | $104,273 +3.9% |
| 2003 | -- | $100,357 +2% |
| 2002 | -- | $98,391 +2% |
| 2001 | -- | $96,463 +2% |
| 2000 | -- | $94,573 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$8,200/mo
Principal & interest
$6952
Property taxes
$1248
More affordability tools
Climate risks
Neighborhood: 93117
Nearby schools
GreatSchools rating
- 8/10Ellwood Elementary SchoolGrades: K-6Distance: 0.7 mi
- NALearning Tree PreschoolGrades: Distance: 3.3 mi
Local experts in 93117
- California
- Santa Barbara County
- Goleta
- 93117
- 7392 Freeman Pl







