Located in the desirable Ellwood Beach neighborhood of the City of Goleta, this six-unit apartment property offers a highly attractive unit mix of four 2-bedroom, 1.5-bath townhomes--each featuring a private patio--and two 1-bedroom, 1-bath flats. Residents enjoy an exceptional coastal lifestyle, with the Ellwood Beach Preserve, scenic hiking and walking trails, pristine beaches, and bike paths all within walking distance. The property is also conveniently situated near the intersection of Hollister Avenue and Storke Avenue, providing immediate access to five shopping centers offering a wide array of dining, retail, and everyday amenities. See ''more'' Its strategic location near Goleta's prominent Office and Technology Parks and the University of California, Santa Barbara positions the property to attract and sustain a diverse tenant base, including families, young professionals, and students alike. Laundry: Yes, common laundry room Utilities: Separately metered for electricity Inspections: CLA
Multi-familyProperty Type
1970Year Built
6,970 sq ftLot Size
$466Price/Sq.Ft.
5 spacesParking
Listed by Caitlin Hensel•DRE #01893341• Hayes Commercial Group
Listed by Christos Celmayster•DRE #01342996• Hayes Commercial Group
Ellwood, located between Isla Vista and the Goleta Slough, is a coastal and residential Goleta neighborhood with blufftop trails and eucalyptus groves. The neighborhood’s character concentrates around the Ellwood Mesa open-space trailheads near Hollister Avenue, where hikers, cyclists, and dog-walkers stream toward the ocean-facing paths. Low-slung ranch homes and newer townhome pockets sit behind wind-shaped trees, with salt air and birdlife setting the daily rhythm. Ellwood Mesa Open Space frames the edge with wide views toward the Channel Islands and seasonal wildflowers. The Bacara Resort area adds a polished coastal backdrop, while nearby Sandpiper Golf Club anchors the recreation scene. Evenings often track the sunset from the bluffs above Haskell’s Beach.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Laundry room
Bedrooms
Six-unit property comprised of multiple bedroom counts: four 2-bedroom units and two 1-bedroom units
Bathrooms
Each unit has one bathroom (mix of full and half as configured)
Laundry & utility
Dedicated laundry room
Exterior features
Slab foundation
Home design
Two-story building
Zoned Other
Construction
Slab foundation (existing)
Financial info
Six total units
Unit rent examples: four 2-bedroom units at $2,275 each; one 1-bedroom unit at $2,150; one 1-bedroom unit at $2,100
Example monthly totals listed: $9,100 for the four 2-bedroom units; $2,150 and $2,100 for the single 1-bedroom units
Electricity and solar
View estimated energy costs and solar savings for this home
For Statistical Purposes Only. Gross Monthly Rent = $8,050. GRM: 11.84 (Actual). Fully leased. Rents slightly under market. Property closed escrow on 12/30/2010.
Public Records
Dec 30, 2010
Sold
$1,650,000
$350/sq ft
SBMLS #09-2152
Jun 15, 2009
Listed
$1,295,000
$275/sq ft
SBMLS #08-3433
Sep 4, 2008
Listed
$1,495,000
$317/sq ft
Public Records
Feb 1, 2005
Sold
$1,256,000
$267/sq ft
SBMLS #04-3300
Feb 1, 2005
Sold
$1,339,000
$284/sq ft
Nov 29, 2004
Listing Removed
—
Sep 28, 2004
Listed
$1,399,000
$297/sq ft
CRMLS #PI1034116
Jan 2, 2005
Listing Removed
—
Sep 28, 2004
Listed
$1,399,000
$297/sq ft
CRMLS #409929
Nov 29, 2004
Delisted
—
Sep 28, 2004
Listed
*
Year
Property tax
Land + Additions
Assessment*
2025
$18,629 (+4.9%)
$850,000 + $1,850,000
$2,700,000
2024
$17,766 (+4.3%)
$576,524 + $885,288
$1,461,812
2023
$17,033 (+3.3%)
$565,220 + $867,930
$1,433,150
2022
$16,491 (+1.6%)
$554,138 + $850,912
$1,405,050
2021
$16,238 (+2.5%)
$543,273 + $834,228
$1,377,501
2020
$15,844 (+1.7%)
$532,621 + $817,871
$1,350,492
2019
$15,578 (+1.8%)
$527,160 + $809,485
$1,336,645
2018
$15,309 (+1.5%)
$516,824 + $793,613
$1,310,437
2017
$15,082 (+3.3%)
$496,756 + $762,797
$1,259,553
2016
$14,603 (+1.9%)
$496,756 + $762,797
$1,259,553
2015
$14,331 (+2.3%)
$487,016 + $747,841
$1,234,857
2014
$14,014 (+1.2%)
$470,305 + $722,179
$1,192,484
2013
$13,850 (+3.6%)
$470,305 + $722,179
$1,192,484
2012
$13,374 (+1.9%)
$468,180 + $718,916
$1,187,096
2011
$13,130 (−19.4%)
$459,000 + $704,820
$1,163,820
2009
$16,283 (+2.1%)
$600,000 + $692,500
$1,292,500
2008
$15,949
$636,724 + $781,579
$1,418,303
Public record
Public record
Zoning
Beds
9
Baths
9
Stories
—
Lot width
—
Lot depth
—
Lot size
6,970 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,710
Year built
—
Style
Multi-Family (5+ Unit)
County
Santa Barbara County
APN
079554007
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
RH
Residential—High Density District
This District is intended for multi-family housing and accessory uses customarily associated with residences by implementing the High-Density (R-HD) land use designation of the General Plan. Development may also include attached and detached single-unit dwellings. This District may also function as a transition between higher intensity business uses and medium-density multi-family housing and single-family residential neighborhoods.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
1% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 83° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Goleta, CA • 93117
Average low and high temperatures (°F)
66
47
67
49
67
52
67
51
69
53
69
56
70
56
74
58
73
60
71
55
65
50
65
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 257 Mathilda Dr
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