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Financial
Distress signals
Property profile

425 Pine Ave Goleta, CA 93117

FOR SALE
Office buildings
Property ID
US09-2409897
40,992 SF 3.4 ac lot
Last sale Apr 1979 · $591,000
Individually Owned Owner of record is an individual. 47-yr Hold Held for 47 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional single-story office/tech building in Goleta, California, offers a turnkey solution for businesses seeking immediate occupancy. Located at 425 Pine Ave, near Carson St, within the Goleta Business Park, this property enjoys a central location with easy access to Old Town Goleta's amenities and the Santa Barbara Airport. The building, zoned M-I in Santa Barbara County (zip code 93117), is currently available as a single-tenant space, ranging from 8,054 to 22,964 square feet. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$80k
Tax billed · 2024
Assessed value$6.80M
Assessed land$779k
Assessed improvement$6.02M
Effective rate1.18%

Value estimate

· Oct 2026
$9.01M
$8.10M – $9.91M
CAP approach$12.00M
NOI build-up
Gross scheduled income$311k
Vacancy & credit loss−$31k
Operating expenses−$70k
NOI · 10,505,850.00% cap applied$210k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$575/SF
County average, outlier-cleaned · 58 recorded sales of this use type
Observed band · Q1–Q3$236 – $1,055

Cap rate analysis

How does the asset earn?
10,505,850.00%
$210k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA BARBARA

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.6
Watch Repair Shop8.7
Shoe Repair8.6

Location

425 Pine Ave Goleta, CA 93117
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5951 Encina, Goleta, CA 93117-6248 $4,800,000 Feb 2024 17,440 SF
5669 Calle Real, Goleta, CA 93117-2318 $630,000 Aug 2023 4,320 SF
5740 Thornwood, Goleta, CA 93117-3802 $885,000 Nov 2022 8,050 SF
25 Carlo, Goleta, CA 93117-2072 $1,350,000 Aug 2021 3,583 SF
125 Cremona, Goleta, CA 93117-3083 $10,250,000 Dec 2019 72,021 SF
130 Robin Hl Rd, Goleta, CA 93117-3153 $6,500,000 Feb 2019 29,621 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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