7375 Chapman, Goleta, CA 93117
7375 Chapman, Goleta, CA 93117
Property Description
Discover an exceptional investment and lifestyle opportunity in the heart of Goleta! This versatile 5-bedroom, 2.5-bath property offers 2,335 square feet of living space on a 6,240-square-foot lot and is thoughtfully designed to function as a duplex, with separate private entrances for each unit. Whether you're looking to live in one unit while generating rental income from the other or maximize cash flow by renting both, this property offers outstanding flexibility. Inside, you'll find two fully equipped kitchens, making dual occupancy effortless. One unit has been beautifully remodeled and upgraded, blending modern finishes with everyday comfort. The home also features a private laundry room, spacious living room and family room, and a functional layout that accommodates multi-generational living, investors, or owner-occupants alike. Seller has also been approved by the city to add a third unit and also has paid for the blueprints and permits for that potential addition. Ideally located just approximately 10 minutes from Downtown Santa Barbara and 10 minutes from Goleta Beach Park, you'll enjoy easy access to miles of coastline, scenic bike paths, shopping, restaurants, and endless outdoor recreation. The vibrant Funk Zone, known for its award-winning wineries, craft breweries, art galleries, and popular dining, is only about 15 minutes away, while State Street offers premier shopping, entertainment, and year-round events just minutes from home. Goleta is affectionately known as "The Good Land" for its stunning beaches, mild coastal climate, thriving technology and research industries, top-rated schools, and proximity to the University of California, Santa Barbara (UCSB). Residents enjoy a relaxed coastal lifestyle with hiking trails, parks, golf courses, farmers markets, and convenient access to Santa Barbara Airport. Whether you're seeking a primary residence, multi-generational home, or an exceptional income-producing investment, this unique property offers endless possibilities in one of the Central Coast's most desirable communities.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 1 active · 3 closed
Goleta · Single Family Residence
Listed 11.5% below the median closed sale of $1,725,000. Price per sqft ($654) is a 28% discount to closed comps ($910). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (1)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 731 Cathedral Pointe Lane | Santa Barbara | 1997 | 3 | 3 | 2,101 | 8,712 | $1,019 | $2.14M | 28 | 58 |
| Total: 1 · Average | 3.0 | 3.0 | 2,101 | 8,712 | $1,019 | $2.14M | 28 | |||
| Median | 2,101 | $2.14M | ||||||||
Closed Properties (3)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6020 Paseo Palmilla | Goleta | 1971 | 06/03/2026 | 4 | 2 | 1,791 | 7,841 | $1.60M | $1.73M | $963 | 1.08 | 28 | 60 |
| 516 Mills Way | Goleta | 2024 | 06/18/2026 | 4 | 4 | 1,850 | 8,276 | $2.19M | $2.11M | $1,141 | 0.96 | 120 | 55 |
| 160 Via Lee | Goleta | 2007 | 08/13/2026 | 4 | 4 | 2,299 | 1,346 | $1.46M | $1.44M | $626 | 0.99 | 36 | 49 |
| Total: 3 · Average | 4.0 | 3.3 | 1,980 | 5,821 | $1.76M | $1.76M | $910 | — | 61.333333333333336 | ||||
| Median | 1,850 | $1.73M | $1.73M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.