7392 Freeman Pl
Goleta, CA 93117
- 5 Beds
- 3 Baths
- 2,437 sqft (on 0.25 acres)
5 Beds
3 Baths
2,437 sqft
(on 0.25 acres)
Local Information
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Description
-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.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 28, 2026
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Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$574/sqft
Listed
61 days ago
Home Details for 7392 Freeman Pl
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 2437 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: Other |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Other |
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Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
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Price List Price: $1,400,000Price Per Sqft: $574/sqft |
Status Change & Dates Off Market Date: Tue Mar 24 2026 |
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MLS Status: Sold |
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Direction & Address City: Goleta |
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Building Area Building Area: 2437 Square Feet |
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Lot Area: 10890 sqft |
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Special Conditions: Standard |
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Mls Number: 26667707Listing Url |
Last check for updates: about 17 hours ago
Listed by Daniel Withers DRE # 01325901, (818) 923-6107
Matthews Real Estate Investment Services, (866) 889-0550
Bought with: Subscriber Non DRE # 13252, Non-Participant Office, 111-1111 x11
Source: CLAW, MLS#26667707

Price History for 7392 Freeman Pl
| Date | Price | Event | Source |
|---|---|---|---|
| 04/28/2026 | $1,400,000 | Sold | CLAW #26667707 |
| 04/09/2026 | $1,400,000 | Pending | CLAW #26667707 |
| 03/26/2026 | $1,400,000 | Contingent | CLAW #26667707 |
| 03/20/2026 | $1,400,000 | Listed For Sale | CLAW #26667707 |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $16,943 |
| Assessment | $145,327 |
Home facts updated by county records
Comparable Sales for 7392 Freeman Pl
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.79 | Multi-Family Home | $1,750,000 | 05/23/25 | 7 | 4 | - | |
1.59 | Multi-Family Home | $1,850,000 | 04/29/26 | 6 | 4 | 2,400 | |
1.66 | Multi-Family Home | $2,500,000 | 04/24/26 | 7 | 8 | 2,704 | |
1.66 | Multi-Family Home | $1,450,000 | 11/24/25 | 8 | 4 | - | |
1.67 | Multi-Family Home | $650,000 | 11/24/25 | 8 | 4 | - | |
1.86 | Multi-Family Home | $1,680,000 | 05/14/26 | 4 | 2 | - | |
1.86 | Multi-Family Home | $2,950,000 | 10/24/25 | 6 | 4 | - | |
1.88 | Multi-Family Home | $3,975,000 | 04/24/26 | 1 | 1 | 5,012 | |
1.69 | Multi-Family Home | $2,655,000 | 12/18/25 | 4 | 3 | - |
Assigned Schools
These are the assigned schools for 7392 Freeman Pl.
What Locals Say about Goleta
At least 142 Trulia users voted on each feature.
89 % Say it's dog friendly
88 % Say there are sidewalks
78 % Say parking is easy
78 % Say car is needed
70 % Say it's walkable to restaurants
69 % Say kids play outside
68 % Say people would walk alone at night
66 % Say there's holiday spirit
65 % Say yards are well-kept
63 % Say it's quiet
61 % Say it's walkable to grocery stores
61 % Say streets are well-lit
54 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
46 % Say there's wildlife
30 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-05-20 00:14:30 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Homes for rent near 7392 Freeman Pl
7392 Freeman Pl, Goleta, CA 93117 is a 5 bedroom, 3 bathroom, 2,437 sqft multi-family. This property is not currently available for sale. 7392 Freeman Pl was last sold on Apr 28, 2026 for $1,400,000 (0% higher than the asking price of $1,400,000). The current Trulia Estimate for 7392 Freeman Pl is $1,400,400.