Zumper
modified
Updated 3 Days Ago

Highlights

  • One off-street parking space
  • On-site laundry room
  • Remodeled upstairs apartment
  • Large bedroom with walk in closet
  • Electric heating and ceiling fans
  • Tile flooring and granite counter tops

Location

393 Magnolia Ave, Goleta, CA 93117, USA|Downtown Goleta
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Management

EIPM, Inc.

Leasing office

(805) 685-1850

Property Overview

Magnolia has a strong overall rating, combining excellent value, standout amenities, and a highly convenient location. Notable features include one off-street parking space, an on-site laundry room, a remodeled upstairs apartment, a large bedroom with a walk-in closet, electric heating and ceiling fans, plus tile flooring and granite countertops. Its value for money ranks well compared with nearby properties, and the closest top-rated middle school is just over a mile away.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Magnolia is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Magnolia has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Less expensive

Floor plans

1BR/1.0BA1 bed1 bath$2,450 /mo1 unit availableRemodeled upstairs 1 bedroom, 1 bathroom apartment, conveniently located in downtown Goleta. Tile flooring and granite counter tops in the kitchen and bathroom. Kitchen includes electric stove/oven, garbage disposal and refrigerator. Nice bathroom with large vanity, shower and tub. Large bedroom with nice, clean carpet and walk in closet. Electric heating and ceiling fans throughout the unit, plus newly installed retrofit windows. On site laundry room with coin-operated machines. One off-street parking space included and overhead storage cabinet. Sorry, no pets. Guarantors and Co-Signers not accepted. Monthly Income Requirement: 3x monthly rent (seasoned) Positive Rental History 3+ years Pass background and credit check with 700+ credit score Available for a 1 Year Lease For more information: Call: 805-685-1850 E-mail: **** Apply at www eipm us com Properties managed by: EIPM, Inc. (Excellence in Property Management, Inc.) 851 Camino Pescasdero, Ste. #B Goleta, CA 93117 Corporate DRE License ID #01949234

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Amenities for Magnolia

Apartment Amenities

One BedroomRemodeled
TrashWater

Appliances

OvenRange
RefrigeratorStove
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Units8
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About Magnolia

HomeApartments in GoletaDowntown Goleta Magnolia

Remodeled upstairs 1 bedroom, 1 bathroom apartment, conveniently located in downtown Goleta. Tile flooring and granite counter tops in the kitchen and bathroom. Kitchen includes electric stove/oven, garbage disposal and refrigerator. Nice bathroom with large vanity, shower and tub. Large bedroom with nice, clean carpet and walk in closet. Electric heating and ceiling fans throughout the unit, plus newly installed retrofit windows. On site laundry room with coin-operated machines. One off-street parking space included and overhead storage cabinet. Sorry, no pets. Guarantors and Co-Signers not accepted. Monthly Income Requirement: 3x monthly rent (seasoned) Positive Rental History 3+ years Pass background and credit check with 700+ credit score Available for a 1 Year Lease For more information: Call: 805-685-1850 E-mail: **** Apply at www eipm us com Properties managed by: EIPM, Inc. (Excellence in Property Management, Inc.) 851 Camino Pescasdero, Ste. #B Goleta, CA 93117 Corporate DRE License ID #01949234


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Magnolia is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Magnolia has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Magnolia
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Magnolia offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Magnolia goes above and beyond to provide sought-after conveniences and desirable perks, including trash. Renters looking for popular or luxurious features will find them here—and for that reason, Magnolia receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Magnolia is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Magnolia does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Magnolia compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby

Considerations

Greater distance from high schools
The nearest high school is farther than 2 miles away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Downtown Goleta

1-bedroom apartments at Magnolia cost about 17% more than the average rent price for 1-bedroom apartments in Downtown Goleta.

Median rents as of Jul 25 2026.
Downtown Goleta
Goleta
A table of 1-bedroom apartment rental data trends in Goleta
MonthMedian Rent
August 2024$2,656
September 2024$2,743
October 2024$2,625
November 2024$2,675
December 2024$2,643
January 2025$2,643
February 2025$2,606
March 2025$2,652
April 2025$2,475
May 2025$2,529
June 2025$2,431
July 2025$2,604
August 2025$2,550
September 2025$2,570
October 2025$2,571
November 2025$2,550
December 2025$2,525
January 2026$2,639
February 2026$2,166
March 2026$2,012
April 2026$2,273
May 2026$2,635
June 2026$2,687
July 2026$2,618
A table of 1-bedroom apartment rental data trends in Downtown Goleta
MonthMedian Rent
August 2024$2,822
September 2024$2,850
April 2025$1,900
May 2025$2,603
August 2025$2,650
September 2025$2,700
February 2026$1,725
March 2026$1,722
April 2026$1,746
May 2026$2,796
June 2026$2,737
July 2026$2,450

Affordability calculator

Can I afford to live at 393 Magnolia Ave?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$98,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $98,000 annually to afford this 1-bedroom monthly rent price of $2,450.
For more information on rent affordability, visit our rent calculator.

Schools near Magnolia

Kellogg Elementary School

475 cambridge ave

goleta, CA, 93117

K-6Public
A

Santa Barbara County Special Education

4400 cathedral oaks rd

santa barbara, CA, 93110

K-12Public

CommUnify - Los Ninos Head Start

130 e cota st

santa barbara, CA, 93101

PKPublic

Cold Spring Elementary School

2243 sycamore canyon rd

santa barbara, CA, 93108

K-6Public
A

Montecito Union

385 san ysidro rd

santa barbara, CA, 93108

K-6Public
A+
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Internet available near Magnolia

Getting around Goleta near 393 Magnolia Ave

Walking

5/10
Some shops and stores are within a few minutes.

Driving

7/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

5/10
Frequent public transit options are within walking distance.

Points of interest for 393 Magnolia Ave, Goleta

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

3/10
At least one elementary school within a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 393 Magnolia Ave

Market Oriental
5863 Hollister Ave
Cindys Produce & Groceries
5858 Hollister Ave
Santa Cruz Market
5757 Hollister Ave
La Chapala Market
5780 Hollister Ave
Albertsons
5801 Calle Real

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