5392-5400 Hollister Avenue, Goleta, CA 93111

Goleta
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
5392-5400 Hollister Avenue,Goleta, CA 93111
$5,650,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: steven j golis
Office: radius group commercial r.e.
MLS#:26-2739
Source:SBAOR

Price summary

  • Price:$5,650,000

About this home

2 PARCEL DEVELOPMENT & INCOME OPPORTUNITY! This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street from Goleta Cottage Hospital. The portfolio comprises two value-add properties and offers multiple paths to achieve the highest and best use, whether through repositioning, redevelopment, or long-term hold. 5400 Hollister Avenue features a rare oversized lot of approximately 20,473 SF, currently improved with income producing structures consisting of a single-family residence and two additional units. The expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or reconfiguration to maximize value. 5392-5396 Hollister Avenue is a mixed-use asset situated on a 21,344 SF lot, comprised of six residential cottages and one commercial unit. Most of the cottages have been extensively renovated, offering modern finishes and strong in-place income with additional upside potential. The...

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Home facts

  • Year built:1957
  • Listing ID #:26-2739
  • Added:5 day(s) ago
  • Updated:August 23, 2026 at 02:53 PM

Structure and exterior

  • Year built:1957
  • Lot area:0.47 Acres

Schools

  • High school:San Marcos
  • Middle school:Gol Valley
  • Elementary school:Hollister

Finances and disclosures

  • Price:$5,650,000
Based on information from the Santa Barbara MLS as of August 23, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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