5392-5400 Hollister Avenue, Goleta, CA 93117
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
5392-5400 Hollister Avenue,Goleta, CA 93117
$5,650,000
- 17 Beds
- 11 Baths
- 1,472 sq. ft.
- Single family
- Active
Listed by: steve golis
Office: radius commercial re
MLS#:26001669
Source:CA_NSBC
Price summary
- Price:$5,650,000
- Price per sq. ft.:$3,838.32
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 commercial unit is occupied by a well-established tenant with
a lease in place through 2029, providing stable and predictable income....
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Home facts
- Year built:1957
- Subdivision & Development:Not Applicable
- Listing ID #:26001669
- Added:1 day(s) ago
- Updated:August 18, 2026 at 01:45 AM
Rooms and interior
- Bedrooms:17
- Total bathrooms:11
- Full bathrooms:11
- Living area:1,472 sq. ft.
Heating and cooling
- Heating:Heating
Structure and exterior
- Roof:Composition
- Year built:1957
- Building area:1,472 sq. ft.
- Lot area:0.21 Acres
- Foundation Description:Raised
Finances and disclosures
- Price:$5,650,000
- Price per sq. ft.:$3,838.32
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