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Listed by Radius Group Commercial RE, Steven Golis, Listing Contact: 805-965-5500 
7 Beds
6 Baths

$1,800,000

5400 Hollister Avenue, Goleta CA, 93111

Property typeMulti-family

Overview

Active

Listed Sep 22, 2026

Updated 2 weeks ago

This is a󠃍󠂏󠃢󠂁󠂤󠃢󠂁󠂣󠃢󠂁󠂢󠃢󠂁󠂡󠃢󠂁󠂢 truly exceptional opportunity for potential redevelopment, ideally located directly across thestreet from Goleta Cottage Hospital. This offering allows for 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 withincome-producing structures consisting of a single-family residence and two additional units -- buyer to verify permit status. The single-family home is currently operated as student housing, allowing for reliable turnover and repositioning for any intended use. The expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or re-configuration to maximize value

$11,975/mo

Est. mortgage payment based on a $1,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
V1-38844

Interior Features

Bedrooms
7
Bathrooms
6
Cooling
Yes
Basement
No

Exterior Features

Lot Size
0.47 Acres

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Data last updated 4:21 AM UTC, 9/23/2026

   

 

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