$1,800,000

Residential Income In Goleta

  • 1,472 Sqft
  • 20,473.0 Ac lot
  • Updated: Today
  • Source:
    Santa Barbara Multiple Listing Service  MLS#26-3173

About the Property

This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street 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 with income-produ
This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street 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 with income-producing structures consisting of a single-family residence and two additional units. 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.
  • Property type

    Other

  • Year built

    1957

  • Price/sqft

    $1,222

Explore the Area

5400 Hollister Avenue, Santa Barbara, California, United States View on Google Maps
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Radius Group Commercial R.E. - Santa Barbara

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Radius Group Commercial R.E. - Santa Barbara
California, United States
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11
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2025
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Radius Group Commercial R.E. - Santa Barbara
Santa Barbara, California, United States
View agency profile
Last updated
Today
First listed
Sep 22
Listing reference
26-3173
Listing status
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