$2,267,076

Residential Income In Santa Barbara

  • Updated: August 10
  • 1
    Views for last 30 days
  • Source:
    Santa Barbara Multiple Listing Service  MLS#25-3446

About the Property

A 6.5% cap rate! Month to month leases on this 6-unit multifamily in prime Goleta with strong rental demand and future upside. Each 2BD/1BA unit offers efficient layouts with patios or decks and mountain views. Amenities include garages with storage, on-site laundry, and ample parking. Located near UCSB, Old Town, and major employers, this property benefits from consistent tenant demand. All tenan
A 6.5% cap rate! Month to month leases on this 6-unit multifamily in prime Goleta with strong rental demand and future upside. Each 2BD/1BA unit offers efficient layouts with patios or decks and mountain views. Amenities include garages with storage, on-site laundry, and ample parking. Located near UCSB, Old Town, and major employers, this property benefits from consistent tenant demand. All tenants are month-to-month with signed estoppels in hand including one year lease rejections--positioning this asset for rent growth and long-term value. ADU Potential.
  • Property type

    Other

  • Year built

    1956

Features

  • Garage
  • Mountain View
  • Parking
  • Laundry Room

Explore the Area

5859 Mandarin Drive, Goleta, California, United States View on Google Maps
Price per sqft
Low
High

View 53 more listings in Goleta

Goodwin & Thyne Properties - Santa Barbara

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Goodwin & Thyne Properties - Santa Barbara
California, United States
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4
Listings
2025
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Goodwin & Thyne Properties - Santa Barbara
Santa Barbara, California, United States
View agency profile
Last updated
August 10
First listed
Sep 24, 2025
Listing reference
25-3446
Listing status
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