5400 Hollister Avenue Goleta, CA ^$ 1,800,000

5400 Hollister Avenue

^$ 1,800,000

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Recently Listed

5400 Hollister Avenue

Goleta, CA, 93111

^$ 1,800,000

Bedrooms-- Baths4.0 Sq 2,250

Monthly Estimate*

^$ 11,365

Listed by Steven Golis, Radius Group Commercial RE, sgolis@radiusgroup.com

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5400 Hollister Avenue, Goleta, CA 93111 - Image 8

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Multi-Family Home for sale in Goleta, CA

for $1,800,000 with 4 full baths. This 2,250 square foot home was built in 1957 on a lot size of 0.47.

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

Multi-Family Active

Price

^$ 1,800,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.47

Year Built

1957

Town/City

Goleta

County/Region

Santa Barbara

MLS | Web ID

V138844

Days on Market

Features

General

Sewer Public Sewer

Cooling None

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1957

View None

Gross Income 174615

Community Features Biking Curbs Golf

County Santa Barbara

Net Operating Income 107037

Operating Expense 67578

Insurance Expense 6000

Property Type Residential Income

Subdivision Name Not Applicable

Garage Y/N false

Other Structures Guest House Guest HouseAttached

Special Listing Conditions Standard

Status Active

Directions Turn off Patterson take driveway to the left of Crushcakes if facing the building

City Goleta

Senior Community Y/N false

MLS Area GLTA - Goleta

Lot Size Units Square Feet

Lot Size Square Feet 20473

Listing Terms Cash Cash to New Loan Conventional Submit

Spa Features None

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 8030

Fuel Expense 0

Trash Expense 371

Water Sewer Expense 12028

Additional Parcels Y/N false

Rent Control Y/N true

Standard Status Active

Year Built Source Assessor

Cap Rate 5.95

Interior

Flooring Laminate Vinyl

Fireplace Features None

Common Walls No Common Walls

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features Common Area

Total Baths 0

Exterior

Parking Features Gravel Oversized Unassigned Uncovered

Lot Features 16-20 Units/Acre Sprinklers None

Water Source Public

Total Parking 0

Lot Size Area 20473

Foundation Details Slab

Number of Buildings 3

Spa false

Building Area Total 2250

Lot Size Acres 0.47

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 0

Number of Separate Electric Meters 0

* Excluded Features

List By

Steven Golis

Listing Agent

Radius Group Commercial Re

Broker

sgolis@radiusgroup.com

Affordability Calculator

$11,365

Per Month

Monthly Principal & Interest: $11,365
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Goleta, CA

Average List Price ^$2,616,179

Percent of Sale Price 45%

About Goleta, CA

31,903 Population

11% Since 2002

^$84,611 Median Income

37.3 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/22/2026	$1,800,000		Listed Price

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5400 Hollister Avenue, Goleta, CA, 93111 is a Multi-Family Home for sale at $1,800,000 with 2,250 sqft and a lot size of 0.47. 5400 Hollister Avenue has 4.0 baths and was built in 1957. The property's zip code is 93111 which is in Goleta, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/2/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. 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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5400 Hollister Avenue

Multi-Family Home for sale in Goleta, CA

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