5400 Hollister Avenue, Goleta, CA 93111
- $1,800,000
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- V1-38844
- Year Built
- 1957
- Lot Size
- 20,473
- Acres
- 0.47
- Lot Location
- 16-20 Units/Acre, Sprinklers None
- Days on Market
- 1
- Property Type
- Multifamily
- Neighborhood
- Not Applicable
Property Description
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
Additional Information
- Other Buildings
- Guest House, Guest House Attached
- Pool Description
- None
- Cooling Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $174,615
- Operating Expense
- 67578
Listing courtesy of Listing Agent: Steven Golis (sgolis@radiusgroup.com) from Listing Office: Radius Group Commercial RE.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.