5400 Hollister Avenue, Goleta, CA 93111

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Beds

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Baths

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Sq ft

About this home

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

Type

Residential

Year built

1957

Lot

20,473 sq ft (0.47 ac)

Garage

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HOA

None

Pool

View

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Solar

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Estimated payment

$11,352/mo

Principal & interest$9,102
Property tax (est.)$1,725
Home insurance (est.)$525

Down payment: 20% ($360,000)Interest rate %

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Steven Golis, Radius Group Commercial RE, sgolis@radiusgroup.com. MLS# V1-38844. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 10:29 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.