Contacts
Radius Commercial Real Estate
Radius Commercial Real Estate
Radius Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 8,222 SF
- Units 7
- Lot Size 0.96 Acre
- Date Updated Sep 17, 2026
This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street from Goleta Cottage Hospital. The portfolio comprises two value-add properties and offers 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 expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or reconfiguration to maximize value.
5392–5396 Hollister Avenue is a mixed-use asset situated on a 21,344 SF lot, comprised of six residential cottages and one commercial unit. Most of the cottages have been extensively renovated, offering modern finishes and strong in-place income with additional upside potential. The commercial unit is occupied by a well-established tenant with a lease in place through 2029, providing stable and predictable income.
Reach out to the broker for more info on lease terms and amenities
Getting around
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60/100
Walk Score ®
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87/100
Bike Score ®
Location
- City Goleta, CA
- Neighborhood Old Town Goleta
- Zip Code 93111
- Market Central Coast
Points of Interest
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SBA Economy Lot 3
1.19 miles
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SBA Economy Lot 2
1.23 miles
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SBA Economy Lot 1
1.26 miles
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SBA Terminal
1.54 miles
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Goleta
1.78 miles
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Santa Barbara
6.98 miles
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Zoo Train
8.45 miles
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Valero
0.64 miles
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Chevron
1.10 miles
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World Fuels
1.12 miles
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Fuel Depot
1.14 miles
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76
1.16 miles
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ChargePoint
1.86 miles
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University Chevron
3.27 miles
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Mobil
3.41 miles
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True Zero
3.51 miles
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eVgo
6.26 miles
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staff parking
0.99 miles
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Santa Barbara Airport Parking
1.26 miles
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Long Term Parking
1.38 miles
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Short Term Parking
1.51 miles
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Lot 10
2.12 miles
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Lot 11
2.21 miles
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Lot 12
2.29 miles
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Lot 16
2.32 miles
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Lot 1
2.33 miles
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Lot 14
2.34 miles
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Pacifica Suites
0.23 miles
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Hampton Inn & Suites
0.56 miles
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South Coast Inn
0.59 miles
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The Leta Santa Barbara Goleta, Tapestry Collection by Hilton
0.67 miles
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Motel 6 Goleta, CA - Santa Barbara
0.97 miles
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Motel 6
0.97 miles
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Super 8 by Wyndham Santa Barbara/Goleta
1.07 miles
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Extended Stay America
1.32 miles
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Ramada Santa Barbara
1.52 miles
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Residence Inn
1.83 miles
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Ralphs
0.48 miles
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Magnolia Shopping Center
0.50 miles
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Lassen's Health Food
0.51 miles
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Santa Cruz Market
0.75 miles
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Trader Joe's
0.81 miles
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Albertsons
0.88 miles
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Sprouts Farmers Market
1.24 miles
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Vons
1.25 miles
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Indo China Market
3.15 miles
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Target
3.20 miles