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

Property details

Year built

1957

Property type

Residential Income

Lot size

20,473 sqft

Location

5400 Hollister Avenue • Goleta, CA 93111

More homes for sale and rent in Goleta, CA →

Listing Agent

Steven Golis

DRE #: 00772218

Brokerage: Radius Group Commercial RE

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Closed sales reported in 93111, nearest first, last 12 months. All recent sales in Goleta →

CRMLS

MLS# V1-38844

Listed: 9/21/2026 10:14 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 9/21/2026 5:20 PM. 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 deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Radius Group Commercial RE

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 5400 Hollister Avenue, Goleta, CA