About 5400 Hollister Avenue
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
Features of 5400 Hollister Avenue
| MLS® # | V1-38844 |
|---|---|
| Price | $1,800,000 |
| Bedrooms | 7 |
| Bathrooms | 6.00 |
| Acres | 0.47 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Active |
Community Information
| Address | 5400 Hollister Avenue |
|---|---|
| Area | SANTA BARBARA (93111) |
| City | Goleta |
| County | Santa Barbara |
| State | CA |
| Zip Code | 93111 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
Exterior
| Lot Description | Curbs |
|---|
Additional Information
| Date Listed | September 22nd, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Radius Group Commercial RE |
|---|
