This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street 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 with income-producing structures consisting of a SFH and two additional units — buyer to verify permit status. The SFH 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.
5400 Hollister Avenue features a rare oversized lot of approximately 20,473 SF, currently improved with income-producing structures consisting of a SFH and two additional units — buyer to verify permit status. The SFH 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.
Listing Provided Courtesy of Steve Golis at Radius Commercial RE
Property Details
Price:
$1,800,000
MLS #:
26001938
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Multi Family
Neighborhood:
99outofarea
Listed Date:
Sep 23, 2026
Total Sq Ft:
1,472
Lot Size:
20,473 sqft / 0.47 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Bathrooms
1 Full Bathroom
Cooling
Window/Wall Unit
Heating
Wall Furnace
Laundry Features
Common
Exterior
Parking Features
Private Lot
Roof
Composition
Stories
1
Financial
Map
Community
- Address5400 Hollister Avenue Goleta CA
- CityGoleta
- CountySanta Barbara
- Zip Code93117
Subdivisions in Goleta
Market Summary
Current real estate data for Single Family in Goleta as of Sep 26, 2026
4
Single Family Listed
19
Avg DOM
$1,157,625
Avg List Price
Property Summary
- 5400 Hollister Avenue Goleta CA is a Single Family for sale in Goleta, CA, 93117. It is listed for $1,800,000 and features 2 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 1957. The average listing price for Single Family in Goleta is $1,157,625. To schedule a showing of MLS#26001938 at 5400 Hollister Avenue in Goleta, CA, contact your JoAnn Outland Real Estate agent at 18054415574.
Similar Listings Nearby
5400 Hollister Avenue
Goleta, CA