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
| MLS # | V1-38844 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1957 |
| Days On Site | 42 |
| Listing Provided By | Radius Group Commercial RE | Steven Golis |
| SQ Feet | 2,250 |
|---|---|
| Building(s) | 3 |
| Acreage | 0.47 |
| Golf Course | Yes |
| Property View | None |
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Fireplace Yes / No | No |
| Foundation Details | Slab |
|---|---|
| Lot Features | Sixteen To Twenty Units Acre, Sprinklers None |
| Parking Features | Gravel, Oversized, Unassigned, Uncovered |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Biking, Curbs, Golf |
|---|
| State | CA |
|---|---|
| County | Santa Barbara |
| City | Goleta |
| Zip Code | 93111 |
| Area | GLTA Goleta |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $1,800,000 low | high Med: $9,000 sqft: 2,250 low | high Med: 4,320 $ / sqft: $800 low | high Med: $2 On site: 42 low | high Med: 19 | |
| State | CA |
|---|---|
| County | Santa Barbara |
| City | Goleta |
| Zip Code | 93111 |
| Area | GLTA Goleta |
| Community Name | Not Applicable |
| Listing VS Median (in Not Applicable) | |
Price: $1,800,000 low | high Med: $9,000 sqft: 2,250 low | high Med: 4,320 $ / sqft: $800 low | high Med: $2 On site: 42 low | high Med: 19 | |