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2 Beds
1 Bath
1,472 sqft

$1,800,000

5400 Hollister Avenue, Goleta CA, 93117

Price per sqft$1,222.83
Built in1957
Property size1,472 sqft
Property typeOther
Courtesy of Steve Golis, Radius Commercial RE

Overview

Active

Listed Sep 23, 2026

Updated 2 weeks ago

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.

$11,975/mo

Est. mortgage payment based on a $1,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26001938

Interior Features

Bedrooms
2
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.47 Acres

Listed by Radius Commercial RE, Steve Golis,
Listing Contact: 805-965-5500 

© 2026 by the following Associations of REALTORS®: Lompoc Valley, Santa Maria and Santa Ynez Valley. All Rights Reserved.

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