REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,800,000
Est. payment | /mo
1,472 SqFt
$ 1,800,000
Est. payment | /mo
1,472 SqFt
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $1,222
MLS Listing ID 26-1556
Year Built 1957
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 20473.0
Source Santa Barbara Multiple Listing Service
Property Description
DEVELOPMENT OPPORTUNITY! $88/SF Land - Possible Portfolio Listing with 5392-5396 Hollister. Oversized Lot w/SFR + 2 Units. 5400 HOLLISTER AVENUE presents a rare opportunity to acquire a strong income producing asset, positioned on a ±20,473 SF lot with development potential. The main house currently operates as student housing and is leased by the bed, featuring an updated kitchen with stainless steel appliances and new flooring throughout. Additionally, the recently converted garage generates additional income as a self-contained studio unit. The expansive lot size and favorable zoning further position the property for redevelopment, expansion, or reconfiguration to maximize long-term value.
Location
State CA
County Santa Barbara
Exterior
Parking Features Outside
Others
Tax ID 071-101-002
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Radius Group Commercial R.E.
Schools and Properties Nearby
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