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$ 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 26-3173
Year Built 1957
Lot Size 0.470 Acres
Acres 0.47
Lot Dimensions 20473.0
Source Santa Barbara Multiple Listing Service
Property Description
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 single-family residence and two additional units. 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.
Location
State CA
County Santa Barbara
Interior
Laundry Bldg
Others
Tax ID 071-101-002
Acceptable Financing Conventional, Cash, OTHER/CLA
Listing Terms Conventional, Cash, OTHER/CLA
Listed by Radius Group Commercial R.E.
Schools and Properties Nearby
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