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Informations principales sur l'investissement
- Located directly across the street from Goleta Valley Cottage Hospital.
- 5400 Hollister Avenue unit mix: (1) 6BD/4BA; (1) 1BD/BA; (1) Detached Studio.
- Ample residential parking + 6 commercial spaces.
- Just a 5-minute drive from University of California, Santa Barbara.
- 5392-5396 Hollister Avenue unit mix: (1) Commercial; (4) 2BD/1BA; (2) 1BD/1BA.
- 5400 Hollister Avenue zoning: RM (Medium Density Residential Zone), DU/Acre: 13–20 | 5392-5396 Hollister Avenue zoning: CC (Community Commercial).
Résumé analytique
This is a truly exceptional opportunity for potential redevelopment, ideally located directly across the street from Goleta Cottage Hospital. The portfolio comprises two value-add properties and offers 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 expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or reconfiguration to maximize value.
5392–5396 Hollister Avenue is a mixed-use asset situated on a 21,344 SF lot, comprised of six residential cottages and one commercial unit. Most of the cottages have been extensively renovated, offering modern finishes and strong in-place income with additional upside potential. The commercial unit is occupied by a well-established tenant with a lease in place through 2029, providing stable and predictable income.
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 expansive lot size and favorable zoning present significant potential for redevelopment, expansion, or reconfiguration to maximize value.
5392–5396 Hollister Avenue is a mixed-use asset situated on a 21,344 SF lot, comprised of six residential cottages and one commercial unit. Most of the cottages have been extensively renovated, offering modern finishes and strong in-place income with additional upside potential. The commercial unit is occupied by a well-established tenant with a lease in place through 2029, providing stable and predictable income.
Informations sur l’immeuble
| Prix | 4 864 989 € | Nb de biens | 2 |
| Prix/m² | 5 818 € / m² | Individuellement en vente | 0 |
| Type de vente | Investissement ou propriétaire occupant | Surface totale de l’immeuble | 836 m² |
| Statut | Actif | Surface totale du terrain | 0,58 ha |
| Prix | 4 864 989 € |
| Prix/m² | 5 818 € / m² |
| Type de vente | Investissement ou propriétaire occupant |
| Statut | Actif |
| Nb de biens | 2 |
| Individuellement en vente | 0 |
| Surface totale de l’immeuble | 836 m² |
| Surface totale du terrain | 0,58 ha |
Biens
| Nom du bien/adresse | Type de bien | Surface | Année de construction | Prix individuel |
|---|---|---|---|---|
| 5400 Hollister Ave, Goleta, CA 93111 | Immeuble residentiel | 209 m² | 1957 | - |
| 5392 Hollister Ave, Santa Barbara, CA 93111 | Local commercial | 627 m² | 1957 | - |
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Présenté par
Development + Income Opportunity
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