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.
Pending
$1,800,000
5400 Hollister Ave, Goleta, CA 93111
7beds
6baths
1,472sqft
:
Get pre-qualified$11,763/mo
Multi Family
Built in 1957
-- sqft lot
$1,796,600 Zestimate®
$1,223/sqft
$-- HOA
What's special
- 15 days |
- 17 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Steven J Golis 00772218 805-965-5500,
Radius Group Commercial R.E.
Source: SBMLS,MLS#: 26-1556
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total interior livable area: 1,472 sqft
Property
Parking
- Parking features: Outside
Lot
- Size: 0.47 Acres
Details
- Parcel number: 071101002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1957
Community & HOA
Location
- Region: Goleta
Financial & listing details
- Price per square foot: $1,223/sqft
- Tax assessed value: $590,335
- Annual tax amount: $7,244
- Date on market: 5/12/2026
- Cumulative days on market: 16 days
- Listing terms: Conventional,Cash
- Total actual rent: 15054
Estimated market value
$1,796,600
$1.71M - $1.89M
$4,189/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Pending sale | $1,800,000$1,223/sqft |
Source:  SBMLS #26-1556 Report a problem | ||
| 5/12/2026 | Listed for sale | $1,800,000$1,223/sqft |
Source: SBMLS #26-1556 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,244 +1.6% | $590,335 +2% |
| 2024 | $7,130 +1.4% | $578,760 +2% |
| 2023 | $7,028 +1.5% | $567,413 +2% |
| 2022 | $6,923 +1.5% | $556,288 +2% |
| 2021 | $6,821 +2.4% | $545,381 +1% |
| 2020 | $6,662 +1.6% | $539,790 +2% |
| 2019 | $6,555 +2.2% | $529,207 +2% |
| 2018 | $6,412 +1.9% | $518,832 +2% |
| 2017 | $6,295 +3.9% | $508,660 +2% |
| 2016 | $6,061 +1.6% | $498,687 +1.5% |
| 2015 | $5,966 | $491,197 +2% |
| 2014 | $5,966 | $481,576 +37.6% |
| 2012 | -- | $350,098 +4.2% |
| 2011 | -- | $336,142 +0.8% |
| 2010 | -- | $333,630 -0.2% |
| 2009 | -- | $334,424 +2% |
| 2008 | -- | $327,868 +2% |
| 2007 | -- | $321,440 +2% |
| 2006 | -- | $315,138 +2% |
| 2005 | -- | $308,960 +3.9% |
| 2003 | -- | $297,352 +2% |
| 2002 | -- | $291,523 +2% |
| 2001 | -- | $285,807 +2% |
| 2000 | -- | $280,204 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 93111
Nearby schools
GreatSchools rating
- 5/10El Camino Elementary SchoolGrades: K-6Distance: 0.9 mi
- NALearning Tree PreschoolGrades: Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Hollister
- Middle: Gol Valley
- High: San Marcos
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $--2 bd1 ba692 sqft5392 Hollister Ave #3, Santa Barbara, CA 93111Off Market
- $--1 bd1 ba-- sqft5392 Hollister Ave UNIT 1, Santa Barbara, CA 93111Off Market
- $--2 bd1 ba-- sqft5392 Hollister Ave UNIT 2, Santa Barbara, CA 93111Off Market
- $---- bd-- ba-- sqft5392 Hollister Ave, Santa Barbara, CA 93111Off Market
- $3,7952 bd2 ba-- sqft5362 Hollister Ave APT 19, Santa Barbara, CA 93111For Rent
- $--2 bd2 ba-- sqft5362 Hollister Ave, Santa Barbara, CA 93111Off Market
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- $--2 bd2 ba-- sqft5362 Hollister Ave APT 21, Santa Barbara, CA 93111Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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