5392-5396 Hollister Ave Goleta, CA 93111

Ideally located directly across from Goleta Valley Cottage Hospital and just a 5-minute drive from the University of California, Santa Barbara (UCSB). Situated on an approximately 21,344 SF lot, 5392–5396 Hollister Ave. is a mixed-use asset comprised of six residential cottages and one commercial unit.

Most of the cottages have been extensively renovated, featuring modern finishes and generating 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 cash flow.

Property upgrades and amenities include new windows, vaulted ceilings, laminate flooring, updated kitchens and baths, private patios and porches, washer/dryer units in select cottages, freshly painted interiors in select units, and a new roof installed on the 5392-1 cottage in 2026.

Also available as part of a rare two-property portfolio opportunity under the same ownership: 5400 & 5392–5396 Hollister Ave., Goleta 93111. Portfolio offering price: $5,650,000. Contact Listing Agents for further details.