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5859 Mandarin Dr Goleta, CA 93117

For Sale
$2,995,000

Six-unit multifamily property in Goleta with month-to-month leases.

Lot size:
0.15 Acres

Property Features for 5859 Mandarin Dr

General Information

Lot size
0.15 Acres

Building Details

Year built
1956

Source: Goodwin & Thyne Properties Inc

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Goleta Multifamily Property with Upside

This six-unit multifamily property is located in Goleta. Each unit features two bedrooms and one bathroom, with efficient layouts and patios or decks that offer mountain views. The property includes garages with storage, on-site laundry facilities, and ample parking. The tenants are currently on month-to-month leases. The property is positioned for rent growth and long-term value. The location is near UCSB, Old Town, and major employers, which contributes to consistent tenant demand. There is ADU potential.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Goleta
County
Santa Barbara
State
California
Longitude
-119.8282106
Latitude
34.4372592

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property in Goleta with month-to-month leases.
Where is this apartment building located?
The property is located at 5859 Mandarin Dr Goleta, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: - Prime Goleta location with strong rental demand near UCSB, Old Town, and major employers.; - Six 2BD/1BA units with patios or decks and mountain views.; - Month-to-month leases with signed estoppels in hand, positioning for immediate rent growth.
More about this property
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