Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,400,000
Hotels
6021 Hollister Ave Goleta, CA 93117-3217
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-1700611
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1961
Total area
18,638 SF
Lot
0.7 ac (30,492 SF)
APN
073-080-028
UPID
US09-1700611
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.40M
Owner & transaction history
Housing Authority Of Cnty Of Santa · 4 yrs held
Housing Authority Of Cnty Of Santa
since 2022
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Goleta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goleta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$20,920,000
Current use
OFFICE BUILDING
$19,295,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$13.40M
Range $12.06M – $14.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$719 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1961
Heating
NONE
Total area
18,638 SF
Lot
0.7 ac (30,492 SF)
APN
073-080-028
UPID
US09-1700611
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$20.9M
OFFICE BUILDING
Est. value
$19.3M
HOTEL/MOTEL Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Lot
0.7 ac
Current owner
From public records · entity-resolved
Housing Authority Of Cnty Of Santa
Entity
Mailing address
815 W OCEAN AVE, LOMPOC, CA 93436-6526
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2024
—
Housing Authority Of Cnty Of Santa
—
Deed
related
$3,530,383 · County Of Santa Barbara
Mar 23, 2022
—
Housing Authority Of Cnty Of Santa
Oceanic Santa Barbara LP
Grant Deed
—
Sep 30, 2020
$6,925,000
Oceanic Santa Barbara LP
H Oliver Dixon
Grant Deed
$5,000,000 · Pacific City Bank
Dec 12, 2003
—
Dixon,tr
Dixon,homer O
Quit Claim Deed
related
—
Jan 14, 1997
—
Homer O Dixon
Roman Catholic Archbishop
Quit Claim Deed
related
—
May 18, 1994
—
Homer O Dixon
Dixon,h O
Quit Claim Deed
related
$550,000 · Santa Barbara Bank & Trust
—
—
Dixon H O Trust
—
Deed Of Trust
related
$2,300,000 · Business First National Bank
—
—
H Oliver Dixon Trust
—
Deed Of Trust
related
$125,000 · Business First National Bank
—
—
Dixon H Oliver Trust
—
Deed Of Trust
related
$200,000 · Business First National Bank
—
—
H Oliver Dixon INC
—
Deed Of Trust
related
$4,000,000 · Montecito Bank & Trust
—
—
H Oliver Dixon INC
—
Deed Of Trust
related
$4,000,000 · Montecito Bank & Trust
—
—
Dixon,h Oliver Trust
—
Deed Of Trust
related
$3,000,000 · Montecito Bank & Trust
—
—
Homer O Dixon
—
Deed Of Trust
related
$480,000 · Santa Barbara Bank
—
—
Homer O Dixon
—
Deed Of Trust
related
$1,800,000 · Santa Barbara Bank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6021 Hollister Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
