Movoto Real Estate

5859 Mandarin Dr, Goleta, CA 93117

  • $2,267,076

  • 12

    bed

  • 6

    bath

Multi-family pending
Movoto is helping 24 homebuyers near you

About 5859 Mandarin Dr

Property type Multi-family
Neighborhood
Year built 1956
HOA fee $0/month
Movoto estimate
Property description
A 6.5% cap rate! Month to month leases on this 6-unit multifamily in prime Goleta with strong rental demand and future upside. Each 2BD/1BA unit offers efficient layouts with patios or decks and mountain views. Amenities include garages with storage, on-site laundry, and ample parking. Located near UCSB, Old Town, and major employers, this property benefits from consistent tenant demand. All tenants are month-to-month with signed estoppels in hand including one year lease rejections--positioning this asset for rent growth and long-term value. ADU Potential.
Listed by
Listing Agent - Marcos Lazaro
Listing Agent Contact: Investsantabarbara@gmail.com
Listing Office - Goodwin & Thyne Properties
Source: Santa Barbara AOR mls logo
MLS#25-3446 • last updated 1 week ago
Movoto checked Santa Barbara AOR for data 7 minutes ago
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Overview
Heating Wall Furnace
MLS # 25-3446
Virtual Tour External Link
Status Pending
Condition Good
Year Built 1956
Interior
Laundry Laundry Room
Flooring Vinyl, Carpet, Hardwood, Wood/Laminate
Exterior
Foundation Slab
Parking Garage
Lot Features Near Public Transit
Location
Area 30 - SB/GOL SOUTH
Elementary School La Patera
Middle School Other
High School Dos Pueblos
APN 071-052-002
Multifamily Details
Owner Pays None
Total # of Units 6
Total Rent 12280
Gross Income 147360
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Source: GreatSchools.org © 2026. All rights reserved.

Around Old Town Goleta

Explore everything this neighborhood has to offer. Learn more about Old Town Goleta.
73/100
Walk
66/100
Family
48/100
Dining
79/100
Pet
  • Real Estate
  • CA
  • Santa Barbara County
  • Goleta
  • 93117
  • Old Town Goleta
  • 5859 Mandarin Dr

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