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5859 Mandarin Dr, Goleta, CA 93117

  • $2,267,076

    •

  • 12

    bed

  • 6

    bath

  • 5,027

    Sqft ($451/Sqft)

Multi-family for sale 235 days
$217K price drop
Movoto is helping 24 homebuyers near you

About 5859 Mandarin Dr

Property type Multi-family
Neighborhood
Year built 1956
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Parking 6 garage spaces
Property description
Tons of potential! 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 - John Thyne
Listing Office - Goodwin & Thyne Properties Inc
Source: The MLS mls logo
MLS#25615465 • last updated 6 days ago
Movoto checked The MLS for data 1 hour ago
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Overview
Levels/Style Two
MLS # 25615465
Type Residential Income
Status Active
Virtual Tour External Link
SqFt 5027
Lot Size (SqFt) 6534
Lot Size (Acres) 0.15
Year Built 1956
Interior
Total # of Baths 6
Total # of Bedrooms 12
Exterior
# Garage Spaces 6
# Parking Spaces 6
Parking Desc Garage - 4+ Car, Garage Is Attached
Add'l Structures None
Amenities / Utilities
Equipment Refrigerator, Range/Oven, Washer, Dryer
Location
County Santa Barbara
Zoning Other
APN 071-052-002
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 15000
Unit 1: # Beds 12
Unit 1: Rent 2025
Unit 1: # Baths 6
Unit Type 2106
Unit 1: Actual Rent 12280
Total # Of Buildings 1
Cap Rate 6.5
Gross Operating Income 147360
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Around Old Town Goleta

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Walk
66/100
Family
48/100
Dining
79/100
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  • Real Estate
  • CA
  • Santa Barbara County
  • Goleta
  • 93117
  • Old Town Goleta
  • 5859 Mandarin Dr

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