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5859 Mandarin Drive

Goleta, CA 93117
  • $2,995,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 25615465
UPDATED: 77 min ago
$2,995,000
  • 12
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,027
    SQFT
  • $596
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Listing Agent(s): John Thyne of Goodwin & Thyne Properties Inc (805-899-1100)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/169659911
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5859 Mandarin Drive Goleta, CA 93117

  • Price: $2,995,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 77 min ago
  • ID#: 25615465
12
Beds
0
Baths
0
½ Baths
0.15
Acres
5,027
SQFT
$596
$/SQFT
1956
Built
Neighborhood:
GLTA - Goleta
County:
Santa Barbara
Area:
GLTA - Goleta
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.
Exterior Features

Architectural Style Traditional Attached Garage YN Yes Parking Total 6 Property Attached YN Yes

Interior Features

Appliances RefrigeratorDryerWasher Common Walls 1 Common Wall Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 4.47 Garage YN Yes Gross Income 0 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning Other



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): John Thyne of Goodwin & Thyne Properties Inc (805-899-1100)