Active Under Contract

5859 Mandarin Drive

Goleta, CA 93117
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Bed 12

Bed

Bath 6

Bath

SqFt5,027

Sqft

SqFt6,534

Sqft(Lot)

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.

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,267,076

AD Id : 68468819

MLS Id : 25615465

Beds : 12

Lot Size : 6,534 Sqft

Living Area Size : 5,027

Year Built : 1956

Garage : 6

County : Santa Barbara

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Feature Features

  • Bedroom Information

    Total beds: 12

    Bathroom Information

    Total Baths: 6
  • Interior Features

    Appliances: Refrigerator, Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1956
    Building Area Total: 5027
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 6534 Lot Size Acres: 0.15 Lot Size Source: Assessor Lot Size Square Feet: 6,534

  • Listing Price Information

    Listing Price: $2267076
    Original Price: $2995000

  • Tax Information

    Parcel Number: 071052002

  • Parking Information

    Parking Total: 6

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 6

  • Location Information

    Direction: Take US-101 N to Fairview Avenue, exit 105. Continue on N Fairview Avenue. Use the left lane to turn left onto Hollister Avenue, Turn left onto Magnolia Ave, turn left onto Mandarin Dr. Destination will be on the left.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6624 Sueno Road, Goleta, CA, 93117 $2,000,000 3 1 1,102 1,102 SqFt
6648 Del Playa Drive, Goleta, CA, 93117 $1,950,000 -- -- 1,105 1,105 SqFt
6680 Sabado Tarde Road, Goleta, CA, 93117 $3,598,000 8 4 --
6748 Del Playa Drive #A, Goleta, CA, 93117 $2,598,000 5 3 2,000 2,000 SqFt
6839 Sabado Tarde Road, Goleta, CA, 93117 $2,398,000 5 4 2,499 2,499 SqFt
7375 Chapman, Goleta, CA, 93117 $1,526,000 5 3 2,335 2,335 SqFt
431 Ellwood Beach Drive, Goleta, CA, 93117 $2,900,000 -- -- --
251 La Casa Grande Circle, Goleta, CA, 93117 $39,750,000 5 7 --
10697 Calle Quebrada, Goleta, CA, 93117 $3,975,000 5 4 4,511 4,511 SqFt
10800 Calle Real, Goleta, CA, 93117 $2,175,000 5 3 1,700 1,700 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/26/2026 @ 00:24

MLS: 25615465 LISTED BY: John Thyne, Goodwin & Thyne Properties Inc 805-899-1100 SOURCE: CRMLS

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