Active

5859 Mandarin Drive

Goleta, CA 93117
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Bed 12

Bed

Bath 0

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 : Residential Income

Price : $2,485,000

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 Bedrooms: 12

    Bathroom Information

    Total Baths: 6 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Refrigerator,Dryer,Washer
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1956 Building Area Total: 5,027

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.15
  • Lot Size Source: Assessor Lot Size Square Feet: 6534

  • Listing Price Information

    Original List Price: 2,485,000 Listing Contract Date: 2025-11-05
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 071052002

  • Garage and Parking

    Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: GLTA - Goleta Postal Code Plus 4: 3363 Directions: 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. Zoning: Other Source Property Type: Residential Income Area: GLTA - Goleta
  • Building and Construction

    Property Age: 70 Common Walls: 1 Common Wall Year Built Source: Assessor Total Square Feet Living: 5027 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
520 Pine Avenue #22, Goleta, CA, 93117 $239,950 2 1 --
520 Pine Avenue #39, Goleta, CA, 93117 $239,950 2 1 --
520 Pine Avenue #65, Goleta, CA, 93117 $249,950 2 2 --
6591 Cordoba Road, Goleta, CA, 93117 $4,425,000 -- -- 5,130 5,130 SqFt
6880 Pasado Road, Goleta, CA, 93117 $2,425,000 -- -- 1,340 1,340 SqFt
516 Mills Way, Goleta, CA, 93117 $2,195,000 4 3 1,850 1,850 SqFt
246 Vereda Pradera, Goleta, CA, 93117 $2,549,000 4 3 3,172 3,172 SqFt
10697 Calle Quebrada, Goleta, CA, 93117 $3,975,000 5 4 4,511 4,511 SqFt
10800 Calle Real, Goleta, CA, 93117 $2,399,000 5 3 1,700 1,700 SqFt

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ByOwner last updated this listing 06/08/2026 @ 15:56

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

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