This is one of the most prominent commercial corners on the South Coast. Owned by the Cavalletto family since 1938 the property consists of 52 apartment units, a 14-unit 22,913 SF medical office building and 5.14 acres of vacant land zoned DR-20 and PI. This is one of the best 'value-added' local opportunities in years.
Multi-familyProperty Type
1985Year Built
9.53 acresLot Size
Listed by Brian Bailey•DRE #00680927• Central Coast Investments
Listed by Francois DeJohn•DRE #01144570• Hayes Commercial Group
Bought with Robert Tuler•DRE #00643325• Radius Group Commercial R.E.
Marketing Remarks: This is one of the most prominent commercial corners on the South Coast. The property consists of 52 apartment units, a 14-unit 22,913 SF medical office building and 5.14 acres of vacant land zoned DR-20 and PI. This is one of the best 'value-added' local opportunities in years.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Santa Barbara County
APN
006509028
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Mar 2, 2026.
OI
Office Institutional District
This District is intended to provide areas for existing and future office-based uses by implementing the Office and Institutional (I-OI) land use designation in the General Plan.
Permitted uses
Include but are not limited to:
Gas station
Restaurant
Hospital / medical center
Housing-Multiple units
Housing-Senior
Industrial
Manufacturing
Hotel / motel
Research & development
Educational/school
Property details
Parking
Parking Information
Parking Features: Uncovered
Interior
Interior Features
Laundry Features: Laundry Room
Flooring: Vinyl, Carpet
Unit 1 Information
# of Units: 50
# of Bedrooms: 1
# of Baths (Total): 1
Rent: $54,500
Monthly Total: $54,500
Furnished: N
Unit 2 Information
# of Units: 2
# of Bedrooms: 2
# of Baths (Total): 3
Rent: $3,200
Monthly Total: $3,200
Furnished: N
Unit 3 Information
# of Units: 14
Monthly Total: $40,170
Lease: Yes
Furnished: N
Multi-Unit Information
# Of Units (Total): 66
Exterior
Exterior Features
Foundation Details: Slab
Property Information
Stories: 2
Property Condition: Excellent
Lot Information
Lot Features: Near Public Transit
Zoning: Other
Utilities
Heating & Cooling
Heating Available: Yes
Heating: Elec
Location
School Information
Elementary School: Hollister
Middle Or Junior School: Gol Valley
High School: Dos Pueblos
Location Information
Cross Street: Hollister Ave.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Santa Barbara County
APN: 006509028
Home facts updated by county records on Mar 2, 2026
Around this home
Schools
Hollister Elementary School
Public K-6 • Assigned • 0.8mi
8/10
La Colina Junior High School
Public 7-8 • Assigned • 3.2mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Goleta, CA • 93111-2400
Average low and high temperatures (°F)
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Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.7 hours in December, placing it above the
U.S. average for solar exposure.