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  • Price cut: $155K (11/5)
    $2,995,000

    5859 Mandarin Dr, Goleta, CA 93117

    12beds
    6baths
    --sqft
    : 
    Multi Family
    Built in 1956
    -- sqft lot
    $2,984,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Efficient layoutsMountain viewsPatios or decks
    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.
    94 days
    |
    302
    |
    7
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 05, 2025 at 03:20pm

    Listed by:

    Marcos Lazaro 01770439 805-637-9121,

    Goodwin & Thyne Properties

    Source: SBMLS,MLS#: 25-3446MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Appliances
    • Laundry: Laundry Room
    Features
    • Flooring: Vinyl, Carpet, Hardwood, Wood/Laminate
    • Has fireplace: No

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Lot
    • Features: Near Public Transit
    Details
    • Parcel number: 071052002
    • Zoning: Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Slab
    Condition
    • Good
    • Year built: 1956

    Community & HOA

    Location
    • Region: Goleta

    Financial & listing details

    • Date on market: 9/12/2025
    • Cumulative days on market: 95 days
    • Listing terms: Cash,Ctnl
    • Total actual rent: 12280
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    Estimated market value

    $2,984,100

    $2.83M - $3.13M

    Not available

    Price history

    Price history
    DateEventPrice
    11/5/2025Price change$2,995,000-4.9%
    Source: SBMLS #25-3446 Report a problem
    10/3/2025Price change$3,150,000-4.5%
    Source: SBMLS #25-3446 Report a problem
    9/12/2025Listed for sale$3,300,000
    Source: SBMLS #25-3446 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $18,316/mo
    Principal & interest
    $14597
    Property taxes
    $2671
    Home insurance
    $1048

      Climate risks

      Neighborhood: 93117

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: La Patera
      • High: Dos Pueblos

      Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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