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$1,925,000

  • Sold
  • Closed
  • Multi-Family
  • 12 Total Beds
  • 6 Car Garage
  • Updated 5 days ago
See This Home
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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.

Full Property Details for 5859 Mandarin Dr

General

  • Sold For: $1,925,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25615465
  • Added to Site: 341 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Additional Information

  • Other Features: None

Parking

  • Garage: Yes
  • Garage Spaces: 6
  • Garage Description: Garage - 4+ Car, Garage Is Attached

Location

  • Area: Goleta
  • County: Santa Barbara
  • Driving 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.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Architectural Style: Traditional
  • Common Walls: Attached
  • Stories/Levels: 2
  • Square Feet: 5,027
  • Sq. Ft. Source: Taped
  • Year Built: 1956
  • Year Built Source: Assessor

Unit Information

  • Units in Complex: 6
  • Unit Type: 2106

Unit 1

  • Total Bathrooms: 6
  • Bedrooms: 12

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Size: 6534
  • Lot Size Source: Assessor
  • Zoning: Other

Financial Considerations

  • Price Per Sq. Ft.: $450.98
  • Assessment Year: 1956

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 071-052-002

Listed by Goodwin & Thyne Properties Inc, John Thyne
Sold by Douglas Elliman of California, Adam McKaig

Listing agent

— 5859 Mandarin Dr —

  • John Thyne

    Goodwin & Thyne Properties Inc

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5859 Mandarin Dr

School Districts:Goleta Union Elementary School District, Santa Barbara Unified School District
NameGradesDistance
Kellogg Elementary School
475 Cambridge Drive, Goleta, CA 93117
K-60.7 mi
Goleta Valley Junior High School
6100 Stow Canyon Road, Goleta, CA 93117
7-81 mi
Dos Pueblos Senior High School
7266 Alameda Avenue, Goleta, CA 93117
9-122.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5859 Mandarin Dr

Date
Details
Price
Change
Source
10/06/2026
Sold
$1,925,000
-15.09%
MLS
6/22/2026
Price Reduced
$2,267,076
-8.77%
MLS
5/15/2026
Price Reduced
$2,485,000
-17.03%
MLS
11/05/2025
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Goodwin & Thyne Properties Inc, John Thyne
Sold by Douglas Elliman of California, Adam McKaig

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Recent Sales near 5859 Mandarin Dr

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5859 Mandarin Dr, Santa Barbara, CA 93117 - Photo 1 Sold
$1,925,000

5859 Mandarin Dr  Santa Barbara, CA 93117

  • Multi-Family
  • Closed
  • Updated 4 days ago
117 Magnolia Ave, Goleta, CA 93117 - Photo 1 Sold
$1,989,000

117 Magnolia Ave  Goleta, CA 93117

  • Multi-Family
  • Closed
5899 Berkeley Rd, Goleta, CA 93117 - Photo 1 Sold
$1,950,000

5899 Berkeley Rd  Goleta, CA 93117

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    Beds
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    Total Baths
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    Sq. Ft.
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5859 Mandarin Dr, Goleta, CA 93117 (MLS# 25615465) is a Multi-Family property that was sold at $1,925,000 on October 06, 2026. Want to learn more about 5859 Mandarin Dr? Do you have questions about finding other Multi-Family real estate for sale in Goleta? You can browse all Goleta real estate or contact a Coldwell Banker agent to request more information.