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$2,450,000
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Property Description
Rare, heavy industrial building currently leased to an automotive user. Rare ceiling heights, three large bay doors, gated parking, concrete lot, phase 3 power, and offices in a high demand purchase and leasing market. Less than one mile to Goleta Beach and the Santa Barbara airport. Please don't disturb the tenant and contact the listing agents for access.
Full Property Details
Full Property Details for 5940 Matthews St
General
- Price: $2,450,000
- Status: Active
- Type: Commercial
- Source: SBAOR
- MLS ID: 25-4193
- Updated: 1/8/2026
- Added to Site: 10 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Parking
- Parking Features: Uncovered
Location
- Area: 30 - SB/GOL SOUTH
- County: Santa Barbara
- Cross Streets: Fairview Avenue
Structural Information
- Square Feet: 5,000
- Property Condition: Good
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size: 8276
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 071-152-008
Listed by Radius Group Commercial R.E.
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Schools
Schools serving 5940 Matthews St
School Districts:Goleta Union Elementary School District, Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Kellogg Elementary School 475 Cambridge Drive, Goleta, CA 93117 | K-6 | 1.2 mi |
Goleta Valley Junior High School 6100 Stow Canyon Road, Goleta, CA 93117 | 7-8 | 1.4 mi |
Dos Pueblos Senior High School 7266 Alameda Avenue, Goleta, CA 93117 | 9-12 | 2.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5940 Matthews St
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$2,450,000
-7.55%
MLS
11/18/2025
Listed
$2,650,000
414.56%
MLS
7/02/1992
Sold
$515,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5940 Matthews St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,046
2%
$885,021
2%
2024
$9,870
2%
$867,668
2%
2023
$9,714
2%
$850,656
2%
2022
$9,550
2%
$833,978
2%
2021
$9,393
3%
$817,626
1%
2020
$9,153
2%
$809,244
2%
2019
$8,990
2%
$793,377
2%
2018
$8,808
2%
$777,822
2%
2017
$8,656
3%
$762,572
2%
2016
$8,404
1%
$747,620
2%
2015
$8,315
1%
$736,391
2%
2014
$8,215
—
$721,967
—
2013
$8,184
—
$718,705
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5940 Matthews St
5940 Matthews Street, Goleta, CA 93117 (MLS# 25-4193) is a Commercial property. 5940 Matthews Street is currently listed for $2,450,000 and was received on January 08, 2026. Want to learn more about 5940 Matthews Street? Do you have questions about finding other Commercial real estate for sale in Goleta? You can browse all Goleta real estate or contact a Coldwell Banker agent to request more information.

