About 5859 Mandarin Drive
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.
Features of 5859 Mandarin Drive
| MLS® # | 25615465 |
|---|---|
| Price | $2,267,076 |
| Bedrooms | 12 |
| Bathrooms | 6.00 |
| Square Footage | 5,027 |
| Lot Size | 6,534 |
| Year Built | 1956 |
| Type | Residential Income |
| Style | Traditional |
| Status | Active Under Contract |
| # Of Units | 6 |
Community Information
| Address | 5859 Mandarin Drive |
|---|---|
| Area | GLTA - Goleta |
| City | Goleta |
| County | Santa Barbara |
| Zip Code | 93117 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 6 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Refrigerator, Washer |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | November 5th, 2025 |
|---|---|
| Days on Market | 309 |
| Zoning | Other |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | John Thyne |
|---|---|
| Office | Goodwin & Thyne Properties Inc |