5746 Hollister Ave, Goleta, CA 93117

5746 Hollister Ave, Goleta, CA 93117

Studio, 1 bath, 900 sqft
Off Market
Zestimate®: $527,799
Rent Zestimate®: $1,615/mo
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The building is for sale not the business.Lot size is 2178 with 4 parking spots in the rear and the interior is about 900 sq ft.The owners have been told that you might be able to buildup on the building but have not looked into the cost or verified anything with the city.The business is Del Valle Grill Mexican Restaurant.The business has been here for many years and started a new 5-year lease in June 2011.The tenant is currently paying $2400 per month, which goes up $100 each year.The lease has tenant paying all utilities and The Property Taxes on the building. Property taxes are $2860 per year at this time.The owner only pays the insurance for the building, which is about $700 per year, and they own the building free and clear. The net operating income is $28,100 per year. Asking price for the building is $580,000. Seller says make them an offer. The seller will pay a 2.5 % commission to a buyers agent. Please call for more details, Randy JacobsonLic # 01243703, Assist-2-Sell Full Service Real Estate Office: 805-692-5060, or RandyJ31@gmail.com. Roger Jacobson Owner/Broker Lic # 00901871, Assist-2-Sell Full Service Real Estate 351 Hitchcock Way B-230 Santa Barbara, CA 93105 Office: 805-692-5060  MoreLess
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Facts
  • Lot: 2,178 sqft
  • Single Family
Features
  • Parking: 0 space
    Construction
    • Roof type: Other
    • # Stories: 1.0
    • Structure type: Other
    Other
    • Floor size: 900 sqft
    • Zillow Home ID: 2110512569
    Home Values
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    $527,799
    +$11,238 Last 30 daysd
    $464K
    $596K
    Zestimate range
    Rent Zestimate What's this?
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    A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

    The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
    $1,615/mo
    +$24 Last 30 daysd
    $1.2K
    $2.9K
    Zestimate range

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    Neighborhood for 5746 Hollister Avenue

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    Zillow predicts 93117 home values will increase 2.8% next year, compared to a 3.6% rise for Goleta as a whole. Among 93117 homes, this home is valued 29% less than the midpoint (median) home, but is valued 23.9% more per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 93117, the number of foreclosures waiting to be sold is 30.8% higher than in Goleta, and 34.3% less than the national average. This higher local number may prevent 93117 home values from rising as quickly as other regions in Goleta.

    Learn more about forecast calculations or 93117 home values.
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