5859 Mandarin Dr, Goleta, CA, 93117
About This Home
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.
Getting Around
Very Walkable
Very Limited Transit
Very BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1956
Materials
- Foundation: Slab
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Laundry Room
Bedrooms & Bathrooms
- Bedrooms: 12
- Bathrooms: 6
Features
- Flooring: Vinyl,Carpet,Hardwood,Wood/Laminate
Heating
- Heating features: Wall Furnace
Property
Details
- Parcel number: 071052002
- Zoning: Other
Lot
- Features: Near Public Transit
Parking
- Parking features: Garage
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Barbara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $11,463 | $137,556 |
| Home Insurance * | $265 | $3,180 |
| Property Taxes | $1,114 | $13,368 |
| Electricity | $398 | $4,786 |
| Total | $13,240 | $158,880 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-01 | Price change | $2,750,000 |
| 2025-11-05 | Price change | $2,995,000 |
| 2025-10-03 | Price change | $3,150,000 |
| 2025-09-12 | Listed for sale | $3,300,000 |
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