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$ 2,425,000
Est. payment | /mo
4 Beds
2 Baths
6,098 Sqft Lot
$ 2,425,000
Est. payment | /mo
4 Beds
2 Baths
6,098 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID V1-35254
Bedrooms 4
Lot Size 6,098 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the heart of Isla Vista's vibrant rental market, 6880 Pasado Road offers investors a well-positioned duplex with strong income stability, consistent tenant demand, and outstanding long-term potential. Just blocks from UCSB and the beaches of Isla Vista, this property presents an appealing blend of lifestyle desirability and reliable returns. Main house is 4BD/2BA plus a 3BD/3BA ADU. Tenants pay all utilities. Projected 6.24% CAP and 11.55 GRM. Excellent long-term investment in one of California's most resilient student-housing markets.
Location
State CA
County Santa Barbara
Zoning Public Rec
Direction From US 101 Northbound, take Exit 108-LosCarneros Rd. Turn left onto Los Carneros Rd. Continue straight until it becomes El Cole
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Others
Senior Community No
Tax ID 075081014
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Michael Lopus, DRE#01970736 Colliers International
Nearby Locations
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