6880 Pasado Road, Goleta, CA 93117
- $2,425,000
- List Price
- $2,425,000
- Status
- ACTIVE
- MLS#
- V1-35254
- Year Built
- 1960
- Lot Size
- 6,098
- Acres
- 0.14
- Lot Location
- Sprinklers None
- Days on Market
- 139
- Property Type
- Multifamily
- Neighborhood
- Not Applicable
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.
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Additional Information
- Appliances
- Dishwasher, Free-Standing Range, Refrigerator
- Pool Description
- None
- Cooling
- Yes
- Cooling Description
- Ductless
- View
- Ocean
- Roof
- Composition
- Attached Structure
- Detached
- Gross Scheduled Income
- $210,000
- Operating Expense
- 54487
- Parking Spaces
- 4
Listing courtesy of Listing Agent: Michael Lopus (mike.lopus@colliers.com) from Listing Office: Colliers International.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.