6724 Pasado Road, Goleta, CA 93117

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
6724 Pasado Road,Goleta, CA 93117
$2,795,000
  • - Beds
  • - Baths
  • 3,435 sq. ft.
  • Multi-family
  • Active
Listed by: steven j golis
Office: radius group commercial r.e.
MLS#:26-1309
Source:SBAOR

Price summary

  • Price:$2,795,000
  • Price per sq. ft.:$813.68

About this home

Capital Expenditures Exceed $163,000 In 2026 + Approved Plans for (2) ADUs! This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with approved plans for 2 additional units, offering a compelling value-add opportunity alongside strong in-place performance. The property is fully leased through 2027 and offers a 5.51% cap rate for the 2026-2027 school year. The main residence benefits from significant capital improvements completed in 2026, and the property includes an oversized parking lot, a rare amenity for Isla Vista tenants. Centrally located in Isla Vista, the property sits just minutes from UC Santa Barbara, shops, and local beaches.

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Home facts

  • Year built:1966
  • Listing ID #:26-1309
  • Added:1 day(s) ago
  • Updated:April 23, 2026 at 12:54 AM

Rooms and interior

  • Living area:3,435 sq. ft.

Structure and exterior

  • Year built:1966
  • Building area:3,435 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Dos Pueblos
  • Middle school:Gol Valley
  • Elementary school:Isla Vista

Finances and disclosures

  • Price:$2,795,000
  • Price per sq. ft.:$813.68

Features and amenities

  • Laundry features:In Unit
Based on information from the Santa Barbara MLS as of April 23, 2026 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.