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
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