John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

6880 Pasado RoadGoleta, CA 93117

Multi-Family · 1,340 Sq. ft. | 0.14 Acres
$2,425,000 Active

6880 Pasado Road Overview

Time on Site:
103 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

6880 Pasado Road Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,340
  • Price/Sq.ft. $1,810
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Gross Income: 210000.0
  • Gross Scheduled Income: 210000.0
  • Net Operating Income: 151313.0
  • Operating Expense: 54487.0

Building Information

  • Year Built: 1960

Location/Region

  • Country: US
  • County Or Parish: Santa Barbara
  • MLS Area Major: GLTA - Goleta
  • Postal City: GOLETA
  • Subdivision Name: Not Applicable

Community/Development

  • Community Features: Biking

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 075081014
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1340.0

General Information

  • Appliances: Dishwasher,Free-Standing Range,Refrigerator
  • Common Walls: No Common Walls
  • Fireplace Features: None
  • Fireplace: No
  • Heating: Yes
  • Spa Features: None
  • Spa: No

Exterior

Parking Information

  • Parking Features: Driveway Level
  • Parking Total: 4.0

Lot Information

  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.14
  • Lot Size Area: 6098.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6098.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 0
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Waterfront/View

    Building Exterior/Construction

    • Property Attached: No
    • Roof: Composition

    General Information

    • Fencing: Wood
    • Pool Features: None
    • Pool Private: No
    • Utilities: Electricity Connected,Sewer Connected,Water Connected

    6880 Pasado Road Neighborhood

    Community

    93117 (GOLETA) Demographics

    22
    Median Age
    345
    Population Density (per sq. mile)
    59%
    College Educated
    $70,878
    Estimated Median Income
    6,294
    Estimated Total Home Owners
    10,274
    Estimated Total Renters
    38% / 62%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    6880 Pasado Road Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    6880 Pasado Road Market Data

    Based on the last 30 days in this zip code

    $1,705,546
    Average List Price
    $1,001
    Average Price per Square Foot
    4
    Properties Sold
    69
    Average Days on Market
    83
    Properties for Sale
    Calculations provided by Reliance Network
    Listing provided courtesy of Colliers InternationalMichael Lopus- MLS# V1-35254MLS ProviderContact Information: (213) 532-3298
    Cookie Button: