6880 Pasado Road, Goleta, CA 93117
- $2,275,000
- 7
- BD
- 5
- BA
- 1,340
- SqFt
- Sold Price
- $2,275,000
- List Price
- $2,425,000
- Status
- CLOSED
- MLS#
- 26-824
- Closing Date
- Sep 09, 2026
- Property Type
- Home/Estate
- Bedrooms
- 7
- Bathrooms
- 5
- Living Area
- 1,340
- Region
- SB/GOL SOUTH
- Year Built
- 1960
Property Description
This student housing investment property features a 4-bedroom, 2-bathroom home and a brand-new detached 3-bedroom, 3-bathroom ADU, offering an attractive unit mix and strong rental performance. The property is fully leased through 2027 and projects a 6.24 cap rate for the 2026-2027 school year. The main residence features wood floors and pitched ceilings, while palm tree-filled yards create a relaxed coastal setting for tenants. Located on the outskirts of Isla Vista, the property offers added privacy while remaining just minutes from UC Santa Barbara, shops, and local beaches.
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Additional Information
- Elementary School
- Isla Vista
- Middle School
- Gol Valley
- High School
- Dos Pueblos
- Laundry
- Laundry Room
- Living Area
- 1,340
- Neighborhood
- Other
- Region
- SB/GOL SOUTH
- Roof
- Composition
- Terms
- Cash, Conventional, 1031 Exchange
- Zoning
- SR
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Listing courtesy of Radius Group Commercial R.E.. Selling Office: .