Log In/Sign Up
Your email has been sent.
Duplex + Efficiency Unit + 2 Possible ADUs 6724 Pasado Rd 2 Unit Apartment Building $3,795,610 CAD ($1,897,805 CAD/Unit) Goleta, CA 93117
Investment Highlights
- Efficiency unit not included in total unit count.
- Legal duplex, efficiency unit, plus plans in final stages of approval for two accessory dwelling units (ADUs).
- 11 parking spaces.
Executive Summary
Capital expenditures exceed $163,000 in 2026.
This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with 2 additional units in the final stages of approval, 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.
*Efficiency unit not included in total unit count.
This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with 2 additional units in the final stages of approval, 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.
*Efficiency unit not included in total unit count.
Property Facts
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 075-092-035 | Improvements Assessment | $133,217 CAD |
| Land Assessment | $35,022 CAD | Total Assessment | $168,239 CAD |
Property Taxes
Parcel Number
075-092-035
Land Assessment
$35,022 CAD
Improvements Assessment
$133,217 CAD
Total Assessment
$168,239 CAD
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Duplex + Efficiency Unit + 2 Possible ADUs | 6724 Pasado Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.