6880 Pasado Rd - Apartments FOR SALE
Isla Vista, CA 93117 |
$2,425,000 USD
805-680-8806
6880 Pasado Rd
Isla Vista, CA 93117
HIGHLIGHTS
- Fully leased two-unit property generating $17,500 in monthly rental income.
- Strong 6.24% cap rate with stabilized cash flow under current lease terms.
- Main home includes four bedrooms and two bathrooms; ADU offers three bedrooms and three bathrooms.
- Located in Isla Vista, a high-demand rental market near UCSB and local beaches.
- Positioned in a walkable community with access to retail, dining, and recreational amenities.
FOR SALE DETAILS
PRICE
$2,425,000 USD
PRICE/SF
$1,066 USD /SF
# OF UNITS
2
PRICE/UNIT
$1,212,500
CAP RATE
6.24%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1960
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.14 AC
LAND SF
5,942 SF
ZONING
SR-M-18
APN/PARCEL ID
075-081-014
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805-680-8806
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805-680-8806
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