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$3,975,000

Beds
Unknown
sq ft
Unknown

6575 Segovia Rd, Goleta, CA 93117

6575 Segovia Rd

Isla Vista, CA 93117

  • 127 days on market
6675 Segovia Rd is an outstanding investment opportunity in the vibrant and dynamic community of Isla Vista. This multifamily property, built in 1964, is perfectly positioned within Isla Vista, offering huge upside potential for investors seeking to capitalize on the strong demand for student housing from UCSB and SBCC students.The building consists of 12 units, all featuring 1-bedroom and 1-bathroom layouts. Parking facilities include 12 enclosed parking spaces, generating $5,760 in annual parking income, adding further value to this investment. Each unit is designed to provide comfortable and efficient living spaces, ensuring high occupancy rates and low maintenance for property management.Located in the heart of Isla Vista, this property is ideally situated to meet the housing needs of UCSB and SBCC students, offering convenient access to campus facilities and local amenities. With its robust rental income, strategic location, and significant growth potential, 6675 Segovia Rd is an excellent addition to any investment portfolio.Seize this opportunity to invest in one of Isla Vista's prime multifamily properties, designed for student living and positioned for substantial returns. Please contact to schedule a tour.

Details

Property type

Lot size

0.28 acres

Price per sq ft

Unknown

Year built

1964

Price History

12/05/2024
CRMLS

CRMLS #V1-25299

Listed
$3,975,000
09/13/2024
CRMLS

CRMLS #V1-25299

Pending
$3,975,000
08/20/2024
CRMLS

CRMLS #V1-25299

Listed
$3,975,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

Status: Active

Tomo last checked: 12/24/2024 at 11:55 PM

Listing updated: 12/04/2024 at 5:55 PM

Listed by: Steven Golis, Radius Group Commercial RE Phone #: (805) 965-5500

MLS: CRMLS #V1-25299

CRMLS logo

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Disclaimers

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-24 12:16 PST and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.