$4,300,000

6597 Trigo Rd Isla Vista, CA 93117

Estimated payment $28,300/month

Total Views 3,676
1 Bed
1 Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Park
  • Laundry Room
  • Fenced
  • Isla Vista Elementary School Rated A
  • Bike Trail
  • 2-minute walk to Trigo-Pasado Park

About This Home

Fully leased for 25/26 school year! Wonderfully maintained student housing asset in the heart of Isla Vista, and blocks from the University of California, Santa Barbara, consisting of ten 1 bedroom apartments. Units feature laminate flooring, new windows and updated kitchen cabinetry, backsplash and countertops. Downstairs units have large enclosed patios while upstairs units offer wood beamed ceilings. Exterior of building has recently received fresh paint and landscaping. Tenants enjoy the convenience of a private 10 space parking lot and on-site coin operated laundry. This asset is just a small walk to the beach and Isla Vista's eateries while being only a block away from UCSB's campus. This is the perfect opportunity to add student housing to your investment portfolio!

Listing Agent

Steve Golis

Radius Group Commercial RE Brokerage Email: sgolis@radiusgroup.com License #00772218

Radius Group Commercial RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 10,018 Sq Ft Lot
  • No Common Walls
  • Fenced
  • No Sprinklers

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 10 Parking Spaces
  • Parking Available
  • Off-Street Parking
  • Parking Permit Required

Additional Features

  • Laundry Room
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 075211001

Community Details

Recreation

  • Park
  • Bike Trail

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $2,000
  • Insurance Expense $11,500
  • Trash Expense $5,500
  • Water Sewer Expense $6,150
  • Operating Expense $114,196
  • Gross Income $348,960
  • Net Operating Income $227,784

Additional Features

  • Santa Barbara: Other 0080 Subdivision
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Santa Barbara: Other - 0080
  • View: No
  • Water Sewer Expenses: 6150.00
  • Property Type: Residential Income
  • Parcel Number: 075211001
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Permit Required
  • Total Parking Spaces: 10.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 5500.00

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Park, Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 10018.00
  • Lot Size Acres: 0.2300

Multi Family

  • Fuel Expense: 2000.00
  • Gross Income: 348960.00
  • Gross Scheduled Income: 348960.00
  • Insurance Expense: 11500.00
  • Lot Size Area: 10018.0000 Square Feet
  • Net Operating Income: 227784.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Operating Expense: 114196.00
  • Rent Control: Yes
  • Total Expenses: 114196.00

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $4,300,000 0.0% --
03/19/2025 03/19/25 For Sale $4,300,000 +55.0% $858 / Sq Ft
08/24/2018 08/24/18 Sold $2,775,000 -7.5% --
06/19/2018 06/19/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $3,000,000 -- --
Source: Ventura County Regional Data Share

Source: Ventura County Regional Data Share

MLS Number: V1-28875

Ventura County Regional Data Share