Back 6724 Pasado Road
Off Market

6724 Pasado Road

Isla Vista CA 93117

3435 sq. ft.
8712 sq. ft.
Other
Last sold for $2,670,000
Steven GolisSteven Golis, last sold this property on 07 July 2026 after 75 days on market.

Overview

Capital Expenditures Exceed $163,000 In 2026 + Approved Plans for (2) ADUs! This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with approved plans for 2 additional units, 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.

Features

3435 sq. ft. floor area
8712 sq. ft. lot size
Other

Estimated Value

Based on this property and similar other properties sold in Isla Vista over the last 12 months, the estimated median property value of 6724 Pasado Road is $895k.

Median value
$895k
Estimated value range
$190k - $5.4m
Median days on market
20
Estimated value trend
-35%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Isla Vista. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 6724 Pasado Road

2026
Sold
$2,670,000
07 Jul 2026 by Steven Golis, of Radius Group Commercial R.E.
2025
Sold
$2,100,000
14 May 2025 by Linda Del, of Monarch Realty

Happy sellers in Isla Vista

92%
92% of sellers in Isla Vista reported that their sale price either exceeded or met their price expectations.

Isla Vista stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Isla Vista over the last 12 months.

Local market activity for other properties in Isla Vista

In the last 12 months, 38 other properties similar to 6724 Pasado Road, have been sold.

This represents a 39% decrease in other properties sales when compared to the previous 12 months.

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