For Sale

Listed by Steven Golis and Michael Lopus from Radius Group Commercial R.E.

Source: Santa Barbara Multiple Listing Service #26-824

6880 Pasado Road, Isla Vista, CA, 93117

$2,425,000

7
5
2275 sq. ft.

SingleFam

30+ days on the market

What's around 6880 Pasado Road

About this property

This student housing investment property features a 4-bedroom, 2-bathroom home and a brand-new detached 3-bedroom, 3-bathroom ADU, offering an attractive unit mix and strong rental performance. The property is fully leased through 2027 and projects a 6.24 cap rate for the 2026-2027 school year. The main residence features wood floors and pitched ceilings, while palm tree-filled yards create a relaxed coastal setting for tenants. Located on the outskirts of Isla Vista, the property offers added privacy while remaining just minutes from UC Santa Barbara, shops, and local beaches.

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