Pending
6575 Segovia Road
Isla Vista CA, 93117
$3,975,000
Pending
Residential
Built in 1964
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.
V1-25299
MLSⓇ ID
August 19, 2024
Listed
October 5, 2024
Updated
Map
6575 Segovia Road
Isla Vista CA, 93117
Interior Features
Fireplace
No
Fireplace Description
None
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.28 Acres
Lot Features
Sprinklers None
Roof
Flat
Other Property Details
Area Name
ISLA - Isla Vista
Days on Market
25
Garage
No
Parking Total
12
View
No
View Description
None
County
Santa Barbara
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
---|---|---|
9/13/2024 | Pending | — |
Listed by Steven Golis, Radius Group Commercial RE, CA DRE 00772218
Listing Contact: [email protected]
Based on information from the CRISNet MLS as of 10/5/2024, 6:28 PM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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