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Multifamily For Sale • 2,200 SF
| Coastal duplex located in Isla Vista built in 1960. Perfect rental for UC Santa Barbara students. |
| Mix of (1) 2-bed / 1-bath and (1) 4-bed / 2-bath. 4-bed / 2-bath unit consists of legal 2-bed / 1-bath plus (2) bonus bedrooms and (1) bonus bathroom. |
| Legal SF of 1,800 SF, converted garage space adds additional livable SF totaling 2,200 SF. Parking can accommodate 5 vehicles. |
| Huge rooftop deck for upstairs unit tenants. Full renovations in 2014 included new roof, new gutters, full interior renovations & exterior paint. |
| Can easily stabilize to a 5.7% CAP RATE once re-rented to new students for the '26/'27 school year. |
| Incredible rare opportunity for investors to own a high demand student rental at a top university. 1 block from Camino Del Sur Beach. |
| Cap Rate: | 4.11 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Goleta Amtrak (Pacific Surfliner - Amtrak) | 7 min | - | 3.0 mi |
| Airport | Drive | Walk | Distance |
| Santa Barbara Municipal | 19 min | - | 4.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 5 |
| Type: | Surface |
| Included in Rent: | Yes |
Jake Glaser
Lyon Stahl Investment Real Estate
Jake Glaser
Lyon Stahl Investment Real Estate
