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Multifamily For Sale • 2,200 SF
| Coastal duplex located in Isla Vista built in 1968. Perfect rental for UC Santa Barbara students. |
| Mix of two large 3-bed / 2-bath apartments with sizable front yard and large upstairs balcony. Units include forced air heating. |
| Large units average 1,100 square feet each (per City). Property has (2) tandem parking spaces to fit 4 cars. |
| Laundry room on-site with one set of washer/dryer. 1 block from Camino Del Sur Beach and south of Pasado Road. |
| Full renovations in 2014 included new roof, new gutters, full interior renovations & exterior paint. |
| Can easily stabilize to a 5.51% CAP RATE once re-rented to new students for the '26/'27 school year. |
| Cap Rate: | 4.02 % |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Goleta Amtrak (Pacific Surfliner - Amtrak) | 8 min | - | 3.2 mi |
| Airport | Drive | Walk | Distance |
| Santa Barbara Municipal | 20 min | - | 4.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 4 |
| Type: | CoveredTandem |
| Included in Rent: | Yes |
Jake Glaser
Lyon Stahl Investment Real Estate
Jake Glaser
Lyon Stahl Investment Real Estate
