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6880 Pasado Rd
Isla Vista, CA 93117 Isla Vista

$2,425,000 USD

Apartments For Sale • 2,275 SF

Property Details

Property Type Apartments
Total Building Size 2,275 SF
Lot Size 0.14 AC
Building Class C
Year Built 1960
Zoning SR-M-18

0 Transit Score

37 Walk Score

                
                    Highlights
                
                                Fully leased two-unit property generating $17,500 in monthly rental income.
                            
                                Strong 6.24% cap rate with stabilized cash flow under current lease terms.
                            
                                Main home includes four bedrooms and two bathrooms; ADU offers three bedrooms and three bathrooms.
                            
                                Located in Isla Vista, a high-demand rental market near UCSB and local beaches.
                            
                                Positioned in a walkable community with access to retail, dining, and recreational amenities.