Located in the heart of Isla Vista's vibrant rental market, 6880 Pasado Road offers investors a well-positioned duplex with strong income stability, consistent tenant demand, and outstanding long-term potential. Just blocks from UCSB and the beaches of Isla Vista, this property presents an appealing blend of lifestyle desirability and reliable… Read More returns. Main house is 4BD/2BA plus a 3BD/3BA ADU. Tenants pay all utilities. Projected 6.24% CAP and 11.55 GRM. Excellent long-term investment in one of California's most resilient student-housing markets. Read Less
Property listed by Colliers International, Michael Lopus 310-259-7556
Listing Snapshot
Days Online
96
Last Updated
Lot Size
0.14 Acres
Year Built
1960
MLS Number
V1-35254
Additional Details
Cooling
Ductless
Expenses
Operating: $54,487
Fence
Wood
Fireplaces
None
Home Owner's Association
Association Fee: $0
Appliances & Equipment
Dishwasher, FreeStandingRange, Refrigerator
Building
Built in 1960, 2 buildings
Community
Biking
Income
Gross Income: $210,000, Gross ScheduledIncome: $210,000, Net Operating Income: $151,313
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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