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$ 4,275,000
$ 4,250,000 0.6%
Est. payment | /mo
8,712 Sqft Lot
$ 4,275,000
$ 4,250,000 0.6%
Est. payment | /mo
8,712 Sqft Lot
Key Details
Sold Price $4,275,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-25298
Year Built 1967
Lot Size 8,712 Sqft
Property Description
Introducing 6523 Trigo Rd, a prime investment opportunity nestled in the lively and sought-after community of Isla Vista. This multifamily property, built in 1967, is strategically located to serve the housing needs of UCSB and SBCC students, making it a highly attractive asset for investors. One of the standout features of this property is the shared balcony space on the top floor, facing the front of the house, which enhances the living experience for tenants, offering a communal area to relax and socialize. Parking is well accommodated with six covered spaces and a total of 14 parking spots, generating substantial extra income. Located in the heart of Isla Vista, 6523 Trigo Rd is perfectly positioned to provide easy access to campus facilities and local amenities, making it a preferred choice for student housing. With its robust rental income, prime location, and significant upside potential, this property is an excellent addition to any investment portfolio. Take hold of this opportunity to invest in a prime multifamily property in Isla Vista, designed for student living and poised for substantial returns.
Location
State CA
County Santa Barbara
Area Isla - Isla Vista
Interior
Heating Natural Gas
Cooling None
Fireplaces Type None
Exterior
Fence None
Pool None
Community Features Suburban
View Y/N No
View None
Roof Type Shingle
Building
Lot Description Sprinklers None
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Steven Golis • Radius Group Commercial RE • sgolis@radiusgroup.com
Bought with Outside Agent • Outside Office
Bought with Outside Agent • Outside Office