Isla Vista, CA 93117,6523 Trigo Road

$4,275,000

$4,250,000

0.6%
Est.Price: ?

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Est. payment /mo

3 Beds

3 Baths

8,712 Sqft Lot


SOLD DATE : 10/31/2024

Key Details

Sold Price $4,275,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID V1-25298

Sold Date 10/31/24

Bedrooms 3

HOA Y/N No

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.
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 Goleta (93117)

Zoning Public Rec

Interior

Heating Natural Gas

Building

Lot Size Range 7500-10889 SF

Others

Acceptable Financing Cash, Conventional, Exchange

Space Rent $22,190

Listing Terms Cash, Conventional, Exchange

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San Diego Regional MLS (SDMLS)
Listed by Steven Golis • Radius Group Commercial RE
Bought with Outside Agent • Outside Office
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1615 Murray Canyon Rd Suite 110, Diego, California, 92108, United States

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