6523 Trigo Road, ISLA VISTA, CA 93117
$4,275,000
Property Type:
Res Inc
Square Footage:
6,563
Lot Size (sq. ft.):
8,712
Status:
Closed
Current Price:
$4,275,000
List Date:
8/19/2024
Last Modified:
4/09/2025
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.
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.
More Information MLS# 24-2727
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: F13
Cross Street: Embarcadero del Nort
District: 30 - SB/GOL SOUTH
Street #: 6523
Street Name: Trigo
Street Suffix: Road
State: CA
Postal Code: 93117
County: Santa Barbara
Parcel Number: 075-173-032
Property Information
Year Built: 1967
Apx Lot SqFt: 8712
Main House SqFt: 6563
Recurring Fees: No
Number of Units: 8
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Miscellaneous
Parking Spaces: 14
Unit 1
# Units: 6
# Bedrooms: 2
# Baths: 2
# Half Baths: 0
Furnished: N
Rent: 22190
Monthly Total: 22190
Income/Expenses
Total Monthly Income: 39825
Gross Rent Multiplr: 13.29
Capitalization Rate: 4.67
Taxes: 44691
Total Annual Exp: 115149
NOI: 198407
Unit 2
# Units: 2
# Bedrooms: 1
# Baths: 1
Rent: 3930
Zoning
Other: 1
Reports Available
Home Inspection: 1
Pest Inspection: 1
Prelim: 1
Roof: 1
Terms
Cash: 1
Conventional: 1
Ctel: 1
Listing Type
EA: 1
Contract Info
Current Price: $4,275,000
Price: 4250000
Begin Date: 2024-08-19
Status: Closed
Status Information
Sold Date: 2024-10-31
Sold Price: $4,275,000
Under Contract Date: 2024-09-13
Property Features
Zoning: Other
Reports Available: Home Inspection; Pest Inspection; Prelim; Roof
Terms: Cash; Conventional; Ctel
Listing Type: EA
Documents
Physical Inspection Report ›
Listing Office:
Radius Group Commercial R.E.
Last Updated: April - 09 - 2025
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