6529 Trigo Road, ISLA VISTA, CA 93117 (MLS# 24-3123)

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6529 Trigo Road, ISLA VISTA, CA 93117

$4,800,000

6529 Trigo & 6528 Sabado Tarde - Isla Vi

Property Type: Commercial Sale Square Footage: 7,851 Lot Size (sq. ft.): 9,582 Status: Closed

Current Price: $4,800,000 List Date: 9/18/2024 Last Modified: 12/18/2025

Overview

Description

Mixed-use property in the premium student housing market & college business district of Isla Vista. Located just off the ''Loop'', one block from UCSB's campus and just a few blocks away from the beach, this offering consists of two adjoining parcels that provide outstanding investment fundamentals & the very best of the coastal college lifestyle. 6529 Trigo Road is a mixed-use property comprised of 7 units (4 residential studios & 3 ground floor commercial studios). 6528 Sabado Tarde is a fourplex (all 2 bed + 2 bath units). All residential units are leased through the 24/25 school year with upside in obtaining market rents for the 25/26 school year. Additionally, 2 of the 3 commercial units are leased out at market rents.

Supplements: Cap Rate* 5.22% ('24/'25); 6.12% (projected '25/'26) GRM* 12.94 ('24/'25); 11.48 (projected '25/'26) Building Size 7,851 SF total Lot Size 9,582 SF total Units 11 total Parking 9 spaces total

Listing Details MLS# 24-3123

Location Info

District: 30 - SB/GOL SOUTH
Street #: 6529
Street Name: Trigo
Street Suffix: Road
State: CA
Country: US
Postal Code: 93117
Compass Map: Santa Barbara
Map Grid: F13
County: Santa Barbara
Parcel Number: 075-173-035
Cross Street: Embarcadero Del Nort

Contract Info

Price: 5000000
Begin Date: 2024-09-18

Property Information

TYP: Business
For Sale/Lease: For Sale
Stories: 2
Total SqFt.: 7851
Apx Lot SqFt: 9582
#Offices: 0

Owner Info

Deposit: 150000

Remarks

Hot Sheet Comment: new

Status Change Info

Sold Date: 2024-12-19
Under Contract Date: 2024-11-20

More Information

Use

Retail/Commercial: Yes
Residential: Yes
Mixed Use: Yes

Zoning

Other: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Parking

Uncovrd: Yes

Contingent Remarks

SUBJ 2 INSPECT: Yes

Reports

Other: Yes

Property Features

Use: Retail/Commercial; Residential; Mixed Use Zoning: Other Parking: Uncovrd Reports: Other Terms: Cash Listing Type: ER Contingent Remarks: SUBJ 2 INSPECT

Listing Office: Hayes Commercial Group

Last Updated: December - 18 - 2025

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