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6529 Trigo Road, ISLA VISTA, CA 93117

$4,800,000
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

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

More Information MLS# 24-3123

Location Info

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

Property Information

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

Owner Info

Deposit: 150000

Remarks

Hot Sheet Comment: new

Use

Retail/Commercial: 1 Residential: 1 Mixed Use: 1

Zoning

Other: 1

Terms

Cash: 1

Listing Type

ER: 1

Parking

Uncovrd: 1

Contingent Remarks

SUBJ 2 INSPECT: 1

Reports

Other: 1

Contract Info

Current Price: $4,800,000 Price: 5000000 Begin Date: 2024-09-18 Status: Closed

Status Change Info

Sold Date: 2024-12-19 Sold Price: $4,800,000 Under Contract Date: 2024-11-20

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
IDX
Last Updated: December - 18 - 2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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