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
Last Updated: December - 18 - 2025
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