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6880 Pasado Road, GOLETA, CA 93117

$2,425,000
Property Type: Res Bedrooms: 7 Baths: 5 Square Footage: 2,275 Status: Active
Current Price: $2,425,000 List Date: 3/16/2026 Last Modified: 5/29/2026

Overview

Description

This student housing investment property features a 4-bedroom, 2-bathroom home and a brand-new detached 3-bedroom, 3-bathroom ADU, offering an attractive unit mix and strong rental performance. The property is fully leased through 2027 and projects a 6.24 cap rate for the 2026-2027 school year. The main residence features wood floors and pitched ceilings, while palm tree-filled yards create a relaxed coastal setting for tenants. Located on the outskirts of Isla Vista, the property offers added privacy while remaining just minutes from UC Santa Barbara, shops, and local beaches.

Listing Details MLS# 26-824

Location Info

District
30 - SB/GOL SOUTH
Street #
6880
Street Name
Pasado
Street Suffix
Road
State
CA
Country
US
Postal Code
93117
County
Santa Barbara
Parcel Number
075-081-014
Cross Street
Camino Lindo

Contract Info

Price
2425000
Affordable Housing
No
Begin Date
2026-03-16

Property Information

TYP
Home/Estate
Total Bedrooms
7
Total Bathrooms
5
Total Full Baths
5
Year Built
1960
Total SqFt.
2275
Source
Other/See Remarks
Main House SqFt
1340
Other Structures SqFt
935
ADU
Yes
ADU Count
Yes
Within City Limits Y/N
No
Total # Units in Development
2
Recurring Fees
No

NeighborhoodSchools

Neighborhood
Other

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

ADU #1

Rent $
6500
Type
ADU
Attached
Yes
Beds
3

Neighborhood/Schools

Elementary School
Isla Vista
Junior High School
Gol Valley
High School
Dos Pueblos

Style

Bungalow
Yes

Roof

Composition
Yes

Other Buildings

ADU (Accessory Dwelling Unit)
Yes

Proximity

Near Bus
Yes
Near Ocean
Yes
Near Park(s)
Yes
Near School(s)
Yes
Near Shopping
Yes

Laundry

Laundry Room
Yes

Zoning

SR
Yes

Reports Available

Home Inspection
Yes
Prelim
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes

Property Features

Style: Bungalow Roof: Composition Other Buildings: ADU (Accessory Dwelling Unit) Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Zoning: SR Reports Available: Home Inspection; Prelim Terms: Cash; Conventional; Exchange
IDX
Listing Office: Radius Group Commercial R.E.
Last Updated: May - 29 - 2026
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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