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Sold on 05/11/2026
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  • Living
  • Kitchen
  • Bedroom
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6724 Pasado Rd, Goleta, CA 93117

$2,670,000

Last sold 05/11/2026 after 19 Days

  • 6

    bed

  • 5

    bath

  • 3,435

    Sqft ($777/Sqft)

Multi-family not for sale
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About 6724 Pasado Rd

Property type Multi-family
Neighborhood
Year built 1966
HOA fee $0/month
Lot size 8,712 Sqft
Movoto estimate
Rental estimate
Property description
Capital Expenditures Exceed $163,000 In 2026 + Approved Plans for (2) ADUs! This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with approved plans for 2 additional units, offering a compelling value-add opportunity alongside strong in-place performance. The property is fully leased through 2027 and offers a 5.51% cap rate for the 2026-2027 school year. The main residence benefits from significant capital improvements completed in 2026, and the property includes an oversized parking lot, a rare amenity for Isla Vista tenants. Centrally located in Isla Vista, the property sits just minutes from UC Santa Barbara, shops, and local beaches.
Listed by
Listing Agent - Steven J Golis
Listing Agent Contact: Sgolis@radiusgroup.com
Listing Office - Radius Group Commercial R.E.
Source: Santa Barbara AOR mls logo
MLS#26-1309 • last updated 1 month ago
Movoto checked Santa Barbara AOR for data 11 minutes ago
Overview
Levels/Style 2
MLS # 26-1309
SqFt (Living Area) 3435
Status Closed
Lot Size (Acres) 0.2
Lot Size (Sqft) 8712
Condition Excellent, Good
Year Built 1966
Interior
Laundry In Unit
Location
Area 30 - SB/GOL SOUTH
Elementary School Isla Vista
Middle School Gol Valley
High School Dos Pueblos
APN 075-092-035
Multifamily Details
Total # of Units 2
Total Rent 18600
Gross Income 223200
$2.67M
Range: $2.38M-$2.97M
Last 30 days 
Rental est.: $19,333/month
Gross rent multiplier: 11.5
  • Jul 2026
    mls logo MLS # 26-1309
  • Jul 8, 2026 Sold
    $2,670,000 (-4.5%)
  • May 11, 2026 Pending
    —
  • Apr 22, 2026 Listed
    $2,795,000 (+33.1%)
  • May 2025
    mls logo MLS # 25-1229
  • May 14, 2025 Sold
    $2,100,000
  • Apr 6, 2025 Pending
    —
  • Mar 29, 2025 Listed
    $2,150,000
  • May 2025
    Public Records
  • May 14, 2025 Sold
    $2,100,000 (-2.3%)
  • Year Property taxes Tax assessment
  • 2024
    $3,127 +7.4%
    $123,509 +4.04%
  • 2023
    $2,910 +5.1%
    $118,714
  • 2022
    $2,769 +2.2%
    $118,714 +4.04%
  • 2021
    $2,710 +1.8%
    $114,105 +1.04%
  • 2020
    $2,663 +1.3%
    $112,936
  • 2019
    $2,628 +1.4%
    $112,936 +2.0%
  • 2018
    $2,590 +3.2%
    $110,722 +2.0%
  • 2017
    $2,511 +9.7%
    $108,552 +2.0%
  • 2016
    $2,290 -2.4%
    $106,424
  • 2015
    $2,347
    —
  • 6724 Pasado Rd
    $2.67M
  • 30 - Sb/gol South
    —
  • 93117
    $1.44M -3% y/y
  • Goleta
    $1.42M -4% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

Around 30 - Sb/gol South

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