6575 Segovia Road
Isla Vista, CA 93117
- – beds
- – baths
- – sqft
- 12,196 sqft lot
- 1964 build
- – on site
6675 Segovia Rd is an outstanding investment opportunity in the vibrant and dynamic community of Isla Vista. This multifamily property, built in 1964, is perfectly positioned within Isla Vista, offering huge upside potential for investors seeking to capitalize on the strong demand for student housing from UCSB and SBCC students.The building consists of 12 units, all featuring 1-bedroom and 1-bathroom layouts. Parking facilities include 12 enclosed parking spaces, generating $5,760 in annual parking income, adding further value to this investment. Each unit is designed to provide comfortable and efficient living spaces, ensuring high occupancy rates and low maintenance for property management.Located in the heart of Isla Vista, this property is ideally situated to meet the housing needs of UCSB and SBCC students, offering convenient access to campus facilities and local amenities. With its robust rental income, strategic location, and significant growth potential, 6675 Segovia Rd is an excellent addition to any investment portfolio.Seize this opportunity to invest in one of Isla Vista's prime multifamily properties, designed for student living and positioned for substantial returns. Please contact to schedule a tour.
Listed By CRMLS_CA / Steven Golis / Radius Group Commercial RE / sgolis@radiusgroup.com
Last checked:
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Last updated Sep 13, 2024
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MLS# V1-25299 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1964
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Year Built Source:Public Records
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Roof:Flat
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Common Walls:No Common Walls
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# of Buildings:1
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# of Separate Gas Meters:12
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# of Separate Water Meters:1
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# of Separate Electric Meters:12
Interior
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Fireplace:No
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Fireplace:None
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Laundry:1
Location
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Directions:N/A
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Latitude:34.41422900
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Longitude:-119.85770900
The Property
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Property Type:Residential Income
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Lot Features:Sprinklers None
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Lot Size Area:12196.0000
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Lot Size Acres:0.2800
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Lot Size SqFt:12196.00
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View:None
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Fencing:None
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Fence:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:075062002
Heating & Cooling
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Heating:1
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Heating:Natural Gas
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Cooling:No
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Cooling:None
Appliances
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Included:Yes
The Community
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Subdivision:Not Applicable
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Subdivision:Not Applicable
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Senior Community:No
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Features:Suburban
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Pool:None
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking Spaces:12.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/13/24
Sep 13, 2024
|
Pending | CRMLS_CA | $3,975,000 | |
8/19/24
Aug 19, 2024
|
Listed / Active | CRMLS_CA | $3,975,000 |