6575 Segovia Road

Isla Vista, CA 93117

$3,975,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

Property Description

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.

Listing Information

List Price $3,975,000
Status Pending
MLS V125299
HOA $0
Type Residential Income
Year Built 1964
Lot Size 12,196
Structure Size N/A
DOM 25
Courtesy Of Radius Group Commercial RE
Listing Agent Steven Golis DRE#00772218

Interior Features

Total Bedroom
Bedrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Steven Golis, Radius Group Commercial RE . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.