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6657 Sueno Road

Goleta, CA 93117
  • $2,700,000
  • STATUS: Closed
  • ON SITE: 217 Days
  • MLS #: 23-3427
Sold - 04/29/2024
$2,700,000
SOLD - 04/29/2024
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,439
    SQFT
  • $785
    $/SQFT
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided courtesy of Link Brokerages,Inc..

Description

We are pleased to present this opportunity in the premium student housing market of Isla Vista, Santa Barbara. Located less than 1 mile from UCSB's main campus and the beach just around the corner, this is an outstanding investment and highly desirable rental for the college lifestyle. The property consists of three (3) units on a lot totaling 9,147 sq. ft. including ample parking, entertainer's yard and a large view deck. Two (2) out of three (3) units have upgraded kitchens. Current rent income totals $17,700/month with leases ending in June 2024. All three units have been pre-leased for the 2024-2025 school year as well and rents will total $19,450/month which results in a 5.31% cap rate.

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© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-06-19T15:47:39.053. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-06-19T15:47:39.053.
www.karinamatic.com/homes/145257756
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6657 Sueno Road Goleta, CA 93117

  • Price: $3,000,000
  • Status: Closed
  • On Site: 217 Days
  • Updated: 54 min ago
  • MLS #: 23-3427
0
Beds
0
Baths
0
½ Baths
0.21
Acres
3,439
SQFT
$785
$/SQFT
Neighborhood:
Other
County:
Santa Barbara
Area:
SB/Gol South
Elementary School:
Isla Vista
Middle School:
Gol Valley
High School:
Dos Pueblos
Property Description
We are pleased to present this opportunity in the premium student housing market of Isla Vista, Santa Barbara. Located less than 1 mile from UCSB's main campus and the beach just around the corner, this is an outstanding investment and highly desirable rental for the college lifestyle. The property consists of three (3) units on a lot totaling 9,147 sq. ft. including ample parking, entertainer's yard and a large view deck. Two (2) out of three (3) units have upgraded kitchens. Current rent income totals $17,700/month with leases ending in June 2024. All three units have been pre-leased for the 2024-2025 school year as well and rents will total $19,450/month which results in a 5.31% cap rate.
Exterior Features

Deck Yes Fenced All Yes

Interior Features

Flooring VinylTile Heating Other Laundry Features Laundry Room Unit1 Baths 2 Unit1 Bedrooms 4 Unit1 Half Baths 0 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Half Baths 0 Unit3 Baths 2 Unit3 Bedrooms 5 Unit3 Half Baths 0

Property Features

Terms Cash Yes Zoning SR

Listing information © 2024 Santa Barbara MLS
Listing provided courtesy of Link Brokerages,Inc.: (310) 695-6510.



© 2024 Santa Barbara Multiple Listing Service. All rights reserved. Based on information from the Santa Barbara MLS as of 2024-06-19T15:47:39.053. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Data last updated 2024-06-19T15:47:39.053.
 
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Berkshire Hathaway HomeServices California Properties
3868 State St.
Santa Barbara CA, 93105
Listing provided courtesy of Link Brokerages,Inc..