6575 Segovia Road Pending

Isla Vista,CA 93117

$ 3975000

1 Bed

0 Bath

- SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRV1-25299

Bedrooms 1

HOA Y/N No

Year Built 1964

Lot Size 0.280 Acres

Acres 0.28

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.

Location

State CA

County Santa Barbara

Area Listing

Interior

Heating Natural Gas

Cooling No Air Conditioning

Fireplace No

Exterior

View Y/N false

View None

Total Parking Spaces 12

Building

Lot Description Other

New Construction No

Others

Tax ID 075062002

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