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.
Closed
$2,700,000
6657 Sueno Rd #101, Goleta, CA 93117
11beds
5baths
3,439sqft
Multi Family
Built in ----
-- sqft lot
$3,161,600 Zestimate®
$785/sqft
$5,043 Estimated rent
Home value
$3,161,600
$2.78M - $3.60M
$5,043/mo
Zestimate® history
Owner options
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$5,043/mo
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$5,043/mo
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$16,970/mo
Est. payment
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$16,970/mo
Est. payment
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List your homeWhat's special
Ample parkingLarge view deckUpgraded kitchens
Zillow last checked:
Listing updated:
Listed by:
Amine Chebouli,
Link Brokerages,Inc.,
Robert Hambleton 01858350 805-455-4003,
Radius Group Commercial R.E.
Bought with:
Brian R Bailey, 00680927
Central Coast Investments
Source: SBMLS,MLS#: 23-3427
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- Other
Appliances
- Laundry: Laundry Room
Features
- Flooring: Vinyl, Tile
- Has fireplace: No
Interior area
- Total interior livable area: 3,439 sqft
Property
Parking
- Total spaces: 9
- Parking features: Open
Lot
- Size: 9,147 Square Feet
Details
- Parcel number: 075102004
- Zoning: SR
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Community
- Subdivision: Other
Location
- Region: Goleta
Financial & listing details
- Price per square foot: $785/sqft
- Tax assessed value: $2,754,000
- Annual tax amount: $30,907
- Date on market: 11/14/2023
- Cumulative days on market: 109 days
- Listing terms: Cash,Ctnl
- Total actual rent: 17700
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $2,700,000-10%$785/sqft |
Source:  SBMLS #23-3427 Report a problem | ||
| 3/6/2024 | Pending sale | $3,000,000$872/sqft |
Source: SBMLS #23-3427 Report a problem | ||
| 11/14/2023 | Listed for sale | $3,000,000$872/sqft |
Source: SBMLS #23-3427 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $30,907 +61% | $2,754,000 +66.4% |
| 2024 | $19,201 +2.6% | $1,654,790 +2% |
| 2023 | $18,722 +2.2% | $1,622,344 +2% |
| 2022 | $18,310 +5.1% | $1,590,534 +7.4% |
| 2021 | $17,426 +4.2% | $1,480,916 +1% |
| 2020 | $16,721 +1.8% | $1,465,732 +2% |
| 2019 | $16,422 +1.9% | $1,436,993 +2% |
| 2018 | $16,120 +1.9% | $1,408,818 +2% |
| 2017 | $15,817 +4% | $1,381,195 +2% |
| 2016 | $15,209 +2.1% | $1,354,114 +1.5% |
| 2015 | $14,901 | $1,333,775 +2% |
| 2014 | $14,901 | $1,307,649 +2.5% |
| 2012 | -- | $1,276,216 +2% |
| 2011 | -- | $1,251,194 +0.8% |
| 2010 | -- | $1,241,844 -0.2% |
| 2009 | -- | $1,244,795 +2% |
| 2008 | -- | $1,220,388 +2% |
| 2007 | -- | $1,196,460 +2% |
| 2006 | -- | $1,173,000 +61.6% |
| 2005 | -- | $725,978 +3.9% |
| 2003 | -- | $698,700 +2% |
| 2002 | -- | $685,000 +90.9% |
| 2001 | -- | $358,831 +2% |
| 2000 | -- | $351,796 |
Find assessor info on the county website
Neighborhood: 93117
Nearby homes
- $2,822,300-- bd-- ba-- sqft6657 Sueno Rd APT C, Isla Vista, CA 93117Off Market
- $2,822,300-- bd-- ba-- sqft6657 Sueno Rd APT D, Isla Vista, CA 93117Off Market
- $--3 bd2 ba-- sqft6657 Sueno Rd APT A, Isla Vista, CA 93117Off Market
- $--2 bd1 ba-- sqft6657 Sueno Rd APT B, Isla Vista, CA 93117Off Market
- $2,034,5003 bd2 ba2.8k sqft6651 Sueno Rd, Goleta, CA 93117Off Market
- $1,059,7003 bd2 ba-- sqft6651 Sueno Rd #A, Goleta, CA 93117Off Market
- $980,900-- bd-- ba-- sqft6651 Sueno Rd #A2, Goleta, CA 93117Off Market
- $1,059,7003 bd2 ba-- sqft6651 Sueno Rd #B, Goleta, CA 93117Off Market
Nearby schools
GreatSchools rating
- 8/10Isla Vista Elementary SchoolGrades: K-6Distance: 0.6 mi
- NALearning Tree PreschoolGrades: Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Isla Vista
- Middle: Gol Valley
- High: Dos Pueblos
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$3,161,600
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+$63,232
With Zillow Showcase(estimated)
$3,224,832
- California
- Santa Barbara County
- Isla Vista
- 93117
- 6657 Sueno Rd Unit 101
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