Capital Expenditures Exceed $163,000 In 2026 + Approved Plans for (2) ADUs! This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with approved plans for 2 additional units, offering a compelling value-add opportunity alongside strong in-place performance. The property is fully leased through 2027 and offers a 5.51% cap rate for the 2026-2027 school year. The main residence benefits from significant capital improvements completed in 2026, and the property includes an oversized parking lot, a rare amenity for Isla Vista tenants. Centrally located in Isla Vista, the property sits just minutes from UC Santa Barbara, shops, and local beaches.
Pending
$2,795,000
6724 Pasado Rd, Goleta, CA 93117
6beds
5baths
3,435sqft
Multi Family
Built in 1966
-- sqft lot
$2,720,500 Zestimate®
$814/sqft
$-- HOA
What's special
- 56 days |
- 58 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Steven J Golis 00772218 805-965-5500,
Radius Group Commercial R.E.
Source: SBMLS,MLS#: 26-1309
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Appliances
- Laundry: In Unit
Features
- Has fireplace: No
Interior area
- Total interior livable area: 3,435 sqft
Property
Features
- Stories: 2
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 075092035
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Excellent,Good
- Year built: 1966
Community & HOA
Location
- Region: Goleta
Financial & listing details
- Price per square foot: $814/sqft
- Tax assessed value: $123,509
- Annual tax amount: $3,378
- Date on market: 4/22/2026
- Cumulative days on market: 57 days
- Listing terms: Conventional,Cash
- Total actual rent: 18600
Estimated market value
$2,720,500
$2.58M - $2.86M
$5,725/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Pending sale | $2,795,000$814/sqft |
Source:  SBMLS #26-1309 Report a problem | ||
| 4/22/2026 | Listed for sale | $2,795,000+33.1%$814/sqft |
Source: SBMLS #26-1309 Report a problem | ||
| 5/14/2025 | Sold | $2,100,000-2.3%$611/sqft |
Source: SBMLS #25-1229 Report a problem | ||
| 4/6/2025 | Pending sale | $2,150,000$626/sqft |
Source: SBMLS #25-1229 Report a problem | ||
| 3/29/2025 | Listed for sale | $2,150,000$626/sqft |
Source: SBMLS #25-1229 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,378 +8% | $123,509 +2% |
| 2024 | $3,127 +7.4% | $121,088 +2% |
| 2023 | $2,910 +5.1% | $118,714 +2% |
| 2022 | $2,769 +2.2% | $116,387 +2% |
| 2021 | $2,710 +1.8% | $114,105 +1% |
| 2020 | $2,663 +1.3% | $112,936 +2% |
| 2019 | $2,628 +1.4% | $110,722 +2% |
| 2018 | $2,590 +3.2% | $108,552 +2% |
| 2017 | $2,511 +9.7% | $106,424 +2% |
| 2016 | $2,290 -1.8% | $104,338 +1.5% |
| 2015 | $2,330 | $102,772 +2% |
| 2014 | $2,330 | $100,759 +2.5% |
| 2012 | -- | $98,339 +2% |
| 2011 | -- | $96,412 +0.8% |
| 2010 | -- | $95,692 -0.2% |
| 2009 | -- | $95,921 +2% |
| 2008 | -- | $94,041 +2% |
| 2007 | -- | $92,198 +2% |
| 2006 | -- | $90,391 +2% |
| 2005 | -- | $88,619 +3.9% |
| 2003 | -- | $85,292 +2% |
| 2002 | -- | $83,620 +2% |
| 2001 | -- | $81,981 +2% |
| 2000 | -- | $80,375 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 93117
Nearby schools
GreatSchools rating
- 8/10Isla Vista Elementary SchoolGrades: K-6Distance: 0.5 mi
- NALearning Tree PreschoolGrades: Distance: 3 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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- California
- Santa Barbara County
- Isla Vista
- 93117
- 6724 Pasado Rd
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