Pending

$2,425,000

6880 Pasado Rd, Goleta, CA 93117

7beds

2,275sqft

$14,830/mo

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Single Family Residence

Built in 1960

-- sqft lot

$2,276,800 Zestimate^®

$1,066/sqft

$-- HOA

What's special

Palm tree-filled yardsWood floorsPitched ceilings

This student housing investment property features a 4-bedroom, 2-bathroom home and a brand-new detached 3-bedroom, 3-bathroom ADU, offering an attractive unit mix and strong rental performance. The property is fully leased through 2027 and projects a 6.24 cap rate for the 2026-2027 school year. The main residence features wood floors and pitched ceilings, while palm tree-filled yards create a relaxed coastal setting for tenants. Located on the outskirts of Isla Vista, the property offers added privacy while remaining just minutes from UC Santa Barbara, shops, and local beaches.

119 days

334

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 5

Appliances

Laundry: Laundry Room

Features

Has fireplace: No

Interior area

Total structure area: 2,275
Total interior livable area: 2,275 sqft

Property

Lot

Features: Near Public Transit

Details

Additional structures: ADU (Accessory Dwelling Unit)
Parcel number: 075081014
Zoning: SR

Construction

Type & style

Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence

Materials

Roof: Composition

Condition

Year built: 1960

Community & HOA

Community

Subdivision: Other

Location

Region: Goleta

Financial & listing details

Price per square foot: $1,066/sqft
Tax assessed value: $1,138,804
Annual tax amount: $12,979
Date on market: 3/16/2026
Cumulative days on market: 120 days
Listing terms: Conventional,Cash,1031 Exchange

Estimated market value

$2,276,800

$2.16M - $2.39M

$3,964/mo

Price history

Date	Event	Price
7/22/2026	Pending sale	$2,425,000$1,066/sqft
Source: SBMLS #26-824 Report a problem
3/12/2026	Listed for sale	$2,425,000$1,066/sqft
Source: SBMLS #26-783 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,979 +2.6%	$1,138,804 +2%
2024	$12,648 +2.3%	$1,116,475 +2%
2023	$12,358 +2.1%	$1,094,584 +2%
2022	$12,101 +1.8%	$1,073,122 +2%
2021	$11,892 +2.7%	$1,052,082 +1%
2020	$11,580 +1.8%	$1,041,296 +2%
2019	$11,370 +1.9%	$1,020,879 +2%
2018	$11,158 +1.9%	$1,000,863 +2%
2017	$10,955 +3.5%	$981,240 +2%
2016	$10,584 +2.3%	$962,001 +1.5%
2015	$10,351	$947,551 +2%
2014	$10,351	$928,990 +2.5%
2012	--	$906,661 +2%
2011	--	$888,885 +0.8%
2010	--	$882,243 -0.2%
2009	--	$884,340 +2%
2008	--	$867,000 +2%
2007	--	$850,000 +344.7%
2006	--	$191,145 +2%
2005	--	$187,398 +3.9%
2003	--	$180,359 +2%
2002	--	$176,824 +2%
2001	--	$173,358 +2%
2000	--	$169,960

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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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