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.
Active
$2,425,000
6880 Pasado Rd, Goleta, CA 93117
7beds
2,275sqft
Single Family Residence
Built in 1960
-- sqft lot
$2,328,100 Zestimate®
$1,066/sqft
$-- HOA
What's special
Palm tree-filled yardsWood floorsPitched ceilings
- 91 days |
- 627 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Steven J Golis 00772218 805-965-5500,
Radius Group Commercial R.E.,
Michael Lopus 01970736 805-680-8806,
Colliers International Greater Los Angeles, Inc.
Source: SBMLS,MLS#: 26-824
Loading...
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: 91 days
- Listing terms: Conventional,Cash,1031 Exchange
Estimated market value
$2,328,100
$2.21M - $2.44M
$5,470/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $169,960 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 93117
Nearby schools
GreatSchools rating
- 8/10Isla Vista Elementary SchoolGrades: K-6Distance: 0.3 mi
- NALearning Tree PreschoolGrades: Distance: 3.2 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.
A local agent can set up tours, give advice and negotiate with sellers.
Local buyer's agents are ready to help
- California
- Santa Barbara County
- Isla Vista
- 93117
- 6880 Pasado Rd
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Isla Vista Topics
