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Lenore Wilkas

lenore.wilkas@engelvoelkers.com +1(760) 407-2100

$ 4,250,000

Est. payment -/mo

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Pending

6523 Trigo RD Isla Vista, CA 93117

8,712 Sqft Lot

UPDATED:

09/30/2024 06:16 PM

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID V1-25298

HOA Y/N No

Year Built 1967

Lot Size 8,712 Sqft

Acres 0.2

Property Description

Introducing 6523 Trigo Rd, a prime investment opportunity nestled in the lively and sought-after community of Isla Vista. This multifamily property, built in 1967, is strategically located to serve the housing needs of UCSB and SBCC students, making it a highly attractive asset for investors. One of the standout features of this property is the shared balcony space on the top floor, facing the front of the house, which enhances the living experience for tenants, offering a communal area to relax and socialize. Parking is well accommodated with six covered spaces and a total of 14 parking spots, generating substantial extra income. Located in the heart of Isla Vista, 6523 Trigo Rd is perfectly positioned to provide easy access to campus facilities and local amenities, making it a preferred choice for student housing. With its robust rental income, prime location, and significant upside potential, this property is an excellent addition to any investment portfolio. Take hold of this opportunity to invest in a prime multifamily property in Isla Vista, designed for student living and poised for substantial returns.

Location

State CA

County Santa Barbara

Area Isla - Isla Vista

Interior

Heating Natural Gas

Cooling None

Fireplaces Type None

Fireplace No

Exterior

Fence None

Pool None

Community Features Suburban

View Y/N No

View None

Roof Type Shingle

Total Parking Spaces 14

Private Pool No

Building

Lot Description Sprinklers None

Others

Senior Community No

Tax ID 075173032

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Steven Golis • Radius Group Commercial RE • sgolis@radiusgroup.com

The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

+1(760) 407-2100

Lenore Wilkas

6523 Trigo RD Isla Vista, CA 93117

Key Details

Location

Interior

Exterior

Building

Others

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6523 Trigo RD