Exceptional student housing opportunity located along the mountain side of Del Playa Drive, just two-and-a-half blocks from UCSB's campus and within easy walking distance of the restaurants, shops and amenities of Isla Vista's ''Loop.'' This 100%-leased duplex is being offered at a 4.89% Cap Rate on 2024-2025 rents with significant upside potential for the 2025-2026 school year. The property consists of a two large 2BD/2BA units each with an extra room that's utilized as a third single occupancy bedroom. There's also onsite laundry and off-street parking for four cars.
Mixed-use property in the premium student housing market & college business district of Isla Vista. Located just off the ''Loop'', one block from UCSB's campus and just a few blocks away from the beach, this offering consists of two adjoining parcels that provide outstanding investment fundamentals & the very best of the coastal college lifestyle. 6528 Sabado Tarde is a fourplex (all 2 bed + 2 bath units). 6529 Trigo Road is a mixed-use property comprised of 7 units (4 residential studios & 3 ground floor commercial studios). All residential units are leased through the 24/25 school year with upside in obtaining market rents for the 25/26 school year. Additionally, 2 of the 3 commercial units are leased out at market rents. Zoning SR-H-20 6529 Trigo Rd Building Size 4,431SF Lot Size 4,792 SF APN 075-173-035 Units 4 studios & 3 commercial Parking 5 spaces Zoning C-2
The median home value in Isla Vista, CA is $1,489,400. This is higher than the county median home value of $863,600. The national median home value is $338,100. The average price of homes sold in Isla Vista, CA is $1,489,400. Approximately 0.9% of Isla Vista homes are owned, compared to 90.81% rented, while 8.29% are vacant. Isla Vista real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Isla Vista real estate agent to arrange a tour today!
Isla Vista, California has a population of 15,732. Isla Vista is more family-centric than the surrounding county with 32.4% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Isla Vista, California is $22,386. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Isla Vista is 21.1 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 18.1 inches per year, with 0 inches of snow per year.