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6575 Segovia Road, Isla Vista, CA 93117
Priced at Only: $3,975,000
For more Information Call
Mobile: 714.478.6676
Address: 6575 Segovia Road, Isla Vista, CA 93117
Property Photos
Property Location and Similar Properties
- MLS#: V1-25299 ( )
- Street Address: 6575 Segovia Road
- Viewed: 1
- Price: $3,975,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1964
- Bldg sqft: 0
- Days On Market: 128
- Additional Information
- County: SANTA BARBARA
- City: Isla Vista
- Zipcode: 93117
- Subdivision: Not Applicable
- Provided by: Radius Group Commercial RE
- Contact: Steven Steven
- DMCA Notice
-
Description6675 Segovia Rd is an outstanding investment opportunity in the vibrant and dynamic community of Isla Vista. This multifamily property, built in 1964, is perfectly positioned within Isla Vista, offering huge upside potential for investors seeking to capitalize on the strong demand for student housing from UCSB and SBCC students.The building consists of 12 units, all featuring 1 bedroom and 1 bathroom layouts. Parking facilities include 12 enclosed parking spaces, generating $5,760 in annual parking income, adding further value to this investment. Each unit is designed to provide comfortable and efficient living spaces, ensuring high occupancy rates and low maintenance for property management.Located in the heart of Isla Vista, this property is ideally situated to meet the housing needs of UCSB and SBCC students, offering convenient access to campus facilities and local amenities. With its robust rental income, strategic location, and significant growth potential, 6675 Segovia Rd is an excellent addition to any investment portfolio.Seize this opportunity to invest in one of Isla Vista's prime multifamily properties, designed for student living and positioned for substantial returns. Please contact to schedule a tour.
Features
Assessments
- None
Association Fee
- 0.00
Common Walls
- No Common Walls
Cooling
- None
Country
- US
Days On Market
- 40
Fencing
- None
Fireplace Features
- None
Fuel Expense
- 2795.00
Garage Spaces
- 0.00
Heating
- Natural Gas
Insurance Expense
- 6509.00
Lockboxtype
- None
Lot Features
- Sprinklers None
Netoperatingincome
- 167683.00
Number Of Separate Electric Meters
- 12
Number Of Separate Gas Meters
- 12
Parcel Number
- 075062002
Pool Features
- None
Roof
- Flat
Sourcesystemid
- 2024081923431840072300...
Sourcesystemkey
- 20240819234318400723000000:CRF
Spa Features
- None
Subdivision Name Other
- Not Applicable
Tenant Pays
- Electricity
- Gas
Totalexpenses
- 108348.00
Trash Expense
- 6444.00
View
- None
Year Built
- 1964
Year Built Source
- Public Records
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com