Amy Abbott & Kristin Hall | Berkshire Hathaway HomeServices

6880 Pasado Road, GOLETA, CA 93117

$2,425,000
Property Type: Res Bedrooms: 7 Baths: 5 Square Footage: 2,275 Status: Active
Current Price: $2,425,000 List Date: 3/16/2026 Last Modified: 3/16/2026

Description

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.

More Information MLS# 26-824

Location Info

Country: US Cross Street: Camino Lindo District: 30 - SB/GOL SOUTH Street #: 6880 Street Name: Pasado Street Suffix: Road State: CA Postal Code: 93117 County: Santa Barbara Parcel Number: 075-081-014

Contract Info

Affordable Housing: No Current Price: $2,425,000 Price: 2425000 Begin Date: 2026-03-16 Status: Active

Property Information

Year Built: 1960 Total #Units: 2 Main House SqFt: 1340 Other Structures SqFt: 935 Source: Other/See Remarks Recurring Fees: No ADU: Yes ADU Count: 1 Within City Limits: No TYP: Home/Estate Total Bedrooms: 7 Total Bathrooms: 5 Total Full Baths: 5 Total SqFt.: 2275

Neighborhood/Schools

Elementary School: Isla Vista Junior High School: Gol Valley High School: Dos Pueblos

Owner Info

Deposit: 3

Remarks

Hot Sheet Comment: new Geo Lat: 34.411992 Geo Lon: -119.868929

Style

Bungalow: 1

Roof

Composition: 1

Other Buildings

ADU (Accessory Dwelling Unit): 1

Proximity

Near Bus: 1 Near Ocean: 1 Near Park(s): 1 Near School(s): 1 Near Shopping: 1

Laundry

Laundry Room: 1

Zoning

SR: 1

Reports Available

Home Inspection: 1 Prelim: 1

Terms

Cash: 1 Conventional: 1 Exchange: 1

ADU #1

Rent $: 6500 Type: ADU Attached: Yes Beds: 3 Baths: 3

NeighborhoodSchools

Neighborhood: Other

Property Features

Style: Bungalow Roof: Composition Other Buildings: ADU (Accessory Dwelling Unit) Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Zoning: SR Reports Available: Home Inspection; Prelim Terms: Cash; Conventional; Exchange
Listing Office: Radius Group Commercial R.E.
IDX
Last Updated: March - 16 - 2026
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