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6724 Pasado Road, 
Goleta, CA 93117

$2,795,000

—

Bed

—

Bath

3,435

Sq Ft

Multi-Family

Active

Listed by

Steven J Golis

Radius Group Commercial R.E.

Last updated:

April 23, 2026, 12:54 AM

MLS#

26-1309

Source:

SBAOR

About This Home

6724 Pasado Road

Capital Expenditures Exceed $163,000 In 2026 + Approved Plans for (2) ADUs! This student housing investment property features (2) 3-bedroom/2-bathroom units and (1) efficiency unit, with approved plans for 2 additional units, offering a compelling value-add opportunity alongside strong in-place performance. The property is fully leased through 2027 and offers a 5.51% cap rate for the 2026-2027 school year. The main residence benefits from significant capital improvements completed in 2026, and the property includes an oversized parking lot, a rare amenity for Isla Vista tenants. Centrally located in Isla Vista, the property sits just minutes from UC Santa Barbara, shops, and local beaches.

Home Facts

Multi-Family

Built in 1966

Price Summary

2,795,000

$813 per Sq. Ft.

MLS #:

26-1309

Last Updated:

April 23, 2026, 12:54 AM

Added:

13 day(s) ago

Rooms & Interior

Interior

Living Area:

3,435 Sq. Ft.

Structure

Structure

Year Built:

1966

Lot

Lot Size (Sq. Ft):

8,712

Finances & Disclosures

Finances

Price:

$2,795,000

Price per Sq. Ft:

$813 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of May 5, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.