Sold
Last Sold Price
11 beds3,439 sqft
6657 Sueno Rd, Goleta, CA 93117
Multi FamilyProperty Type
0.21 acresLot Size
$785/sq ftPrice per sq ft
9 carsParking Spaces

Description

We are pleased to present this opportunity in the premium student housing market of Isla Vista, Santa Barbara. Located less than 1 mile from UCSB's main campus and the beach just around the corner, this is an outstanding investment and highly desirable rental for the college lifestyle. The property consists of three (3) units on a lot totaling 9,147 sq. ft. including ample parking, entertainer's yard and a large view deck. Two (2) out of three (3) units have upgraded kitchens. Current rent income...We are pleased to present this opportunity in the premium student housing market of Isla Vista, Santa Barbara. Located less than 1 mile from UCSB's main campus and the beach just around the corner, this is an outstanding investment and highly desirable rental for the college lifestyle. The property consists of three (3) units on a lot totaling 9,147 sq. ft. including ample parking, entertainer's yard and a large view deck. Two (2) out of three (3) units have upgraded kitchens. Current rent income totals $17,700/month with leases ending in June 2024. All three units have been pre-leased for the 2024-2025 school year as well and rents will total $19,450/month which results in a 5.31% cap rate.
  • Listed by: Amine Chebouli 949.310.1274 amine@linkbrokerages.com DRE #02224613 • Link Brokerages,Inc.
  • Listed by: Robert Hambleton 805.455.4003 rhambleton@radiusgroup.com DRE #01858350 • Radius Group Commercial R.E.
Listing closed: 04/28/2024 05:00 PM • Source: Santa Barbara AOR, MLS#: 23-3427

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Location

Listing Courtesy of Link Brokerages,Inc., Amine Chebouli, DRE #02224613; Radius Group Commercial R.E., Robert Hambleton, DRE #01858350

Sold By Central Coast Investments, Brian R Bailey, DRE #00680927

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Payment Calculator

$15,866 per month

30 year fixed, 7.03% Interest

Principal and Interest

$14,414

Property Taxes

$1,452

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6657 Sueno Road

Property Details
  • MLS Type: Residential Income / Multi-Family
  • MLS Neighborhood: Other
  • Zoning: SR
  • Zoning:SR: Yes
  • Location Info:Cross Street: Camino Del Sur
  • Property Information:Recurring Fees: No
Building Information
  • Residences: 3
  • Lot Size: 0.21 AC / 9,147 SF
Details
Features
  • District: 30 - SB/GOL SOUTH
  • District: 30 - SB/GOL SOUTH
  • Amenities:Deck: Yes
  • Amenities:Fncd All: Yes
  • FlrWdw Coverings:Tile: Yes
  • FlrWdw Coverings:Vinyl: Yes
  • Laundry Features: Laundry Room
  • Laundry:Laundry Room: Yes
  • Flooring: Vinyl, Tile
  • Heating: Other
  • Heating: Yes
  • Heating/Cooling:Heat Other: Yes
  • Main House SqFt: 3439.0
  • Building Area Total: 3439.0
Taxes and HOA Information
  • Parcel Number: 075-102-004
  • Association Fee: $.00
Parking/Garage
  • Parking Features: Uncovered
  • Parking Info:Uncovered: Yes
Miscellaneous
  • Miscellaneous:# Refrigerators: 4.00
  • Miscellaneous:# Stoves: 3.00
  • Miscellaneous:Parking Spaces: 9.00
Room Info
Room Info
  • Total Bathrooms: .00
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
Location Info
Location Info
  • Location Info:Compass Map: Santa Barbara
  • Location Info:Map Grid: E13
  • Proximity:Near School(s): Yes
Neighborhood/Schools
  • Elementary School: Isla Vista
  • Junior High School: Gol Valley
  • High School: Dos Pueblos
  • NeighborhoodSchools:Elementary School: Isla Vista
  • NeighborhoodSchools:Junior High School: Gol Valley
  • NeighborhoodSchools:High School: Dos Pueblos
Property / Assessor Information
Property / Assessor Info
  • Lot Size Square Feet: 9147.0
  • Lot Size Area: 9147.0
  • Lot Size Acres: 0.21
  • Property Type Label: Res Inc
  • Property Information:Realtor.com Type: Multi-Family
Utility Info
  • Meters:Sep Meter Wtr: N
  • Meters:Sep Meter Elec: Y
  • Meters:Sep Meter Gas: Yes
Income / Expense Info
Income / Expense Info
  • Income/Expenses:Total Monthly Income: $17,700
Unit Info
Unit Info
  • Number Of Units Total: 3
Unit 1 Info
  • Unit 1:# Units: 1
  • Unit 1:# Bedrooms: 4
  • Unit 1:# Baths: 2
  • Unit 1:# Half Baths: 0
  • Unit 1:Furnished: N
  • Unit 1:Rent: $6,500.00
  • Unit 1:Lease: Yes
  • Unit 1:Monthly Total: $6,500.00
Unit 2 Info
  • Unit 2:# Units: 1
  • Unit 2:# Bedrooms: 2
  • Unit 2:# Baths: 1
  • Unit 2:# Half Baths: 0
  • Unit 2:Furnished: N
  • Unit 2:Rent: $4,200.00
  • Unit 2:Lease: Yes
  • Unit 2:Monthly Total: $4,200.00
Unit 3 Info
  • Unit 3:# Units: 1
  • Unit 3:# Bedrooms: $5.00
  • Unit 3:# Baths: 2
  • Unit 3:# Half Baths: 0
  • Unit 3:Furnished: N
  • Unit 3:Rent: $7,000.00
  • Unit 3:Lease: Yes
  • Unit 3:Monthly Total: $7,000.00
Rental
Rental Information
  • Total Actual Rent: $17,700

Property History for 6657 Sueno Road

DateEvent & SourcePriceAppreciation
Apr 28, 2024

Sold

Santa Barbara AOR #23-3427

$2,700,000—
Mar 6, 2024

Pending

Santa Barbara AOR #23-3427

—
Nov 13, 2023

Listed (Active)

Santa Barbara AOR #23-3427

$3,000,000—
DateEvent & SourcePrice
04/28/2024

Sold

Santa Barbara AOR #23-3427

$2,700,000
03/06/2024

Pending

Santa Barbara AOR #23-3427

—
11/13/2023

Listed (Active)

Santa Barbara AOR #23-3427

$3,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 6657 Sueno Road

Taxable ValueLand$772,651Additions$708,265Total$1,480,916
Tax Record2021$17,426 ($1,452 / month)
Home Facts
Lot Size9,147 SqFtStyleDuplexCountySANTA BARBARAAPN075-102-004

Schools near 6657 Sueno Road

This home is within Goleta Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Isla Vista Elementary School
PublicK to 6

Goleta Valley Junior High School
Public7 to 8

Dos Pueblos Senior High School
Public9 to 12

Santa Barbara Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Link Brokerages,Inc., Amine Chebouli, DRE #02224613; Radius Group Commercial R.E., Robert Hambleton, DRE #01858350

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.