6724 Pasado Rd

3,435 Sq. Ft.
$814 / Sq. Ft.
3,435
Sq. Ft.
$814
per Sq. Ft.

Description

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...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.
  1. Listed by Steven J Golis • DRE #00772218 • Radius Group Commercial R.E.
    P: (805)-965-5500 C: (805)-965-5500 sgolis@radiusgroup.com

Property Details for 6724 Pasado Road

Zoning
R-3
Zoning:R-3
Yes
Location Info:Cross Street
Camino Del Sur
Property Information:Recurring Fees
No
LISTING UPDATED: 04/22/2026 04:17 PM

Property Details for 6724 Pasado Road

StatusActive
MLS #26-1309
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built1966
Lot Size0.20 AC / 8,712 SF
CountySanta Barbara County

Location

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218
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Building Information for 6724 Pasado Road

Stories2Residences2Year Built1966Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$14,356 per month

30 year fixed, 6.46% Interest

Principal and Interest

$14,074

Property Taxes

$282

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6724 Pasado Road

Details
Features
  • District: 30 - SB/GOL SOUTH
  • District: 30 - SB/GOL SOUTH
  • Laundry Features: In Unit
  • Laundry:In Unit: Yes
  • Year Built Numeric: 1966
  • Main House SqFt: 3435.0
  • Stories: 2
  • Property Information:Stories: 2.0
  • Building Area Total: 3435.0
Taxes and HOA Information
  • Parcel Number: 075-092-035
  • Association Fee: $.00
Room Info
Room Info
  • Total Bathrooms: .00
  • Bathrooms Total (Decimal): .00
  • Bathrooms Total (Notational): .00
Location Info
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: 8712.0
  • Lot Size Area: 8712.0
  • Lot Size Acres: 0.2
  • Property Type Label: Res Inc
  • New Construction YN: No
  • Condition:Excellent: Yes
  • Condition:Good: Yes
  • Property Information:Realtor.com Type: Multi-Family
  • Property Information:Year Built: 1966.0
Income / Expense Info
Income / Expense Info
  • Income/Expenses:Gross Rent Multiplr: 12.52
  • Income/Expenses:Capitalization Rate: 5.51
  • Income/Expenses:NOI: 154123
  • Income/Expenses:Total Monthly Income: $18,600
  • Income/Expenses:Annual Income: $223,200
  • Gross Income: $223,200
Unit Info
Unit Info
  • Number Of Units Total: 2
Unit 1 Info
  • Unit 1:# Units: 1
  • Unit 1:# Bedrooms: 3
  • Unit 1:# Baths: 2
  • Unit 1:# Half Baths: 0
  • Unit 1:Rent: $8,250.00
  • Unit 1:Monthly Total: $8,250.00
Unit 2 Info
  • Unit 2:# Units: 1
  • Unit 2:# Bedrooms: 3
  • Unit 2:# Baths: 2
  • Unit 2:# Half Baths: 0
  • Unit 2:Rent: $8,250.00
  • Unit 2:Monthly Total: $8,250.00
Unit 3 Info
  • Unit 3:# Units: 1
  • Unit 3:# Bedrooms: $.00
  • Unit 3:# Baths: 1
  • Unit 3:# Half Baths: 0
  • Unit 3:Rent: $2,100.00
  • Unit 3:Monthly Total: $2,100.00
Rental
Rental Information
  • Total Actual Rent: $18,600

Property History for 6724 Pasado Road

DateEvent & SourcePriceAppreciation
Apr 21, 2026

Listed (Active)

Santa Barbara AOR #26-1309

$2,795,000—
May 13, 2025

Sold

Santa Barbara AOR #25-1229

$2,100,000—
Apr 23, 2025

Sold (Public Record)

Public Record #1557474978

$2,100,000—
DateEvent & SourcePrice
04/21/2026

Listed (Active)

Santa Barbara AOR #26-1309

$2,795,000
05/13/2025

Sold

Santa Barbara AOR #25-1229

$2,100,000
04/23/2025

Sold (Public Record)

Public Record #1557474978

$2,100,000

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

Public Records for 6724 Pasado Road

Taxable ValueLand$25,711Additions$97,798Total$123,509
Tax Record2025$3,378 ($282 / month)
Home Facts
Lot Size8,712 SqFtStyleDuplexCountySANTA BARBARAAPN075-092-035

Schools near 6724 Pasado 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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6724 Pasado Road is a multi-family home for sale in Goleta, CA 93117. This property was listed for sale on April 22, 2026 by Radius Group Commercial R.E., it's currently listed at $2,795,000. It has been on the market for a total of 9 days and was last sold on May 14, 2025. This listing's school districts are Goleta Union Elementary School District, Santa Barbara Unified School District. Nearby schools include Isla Vista Elementary School, Goleta Valley Junior High School and Dos Pueblos Senior High School. 6724 Pasado Road is a 6-bed, 5-bath, 3,435 sqft multi-family home built in 1966.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Radius Group Commercial R.E., Steven J Golis, DRE #00772218

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.