Last Sold Price
6 beds3,435 sqft$777/sqft
6724 Pasado Rd, Goleta, CA 93117

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.
LISTING CLOSED: 07/06/2026 05:00 PM

  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

Status
MLS #
26-1309
Days on Market
20
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Multi-Family
Year Built
1966
Lot Size
0.20 AC / 8,712 SF
Zoning
R-3
Zoning:R-3
Yes
Location Info:Cross Street
Camino Del Sur
Property Information:Recurring Fees
No

Location

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

Sold By Radius Group Commercial R.E., Steven J Golis, DRE #00772218; Radius Group Commercial R.E., Aneta Jensen, DRE #01994822

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Building Information for 6724 Pasado Road

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

Payment Calculator

$13,853 per month

30 year fixed, 6.55% Interest

Principal and Interest

$13,571

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
Jul 6, 2026

Sold

Santa Barbara AOR #26-1309

$2,670,000
Jun 30, 2026

Sold (Public Record)

Public Record #1944008397

$2,670,000

+22.5% / yr

May 11, 2026

Pending

Santa Barbara AOR #26-1309

DateEvent & SourcePrice
07/06/2026

Sold

Santa Barbara AOR #26-1309

$2,670,000
06/30/2026

Sold (Public Record)

Public Record #1944008397

$2,670,000

+22.5% / yr

05/11/2026

Pending

Santa Barbara AOR #26-1309

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

Public Records for 6724 Pasado Road

Taxable ValueLand$1,020,000Additions$1,122,000Total$2,142,000
Tax Record2025$3,378 ($282 / month)
Home Facts
Beds0Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1966Year Renovated1966ZoningSRM18CountySANTA 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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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 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.