6657 Sueno Road

Goleta, CA 93117

$3,000,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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.
  1. Listed by Amine Chebouli • DRE #02224613 • Link Brokerages,Inc.
  2. Listed by Robert Hambleton • DRE #01858350 • Radius Group Commercial R.E.

Property Details for 6657 Sueno Road

MLS Neighborhood
Other
Zoning
SR
Cross Street
Camino Del Sur
Recurring Fees
No

Location

Listing Courtesy of Link Brokerages,Inc., Amine Chebouli, DRE #02224613; Radius Group Commercial R.E., Robert Hambleton, DRE #01858350
Add your commute
LISTING UPDATED: 03/06/2024 05:29 PM

Property Details for 6657 Sueno Road

StatusPending
MLS #23-3427
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family
Year Built-
Lot Size0.21 AC / 9,147 SF
CountySanta Barbara County

Location

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

Building Information for 6657 Sueno Road

Stories-Residences3Year Built-Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$17,824 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,372

Property Taxes

$1,452

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6657 Sueno Road

Details
Features
  • District: 30 - SB/GOL SOUTH
  • Property Type: B
  • Amenities: Deck, Fncd All
  • Floor Window Coverings: Tile, Vinyl
  • Laundry: Laundry Room
Parking/Garage
  • Parking Info: Uncovered
Miscellaneous
  • Num Of Refrigerators: 4
  • Num Of Stoves: 3
  • Parking Spaces: 9
Location Info
Location Info
  • Tax Parcel Number: 075-102-004
  • LotLocation: Near School(s)
  • City: GOLETA
  • County: Santa Barbara
  • Postal Code: 93117
Neighborhood/Schools
  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Junior High School: Gol Valley
Property / Assessor Information
Property / Assessor Info
  • Realtorcom Type: Multi-Family
  • Total # Units: 3
Utility Info
  • Heating/Cooling: Heat Other
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: N
Income / Expense Info
Income / Expense Info
  • Total Monthly Income: $17,700
Unit Info
Unit 1 Info
  • Unit 1: Lease
  • Unit 1Furnished: N
  • Unit 1Num Of Baths: 2
  • Unit 1Num Of Bedrooms: 4
  • Unit 1Num Of Half Baths: 0
  • Unit 1Num Of Units: 1
  • Unit 1Monthly Total: $6,500
  • Unit 1Rent: $6,500
Unit 2 Info
  • Unit 2: Lease
  • Unit 2Furnished: N
  • Unit 2Num Of Baths: 1
  • Unit 2Num Of Bedrooms: 2
  • Unit 2Num Of Half Baths: 0
  • Unit 2Num Of Units: 1
  • Unit 2Monthly Total: $4,200
  • Unit 2Rent: $4,200
Unit 3 Info
  • Unit 3: Lease
  • Unit 3Furnished: N
  • Unit 3Num Of Baths: 2
  • Unit 3Num Of Bedrooms: 5
  • Unit 3Num Of Half Baths: 0
  • Unit 3Num Of Units: 1
  • Unit 3Monthly Total: $7,000
  • Unit 3Rent: $7,000
Contract Info
Contract Info
  • Deposit: 3
  • List Price: $3,000,000.00
  • Terms: Cash, Ctnl
  • Contract Date: 03-01-2024
  • Status: Pending

Property History for 6657 Sueno Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. 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. 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 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.