This student housing investment property features a 4-bedroom, 2-bathroom home and a brand-new detached 3-bedroom, 3-bathroom ADU, offering an attractive unit mix and strong rental performance. The property is fully leased through 2027 and projects a 6.24 cap rate for the 2026-2027 school year.
The main residence features wood floors and pitched ceilings, while palm tree-filled yards create a relaxed coastal setting for tenants. Located on the outskirts of Isla Vista, the property offers added privacy while remaining just minutes from UC Santa Barbara, shops, and local beaches.
Active
$2,425,000
6880 Pasado Rd, Goleta, CA 93117
7beds
2,275sqft
Est.:
Single Family Residence
Built in 1960
-- sqft lot
$2,327,300 Zestimate®
$1,066/sqft
$-- HOA
What's special
Palm tree-filled yardsWood floorsPitched ceilings
- 4 days |
- 409 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 16, 2026 at 04:28pm
Listed by:
Steven J Golis 00772218 805-965-5500,
Radius Group Commercial R.E.,
Michael Lopus 01970736 805-680-8806,
Colliers International Greater Los Angeles, Inc.
Source: SBMLS,MLS#: 26-824
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Appliances
- Laundry: Laundry Room
Features
- Has fireplace: No
Interior area
- Total structure area: 2,275
- Total interior livable area: 2,275 sqft
Property
Lot
- Features: Near Public Transit
Details
- Additional structures: ADU (Accessory Dwelling Unit)
- Parcel number: 075081014
- Zoning: SR
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- Year built: 1960
Community & HOA
Community
- Subdivision: Other
Location
- Region: Goleta
Financial & listing details
- Price per square foot: $1,066/sqft
- Tax assessed value: $1,138,804
- Annual tax amount: $12,979
- Date on market: 3/16/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional,Cash,1031 Exchange
Estimated market value
$2,327,300
$2.21M - $2.44M
$6,270/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Listed for sale | $2,425,000$1,066/sqft |
Source:  SBMLS #26-783 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,979 +2.6% | $1,138,804 +2% |
| 2024 | $12,648 +2.3% | $1,116,475 +2% |
| 2023 | $12,358 +2.1% | $1,094,584 +2% |
| 2022 | $12,101 +1.8% | $1,073,122 +2% |
| 2021 | $11,892 +2.7% | $1,052,082 +1% |
| 2020 | $11,580 +1.8% | $1,041,296 +2% |
| 2019 | $11,370 +1.9% | $1,020,879 +2% |
| 2018 | $11,158 +1.9% | $1,000,863 +2% |
| 2017 | $10,955 +3.5% | $981,240 +2% |
| 2016 | $10,584 +2.3% | $962,001 +1.5% |
| 2015 | $10,351 | $947,551 +2% |
| 2014 | $10,351 | $928,990 +2.5% |
| 2012 | -- | $906,661 +2% |
| 2011 | -- | $888,885 +0.8% |
| 2010 | -- | $882,243 -0.2% |
| 2009 | -- | $884,340 +2% |
| 2008 | -- | $867,000 +2% |
| 2007 | -- | $850,000 +344.7% |
| 2006 | -- | $191,145 +2% |
| 2005 | -- | $187,398 +3.9% |
| 2003 | -- | $180,359 +2% |
| 2002 | -- | $176,824 +2% |
| 2001 | -- | $173,358 +2% |
| 2000 | -- | $169,960 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$14,329/mo
Principal & interest
$12167
Property taxes
$2162
More affordability tools
Climate risks
Neighborhood: 93117
Nearby schools
GreatSchools rating
- 8/10Isla Vista Elementary SchoolGrades: K-6Distance: 0.3 mi
- NALearning Tree PreschoolGrades: Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Isla Vista
- Middle: Gol Valley
- High: Dos Pueblos
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 93117
- California
- Santa Barbara County
- Isla Vista
- 93117
- 6880 Pasado Rd
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