Seller's Agent in 2024
Mike Lopus
Colliers International Greater Los Angeles, Inc.
(805) 518-1494
5 in this area
9 Total Sales
6523 Trigo Rd Isla Vista, CA 93117
--
Bed
--
Bath
6,563
Sq Ft
8,712
Sq Ft Lot
About This Home
As of October 2024Introducing 6523 Trigo Rd, a prime investment opportunity nestled in the lively and sought-after community of Isla Vista. This multifamily property, built in 1967, is strategically located to serve the housing needs of UCSB and SBCC students, making it a highly attractive asset for investors.
Parking is well accommodated with six covered spaces and a total of 14 parking spots, generating substantial extra income. Located in the heart of Isla Vista, 6523 Trigo Rd is perfectly positioned to provide easy access to campus facilities and local amenities, making it a preferred choice for student housing. With its robust rental income, prime location, and significant upside potential, this property is an excellent addition to any investment portfolio.
Last Agent to Sell the Property
Colliers International Greater Los Angeles, Inc. License #01970736 Listed on: 08/19/2024
Last Buyer's Agent
Berkshire Hathaway HomeServices California Properties License #01245644
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1967
Lot Details
- 8,712 Sq Ft Lot
Parking
- 14 Parking Spaces
Home Design
- 6,563 Sq Ft Home
Schools
- Isla Vista Elementary School
- Gol Valley Middle School
- Dos Pueblos High School
Listing and Financial Details
- Assessor Parcel Number 075-173-032
Community Details
Overview
- 8 Units
Building Details
- New Taxes Expense $44,691
- Operating Expense $115,149
- Net Operating Income $198,407
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $4,275,000 | +0.6% | $651 / Sq Ft |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $4,250,000 | -- | $648 / Sq Ft |
Source: Santa Barbara Multiple Listing Service
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $44,477 | $4,275,000 | $1,750,000 | $2,525,000 |
| 2023 | $44,477 | $312,534 | $52,735 | $259,799 |
| 2022 | $7,741 | $306,406 | $51,701 | $254,705 |
| 2021 | $7,601 | $300,399 | $50,688 | $249,711 |
| 2020 | $7,482 | $297,320 | $50,169 | $247,151 |
| 2019 | $7,394 | $291,491 | $49,186 | $242,305 |
| 2018 | $7,301 | $285,776 | $48,222 | $237,554 |
| 2017 | $7,042 | $280,174 | $47,277 | $232,897 |
| 2016 | $6,687 | $274,681 | $46,350 | $228,331 |
| 2015 | $6,538 | $270,556 | $45,654 | $224,902 |
| 2014 | -- | $265,257 | $44,760 | $220,497 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Lopus
-
Steve Golis
Seller Co-Listing Agent in 2024
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
17 in this area
90 Total Sales
-
Ken Switzer
K
Buyer's Agent in 2024
Ken Switzer
Berkshire Hathaway HomeServices California Properties
(805) 680-4622
10 in this area
104 Total Sales
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2727
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