Tamra Van Order
Responds Quickly
Keller Williams Realty Santa Barbara
(805) 308-6428
31 Total Sales
3 in Isla Vista
$835K - $1.8M Price Range
6575 Segovia Rd Goleta, CA 93117
Isla Vista Area
--
Beds
--
Baths
--
Sq Ft
1964
Built
About This Home
As of February 20256575 Segovia Rd. is an outstanding investment opportunity in the vibrant and dynamic community of Isla Vista. This multifamily property, built in 1964, is perfectly positioned within Isla Vista, offering huge upside potential for investors seeking to capitalize on the strong demand for student housing from UCSB and SBCC students. The building consists of 12 units, all featuring 1-bedroom and 1-bathroom layouts. Parking facilities include 12 enclosed parking spaces, generating $5,760 (24/25 school year) and $7,200 (25/26 school year) in annual parking income, adding further value to this investment. Each unit is designed to provide comfortable and efficient living spaces, ensuring high occupancy rates and low maintenance for property management. Located in the heart of Isla Vista, this property is ideally situated to meet the housing needs of UCSB and SBCC students, offering convenient access to campus facilities and local amenities. With its robust rental income, strategic location, and significant growth potential, 6575 Segovia Rd is an excellent addition to any investment portfolio. Seize this opportunity to invest in one of Isla Vista's prime multifamily properties, designed for student living and positioned for substantial returns with additional rental upside. Please contact to schedule a tour.
Last Agent to Sell the Property
Colliers International Greater Los Angeles, Inc. License #01970736 Listed on: 12/03/2024
Last Buyer's Agent
Austin Herlihy
Colliers International Greater Los Angeles, Inc. License #01518112
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Parking
- 12 Parking Spaces
- 12 Carport Spaces
Schools
- Isla Vista Elementary School
- Gol Valley Middle School
- Dos Pueblos High School
Listing and Financial Details
- Assessor Parcel Number 075-062-002
Community Details
Overview
- 12 Units
Building Details
- Insurance Expense $6,509
- Operating Expense $106,771
- Gross Income $274,920
- Net Operating Income $169,261
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Goleta, CA
-
Tamra Van Order
-
Lisa Lee
Lisa Lee
Berkshire Hathaway HomeServices California Properties
(805) 892-6322
18 Total Sales
1 in Isla Vista
$945,000 Price
-
Kevin Goodwin
Kevin Goodwin
Goodwin Properties
(805) 979-2658
49 Total Sales
1 in Isla Vista
$1,750,000 Price
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
140 Total Sales
12 in Isla Vista
$875K - $2.7M Price Range
-
Leslie Miller
Leslie Miller
Vylla Home
(424) 417-6864
19 Total Sales
3 in Isla Vista
$525K - $650K Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
1 in Isla Vista
$1,090,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,700,000 | Fidelity National Title Compan | ||
| Starr Sherman M | -- | None Available | |
| Starr Sherman M | -- | None Available | |
| Starr Sherman M | -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2025 02/19/25 | Sold | $3,700,000 | -3.3% | -- |
| 01/22/2025 01/22/25 | Pending | -- | -- | -- |
| 01/13/2025 01/13/25 | Price Changed | $3,825,000 | -3.8% | -- |
| 12/03/2024 12/03/24 | For Sale | $3,975,000 | 0.0% | -- |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/19/2024 08/19/24 | For Sale | $3,975,000 | -- | -- |
Source: Santa Barbara Multiple Listing Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $52,163 | $3,774,000 | $1,734,000 | $2,040,000 |
| 2025 | $50,083 | $4,182,000 | $1,555,500 | $2,626,500 |
| 2023 | $50,083 | $274,786 | $62,656 | $212,130 |
| 2022 | $8,234 | $269,470 | $61,428 | $208,042 |
| 2021 | $8,114 | $264,258 | $60,224 | $204,034 |
| 2020 | $8,010 | $261,586 | $59,607 | $201,979 |
| 2019 | $7,934 | $256,529 | $58,439 | $198,090 |
| 2018 | $7,853 | $251,571 | $57,294 | $194,277 |
| 2017 | $7,523 | $246,710 | $56,171 | $190,539 |
| 2016 | $6,843 | $241,944 | $55,070 | $186,874 |
| 2015 | $6,785 | $238,365 | $54,243 | $184,122 |
| 2014 | -- | $233,767 | $53,181 | $180,586 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Lopus
Seller's Agent in 2025
Mike Lopus
Colliers International Greater Los Angeles, Inc.
(805) 518-1494
13 Total Sales
-
Steve Golis
Seller Co-Listing Agent in 2025
Steve Golis
Radius Group Commercial R.E.
(805) 879-9624
94 Total Sales
-
AH
Buyer's Agent in 2025
Austin Herlihy
Colliers International Greater Los Angeles, Inc.
-
CP
Buyer Co-Listing Agent in 2025
Chris Parker
Colliers International Greater Los Angeles, Inc.
Map
Source: Santa Barbara Multiple Listing Service
MLS Number: 24-2728
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
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