NOT LISTED FOR SALE

6587 Cervantes Rd Goleta, CA 93117

1 Bed
1 Bath
14,850 Sq Ft
1 Acres

Last Sold April 12, 2022

Last sale price $9,514,080 $641 Per Sq Ft

17 Days on Market

Highlights

  • Property is near an ocean
  • 1 Acre Lot
  • 5-minute walk to Greek Park
  • Isla Vista Elementary School Rated A
  • Property is near a park

About This Home

As of April 2022

NEVER BEFORE on the market for purchase are 759 Embarcadero Del Mar & 6587 Cervantes Road.
This property consists of two (2) apartment buildings and additional land. 759 Embarcadero Del Mar (8 Units) & 6587 Cervantes Rd. (14 Units), as well as approximately 13,925 SF of additional land that is currently being used for parking. In 2018 there was a new roof added, new windows were installed and the buildings were freshly painted. There is a single main water line servicing the entire property which allows for the potential for additional units to be added on the portion of undeveloped land. This is a well maintained investment property with expansive upside potential in Isla Vista. A great investment opportunity to own student housing at one of the top five public universities in the nation.

CALL TO OFFERS: November 5, 2021

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 10/25/2021

Radius Group Commercial R.E.

Co-Listed By

Michael Chenoweth

Radius Group Commercial R.E. License #01213196

Last Buyer's Agent

Steven Golis

Pacifica Commercial Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 1

Parking

  • 24 Parking Spaces

Home Design

  • 14,850 Sq Ft Home

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Additional Features

  • Property is near an ocean
  • 1 Acre Lot

Community Details

  • 22 Units

Listing and Financial Details

  • Assessor Parcel Number 075-032-008

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Miscellaneous Parking Spaces: 24.0
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: rad
  • Co List Office Phone: 805-965-5500
  • Property Information Year Built2: 1963
  • NeighborhoodSchools Elementary School: Other
  • NeighborhoodSchools Junior High School: Other
  • NeighborhoodSchools High School: Other
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Main House SqFt: 14850.0
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 43560.0
  • Proximity Near Bus: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 1.0

Garage/Parking

  • Total Parking Spaces: 24.0

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Parcel #: 075-032-008
  • Zoning: Other
  • Lot Size Sq Ft: 43560.0

Multi Family

  • Number Of Units Total: 22

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $9,514,080 -9.4% $641 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $10,500,000 -- $707 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Golis

    Seller's Agent in 2022

    Steve Golis

    Radius Group Commercial R.E.

    (805) 879-9624

    15 in this area

    95 Total Sales

    Section Image
  • Michael Chenoweth

    Seller Co-Listing Agent in 2022

    Michael Chenoweth

    Radius Group Commercial R.E.

    (805) 879-9608

    1 in this area

    13 Total Sales

    Section Image

  • S

    Buyer's Agent in 2022

    Steven Golis

    Pacifica Commercial Realty

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 21-3944

Santa Barbara Multiple Listing Service

California Santa Barbara County Goleta 93117

6587 Cervantes Rd, Goleta, CA

This home is located at 6587 Cervantes Rd, Goleta, CA 93117 since 25 October 2021. This property was built in 1963. 6587 Cervantes Rd is a home located in Santa Barbara County with nearby schools including Isla Vista Elementary School, Goleta Valley Junior High School, and Dos Pueblos Senior High School.

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