NOT LISTED FOR SALE

6799 Trigo Rd Goleta, CA 93117

Estimated Value: $1,642,000 - $2,655,322

Studio
-- Bath
-- Sq Ft
4,792 Sq Ft Lot Lot

Sale Details

Date Sold: April 19, 2022

Last sale price $1,795,000

Est. 17% increase in value since last sale

Current estimated payment $13,060 / mo

14 Days on Market

Highlights

  • Property is near an ocean
  • Property is near park, public transit, schools, shops, and bus stop
  • Solar Heating System
  • Isla Vista Elementary School Rated A
  • Video Cameras
  • 2-minute walk to Sea Lookout Park

About This Home

As of April 2022

Looking to add Student Housing to your portfolio? Look no further. First time on the market in almost 30 years. This Duplex was custom built by a local SB businessman for the purpose of student housing. Each unit features 3 bedrooms and 2 bathrooms, designed around group living with large bedrooms and bathrooms and a great room style living area perfect for entertaining. Meticulously maintained and managed, this low maintenance investment property has been generating cash flow for decades. Centrally located in the heart of Isla Vista, 2 blocks from the Beach and a few minutes from UCSB and the Camino Real Marketplace, it's no wonder why this property is rarely vacant.

Last Agent to Sell the Property

Abel Ramos

Compass License #01821789 Listed on: 03/03/2022

Compass

Last Buyer's Agent

Nicole Wesley

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792

Flooring

  • Carpet
  • Vinyl

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Parking

  • Garage
  • Uncovered Parking

Location

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

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • Solar Heating System
  • Property is near an ocean
  • 4,792 Sq Ft Lot

Listing and Financial Details

  • The owner pays for trash collection, water, gas, electricity, heat
  • Assessor Parcel Number 075-142-063

Community Details

Overview

  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • Electric Expense $1,376
  • Fuel Expense $1,099
  • Insurance Expense $1,246
  • Maintenance Expense $4,675
  • Trash Expense $3,206
  • Water Sewer Expense $3,039
  • New Taxes Expense $7,093
  • Operating Expense $30,310
  • Gross Income $110,160
  • Net Operating Income $77,647

Property Details

Home Type

Multi-Family

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Prop. Type: ResidentialIncome
  • Income Expenses Annual Income: 110160.0
  • Capitalization Rate: 4.33
  • Income Expenses Electric Expense: 1376.04
  • Income Expenses Gas Expense: 1098.6
  • Gross Rent Multiplier: 16.63
  • Maintenance Expense: 4675.2
  • Annual Expenses: 30309.84
  • Monthly Expense: 2525.82
  • Monthly Income: 9180.0
  • Income Expenses Trash Expense: 3205.56
  • Income Expenses Water Expense: 3038.64
  • Building Stories: 2
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Security Camera, Smoke Detector(s)
  • Income And Expenses Maintenance Expense: 4675.2
  • Reso Flooring: Vinyl, Carpet, Other
  • Garage Yn: Yes
  • Property Information Apx # Acres: 0.11
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Parking Info Uncovered: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • Proximity Near Shopping2: Yes
  • Security Security Camera2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • Proximity Near Hospital2: Yes
  • General Property Information Stories2: 2.0
  • Pets No8: Yes
  • Parking Info Garages: Yes
  • HeatingCooling GFA: Yes
  • IncomeExpenses Taxes6: 7092.84
  • FlrWdw Coverings Vinyl2: Yes
  • Income Expenses Actual: Yes
  • HeatingCooling Solar3: Yes
  • IncomeExpenses NOI2: 77646.91
  • HeatingCooling AC None2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.11

Garage/Parking

  • Parking Features: Garages, Uncovered

Utilities

  • Heating: Solar, GFA
  • HeatingYN: Yes

Fee Information

  • Annual Fuel Expense: 1098.6
  • Trash Expense: 3205.56
  • Annual Water Sewer Expense: 3038.64

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 075-142-063
  • Zoning: Other
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Gas, Electricity, Heat

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1376.04
  • Annual Gross Income: 110160.0
  • Insurance Expense: 1245.6
  • Annual Operating Expense: 30309.84
  • Total Actual Rent: 9180.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2023
Sold by
Bought by
Current Estimated Value
$2,091,331

Purchase Details

Closed on
Feb 2, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,346,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.67%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

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
-- --
$1,795,000 Chicago Title
-- None Available
-- First American Title
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $1,346,250
Previous Owner $234,000
Previous Owner $235,000
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
04/19/2022 04/19/22 Sold $1,795,000 0.0% --
03/17/2022 03/17/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $1,795,000 -- --
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
2025 $21,430 $1,904,868 $928,557 $976,311
2023 $21,430 $1,705,000 $831,000 $874,000
2022 $7,226 $539,135 $186,779 $352,356
2021 $7,093 $528,565 $183,117 $345,448
2020 $6,926 $523,146 $181,240 $341,906
2019 $6,811 $512,889 $177,687 $335,202
2018 $6,693 $502,833 $174,203 $328,630
2017 $6,546 $492,975 $170,788 $322,187
2016 $6,207 $483,310 $167,440 $315,870
2014 $6,205 $466,727 $161,695 $305,032
Source: Public Records

Agents Affiliated with this Home

  • Abel Ramos

    Seller's Agent in 2022

    Abel Ramos

    Compass

    (805) 509-1636

    4 in this area

    39 Total Sales

    Abel Ramos
    Section Image

  • N

    Buyer's Agent in 2022

    Nicole Wesley

    Berkshire Hathaway HomeServices California Properties

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-657

Santa Barbara Multiple Listing Service

APN: 075-142-063

California Santa Barbara County Goleta 93117

6799 Trigo Rd, Goleta, CA

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