6880 Pasado Rd Goleta, CA 93117
Estimated payment $14,114/month
Highlights
- Ocean View
- Ductless Heating Or Cooling System
- Bike Trail
- Isla Vista Elementary School Rated A
- Laundry Room
- Wood Fence
About This Home
Located in the heart of Isla Vista's vibrant rental market, 6880 Pasado Road offers investors a well-positioned duplex with strong income stability, consistent tenant demand, and outstanding long-term potential. Just blocks from UCSB and the beaches of Isla Vista, this property presents an appealing blend of lifestyle desirability and reliable returns. Main house is 4BD/2BA plus a 3BD/3BA ADU. Tenants pay all utilities. Projected 6.24% CAP and 11.55 GRM. Excellent long-term investment in one of California's most resilient student-housing markets.
Listing Agent
Colliers International Brokerage Phone: (805) 680-8806 License #01970736 Listed on: 03/18/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 6,098 Sq Ft Lot
- No Common Walls
- Wood Fence
- No Sprinklers
Home Design
- Composition Roof
Interior Spaces
- 1,340 Sq Ft Home
- Ocean Views
- Laundry Room
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Driveway Level
Utilities
- Ductless Heating Or Cooling System
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 075081014
Community Details
Overview
- 2 Buildings
Recreation
- Bike Trail
Building Details
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Operating Expense $54,487
- Gross Income $210,000
- Net Operating Income $151,313
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,648 | $1,138,804 | $803,866 | $334,938 |
| 2023 | $12,648 | $1,094,584 | $772,651 | $321,933 |
| 2022 | $12,101 | $1,073,122 | $757,501 | $315,621 |
| 2021 | $11,892 | $1,052,082 | $742,649 | $309,433 |
| 2020 | $11,580 | $1,041,296 | $735,035 | $306,261 |
| 2019 | $11,370 | $1,020,879 | $720,623 | $300,256 |
| 2018 | $11,158 | $1,000,863 | $706,494 | $294,369 |
| 2017 | $10,955 | $981,240 | $692,642 | $288,598 |
| 2016 | $10,584 | $962,001 | $679,061 | $282,940 |
| 2015 | $10,507 | $947,551 | $668,861 | $278,690 |
| 2014 | -- | $928,990 | $655,759 | $273,231 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2026 03/18/26 | For Sale | $2,425,000 | -- | $1,810 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | First American Title | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $725,000 | New Conventional | |
| Previous Owner | $396,000 | New Conventional | |
| Previous Owner | $417,000 | Purchase Money Mortgage | |
| Previous Owner | $637,500 | Purchase Money Mortgage |
Source: Ventura County Regional Data Share
MLS Number: V1-35254
APN: 075-081-014
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