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This nice-looking apartment building features the best numbers you will see on the South Coast! Located across from a park in central Isla Vista this master-metered building features six two-bedroom, one and three-quarters bath townhouse style units and four one-bedroom, one bath single level units. Eight units have fenced patios. The attached laundry room includes owned machines. The rear parking area is accessible through an alley.
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6656 Picasso Road
Isla Vista, CA 93117
10 Units near UCSB
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Sale Price: $2,445,000
GRM: 10.07 on Current Rents
9.73 on Proforma Rents
APN: 075-020-019
Mix: 4 1+1, 6 2+1.75 Storage Room, Laundry Room
Building Area: 7,501 approx.
(per permit)
Land Area: 11,761.20 SF approx. (per tax assessor)
Zoning: SR-H-20
Parking: 10 open spaces, alley access
Year Built: 1961
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