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This duplex features an outstanding location on Sabado Tarde. New fencing in the front yard and a nice deck in the rear yard. Features include larger units (928 SF each), a laundry room, detached two-car garage, newer paint, etc. Great numbers and once in a generation financing make this a great buy. Long-term demographics and enrollment projections at UCSB make this a positive investment.
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6778 Sabado Tarde, Isla Vista, CA 93117
Duplex near UCSB
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Price: $775,000
Units: 2
Price per Unit: $387,000
GRM: 13.45 on Current Rents/13.18 on Proforma Rents
Cap Rate: 4.84% on current rents
4.98% on proforma rents
APN: 075-142-028
Mix: Duplex – both units 2+1
Building Area: 1,856 SF building, 400 SF garage, 75 SF laundry
Land Area: 5,000 SF – 50’ x 100’
Zoning: SR-M-18
Parking: Detached 2-Car Garage
Year Built: 1958
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