Home For Sale In Goleta, California

house for sale

Listed: 04/19/24

948 Camino del Sur, Isla Vista, CA 93117, USA

7 Bed:

3 Bath:

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Price

$ 3,2M

Show 6 more

About This House

6% Cap Rate on current rents with 30% expenses and accounting for a 7% management fee. Centrally located between the University of Santa Barbara and the popular Sands Beach. The houses feature ten (10) bedrooms and six (6) full bathrooms total, a large front yard, and ample parking. All three houses have new roofs and windows throughout. The original structure consists of the two houses sitting in the back of the lot while the new house in the front was added as an ADU in September 2023. Current rent income totals$22, 920/month and the property is completely pre-lease for the24- 25school year.

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Original listing

66 Block Housing & Living

Household Income

Median household income: $23,541

Number of households: 5,134

The average household income in Isla Vista, CA grew from $22,304 to $23,541 in the past year. This data is an estimate based upon 5,134 households in Isla Vista, CA.
The chart below presents how household income is distributed in Isla Vista, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Isla Vista, CA compared to median property taxes around the country. The prevalent amount of property taxes in Isla Vista, CA equals $3k+ , which is more than the national average.