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6819 Fortuna Rd
Isla Vista, CA 93117
6819 Fortuna Road, Isla Vista, CA · Multifamily Property For Sale
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3 Units
Investment Highlights
- Fantastic starter investment student housing single-family residence in an irreplaceable location by UC Santa Barbara and the Pacific Ocean
- Leased for school year June 2024 - June 2025 for $7500/month (currently $7000/month until mid-June)
- Ideal as an entry-level secure investment (never a vacancy in 25 years of ownership), also perfect for a UCSB parent investment as an alternative to p
- Best rent-to-price ratio in the area for the price range
- Preferred west end of Isla Vista, away from noise, traffic and providing a rare lower-density housing option with yard space for UCSB students
Property Facts
| No. Units | 3 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 1,479 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Single-Family Home | No. Stories | 1 |
| Building Class | C | Year Built | 1958 |
| Zoning | Single-family | ||
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 1,479 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1958 |
| Zoning | Single-family |
Amenities
Unit Amenities
- Washer/Dryer
- Yard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 1 | $7,500 | 1,479 |
Property Taxes
| Parcel Number | 075-084-005 | Improvements Assessment | $459,000 |
| Land Assessment | $918,000 | Total Assessment | $1,377,000 |
Property Taxes
Parcel Number
075-084-005
Land Assessment
$918,000
Improvements Assessment
$459,000
Total Assessment
$1,377,000
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