6587 Cervantes Rd. 6587 Cervantes Rd. & 759 Embarcadero Del Mar | Isla Vista, CA 93117

6587 Cervantes Rd.
Isla Vista, CA 93117
6587 Cervantes Rd. & 759 Embarcadero Del Mar

Property Type
Multi-Family
Student Housing
Price
$10,500,000
Units
22 Units
County
Santa Barbara

NEVER BEFORE on the market for purchase are 759 Embarcadero Del Mar & 6587 Cervantes Road. This property consists of two (2) apartment buildings and additional land. 759 Embarcadero Del Mar (8 Units) & 6587 Cervantes Rd. (14 Units), as well as approximately 13,925 SF of additional land that is currently being used for parking. In 2018 there was a new roof added, new windows were installed and the buildings were freshly painted. There is a single main water line servicing the entire property which allows for the potential for additional units to be added on the portion of undeveloped land. This is a well maintained investment property with expansive upside potential in Isla Vista — a great investment opportunity to own student housing at one of the top five public universities in the nation.

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