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6657 Sueno Rd.
Isla Vista, CA 93117
Student Housing
Located less than 1 mile from UCSB’s main campus and the beach just around the corner, makes this an outstanding investment and highly desirable rental for the college lifestyle. The property consists of three (3) units on a lot totaling 9,147 sq. ft. including ample parking, entertainer’s yard and a large view deck. 2 out of 3 units have upgraded kitchens. Current rent income totals $17,700 with leases ending in June 2024. Pre-leasing for 2024-2025 school year is currently in process and total rents are expected to increase to a total of $19,450 which will result in a 5 3/4 cap.
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