851 Camino Pescadero La Loma Apartments | Isla Vista, CA 93117

851 Camino Pescadero
Isla Vista, CA 93117
La Loma Apartments

Property Type
Multi-Family
Price
$36,000,000
Units
84 Units
Land Size
1.60 Acres
County
Santa Barbara

TOUR DATES APR 12 – 14 · CALL TO OFFERS APR 21

Download Brochure or contact Listing Agents for CA to receive detailed Offering Memorandum.

First time on the market in over 20 years! Offering great upside potential & the unique opportunity to own one of the largest student housing assets in the Isla Vista Community adjacent to the UCSB campus. This 84-unit property near the UCSB campus has been well maintained by the current owner and features (57) 1BR/1BA and 27 studio units, with 16 of the units having been updated to “Premier” status, 14 units updated to “Remodeled”, and 54 units classified as “Classic”. Highlights include double sinks in bathrooms of all 1BR/1BA units; moisture sensing fans; tankless water heaters in all units; roof replaced in the last 5 years; on-site coin laundry, owned separately; sensored toilets to reduce water waste; and isolated shut-off valves for the property’s plumbing.

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