Looking to add Student Housing to your portfolio? Look no further. The first time on the market in 30 years, this 5 Bedroom, 3 Bathroom home was custom built by a local SB businessman for the purpose of student housing. With over 2000 square feet, this home was designed and customized around group living with extra large bedrooms, vaulted ceilings, jack and jill style bathrooms and a large great room style living area perfect for entertaining. Built in 1991 and meticulously maintained and managed, this low maintenance investment property has been generating cash flow for 30 years and counting. Centrally located in the heart of Isla Vista, 2 blocks from the Beach and a few minutes from UCSB and the Camino Real Marketplace, it's no wonder why this property is rarely vacant.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
5
Baths
3
Stories
—
Lot width
—
Lot depth
—
Lot size
4,792 Sq. Ft.
Year renovated
1991
Sq. Ft.
2,163
Year built
1991
Style
Single Family Residential
County
Santa Barbara County
APN
075142040
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 17, 2026.
SR-M-18
D
Medium Density Student Residential District
The purpose of this district is to provide for residential development which is unique to a student-oriented community. The intent is to provide for multiple residential development at moderate densities to mitigate potential adverse impacts on traffic, parking, open space, aesthetics, health, and safety and to encourage combining substandard lots to allow for a more efficient utilization of space.
Zone overlays
Design Control Overlay Zone
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking Information
Parking Features: Garages, Uncovered, Gar #1
Garage: Yes
Interior
Interior Features
Laundry Features: In Unit
Flooring: Vinyl, Carpet
Exterior
Exterior Features
Foundation Details: Slab
Property Information
Stories: 2
Property Condition: Average
Lot Information
Lot Features: Near Public Transit
Zoning: R-1
Utilities
Heating & Cooling
Heating Available: Yes
Heating: Solar, GFA
Location
Unit 1 Information
# of Units: 1
# of Bedrooms: 5
# of Baths (Total): 3
Rent: $7,000
Monthly Total: $7,000
Lease: Yes
Furnished: N
Multi-Unit Information
# Of Units (Total): 1
Pets Allowed: No
School Information
Elementary School: Isla Vista
Middle Or Junior School: Gol Valley
High School: Dos Pueblos
Location Information
Cross Street: Camino Del Sur
Public facts
Beds: 5
Baths: 3.0
Sq. Ft.: 2,163
Stories: —
Lot Size: 4,792 square feet
Style: Single Family Residential
Year Built: 1991
Year Renovated: 1991
County: Santa Barbara County
APN: 075142040
Home facts updated by county records on Aug 17, 2026
Around this home
Schools
Isla Vista Elementary School
Public K-6 • Assigned • 0.5mi
8/10
Goleta Valley Junior High School
Public 7-8 • Assigned • 3.2mi
6/10
Dos Pueblos Senior High School
Public 9-12 • Assigned • 2.1mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 83° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
6/10 Air Factor
10 unhealthy days expected this year, 10 days in 30 years
Provided by First Street
Historical weather
Goleta, CA • 93117
Average low and high temperatures (°F)
66
47
67
49
67
52
67
51
69
53
69
56
70
56
74
59
73
60
71
55
65
50
65
49
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.9 hours in
June and 5.6 hours in December, placing it above the
U.S. average for solar exposure.
9.9 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.90M – $2.30M
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