6587 Cervantes, 759 Embarcadero Del Mar FOR SALE


Goleta, CA - Isla Vista
$19,300,000 USD
805-698-0174
, Goleta, CA for Sale
$19,300,000 USD
FOR SALE
1/12
null | Request Cap Rate

6587 Cervantes, 759 Embarcadero Del Mar
Goleta, CA
Isla Vista


HIGHLIGHTS

  • Extremely rare entitled land opportunity near the UCSB campus
  • Proposed 27 unit building includes 3 floor plans on 4 floors
  • Extensive building improvements to existing apartment buildings

OVERVIEW

TWO ADJACENT APARTMENT BUILDINGS & PROPOSED 27-UNIT ENTITLED LAND PROJECT IN ISLA VISTA NEAR UCSB CAMPUS. EXTREMELY RARE OPPORTUNITY TO DEVELOP NEW MULTIFAMILY. This premier offering near the UCSB campus includes two apartment buildings totaling 22 units — 759 Embarcadero Del Mar (8 units) and 6587 Cervantes Rd (14 units) — plus approx. 15,000 SF of adjacent land which is currently generating additional income through parking. The offering features proposed plans for a 27-unit development. Contact listing agents for details.

ASK ABOUT THIS PROPERTY

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.