6621 Picasso Rd, Isla Vista — 18-unit Multifamily
Isla VistaSell-side

6621 Picasso Rd

Isla Vista, CA · Closed December 2009

$3,600,000
Sale Price
18
Units
6.01%
Cap Rate
$200K
Price/Door
Multifamily / Student Housing
Asset Type

Transaction details

6621 Picasso Road in Isla Vista, California, an 18-unit apartment property, sold in December 2009 for $3,600,000 ($200,000 per unit). The Golis Team at Radius Commercial Real Estate represented the seller. It is one of 63 sales the team has closed in Isla Vista since 2005, including 7 on Picasso Road.

Address
6621 Picasso Rd, Isla Vista
Close Date
December 2009
Sale Price
$3,600,000
Units
18
Cap Rate
6.01%
Asset Type
Multifamily / Student Housing
Role
Sell-side
Submarket
Isla Vista

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