6624 Sueno Road, Goleta, CA 93117, Goleta, 93117 - 3 bed, 1 bath
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6624 Sueno Road
Goleta, CA 93117
ACTIVE
CONDITION: TEAR DOWN
3Beds
1Baths
1,102Sq Ft
14,810Lot Size
Property Price
LIST PRICE$2,000,000
SUMMARY
6624 Sueno Rd. is a 14,810 sf (0.34- acre) infill parcel situated in the heart of Isla Vista-Santa Barbara County's highest-density student housing community, adjacent to UC Santa Barbara's main campus.The Site currently operates as a 3 bed, 1 bath single family residence (1,102 SF) with significant underlying land value. The improvement-to-land ratio strongly signals a tear-down/redevelopment profile. Currenty leased for $4400 month and tenants pay all utilities.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1946 (78 years old) with no recorded renovations. The listing explicitly describes the property as a tear-down/redevelopment profile, noting that the value lies in the large 0.34-acre lot rather than the aged 1,102 SF structure.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14810, living area = 1102.
- Strategic Location
Situated in the heart of Isla Vista adjacent to UC Santa Barbara, the property is positioned in a premier high-density student housing community with consistent, high-volume demand.
- Significant Redevelopment Potential
The oversized 14,810 SF infill parcel features a high improvement-to-land ratio, making it an ideal candidate for a high-density residential development project to maximize the site's utility.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1102, other record living area = 1002.
- Functional Obsolescence
The existing 1946 structure is small and aged, offering little value relative to the land and necessitating a complete tear-down to realize the property's highest and best use.
- High Entry Price for Land
At a $2,000,000 valuation for a 1,102 SF home, the acquisition cost is heavily weighted toward land value, requiring a sophisticated developer to justify the initial investment through density.
About 6624 Sueno Road
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 14,810 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,102 | 3,172 |
| Lot Size | 14,810 | 74,052 |
| Price | $2.00M | $2.60M |
| Price per sq ft | $1.8K | $821 |
| Built year | 1946 | 1982 |
| HOA | $0 | $0 |
| Days on market | 122 | 27 |
Pricing History
Listed for Sale
Jun 24, 2026
$2,000,000
Initial Listing