Michael Lopus

Goleta CA Residential Income for Sale

6648 Del Playa Drive, a trophy value add opportunity in the heart of Del Playa, the center of the action in Isla Vista and the address every UC Santa Barbara student wants. Sitting in the most active stretch of the street and a short walk from campus, the property offers an ownership position in a fully built out, coastal constrained submarket where new supply does not come to market and demand never lets up. The play is location and a clear income lift rather than current yield. Held under the same ownership for more than 50 years, the asset operates in place as a three bed two bath home has the ability to add an ADU to create additional income at this location.

Goleta CA Residential Income for Sale

6648 Del Playa Drive, a trophy value add opportunity in the heart of Del Playa, the center of the action in Isla Vista and the address every UC Santa Barbara student wants. Sitting in the most active stretch of the street and a short walk from campus, the property offers an ownership position in a fully built out, coastal constrained submarket where new supply does not come to market and demand never lets up. The play is location and a clear income lift rather than current yield. Held under the same ownership for more than 50 years, the asset operates in place as a three bed two bath home has the ability to add an ADU to create additonal income at this location.

GOLETA CA Home for Sale

6624 Sueno Road 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-bedroom, 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.

Goleta CA Home for Sale

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.

Paso Robles CA Land for Sale

This +/-295 acre landholding- currently operating as Jardine Vineyards-presents a premier development opportunity in the rapidly transforming region of Paso Robles, California. Strategically positioned adjacent to the Paso Robles Municipal Airport, the property is located within one of the state's most exciting emerging tech corridors, combining logistical strength with long-term economic momentum. Few sites of this scale exist within a city-backed innovation corridor supported by public funding, workforce partnerships, and active spaceport development initiatives. Situated just minutes from US Highway 101 and State Route 46, the site provides seamless access to major regional transportation networks, offering a compelling advantage for distribution, logistics, and light industrial users. Its proximity to the Paso Robles Airport further enhances its appeal for aerospace, R&D, and advanced manufacturing operations. Paso Robles is no longer defined solely by its wine country heritage. Over the past decade, the city has seen a marked increase in technology investment, aerospace innovation, and clean manufacturing. The property's location within the Paso Robles 'Innovation & Tech Corridor' makes it one of the few large-scale parcels suitable for master-planned industrial or business park development.

Paso Robles CA Land for Sale

This +/-295 acre landholding- currently operating as Jardine Vineyards-presents a premier development opportunity in the rapidly transforming region of Paso Robles, California. Strategically positioned adjacent to the Paso Robles Municipal Airport, the property is located within one of the state's most exciting emerging tech corridors, combining logistical strength with long-term economic momentum. Few sites of this scale exist within a city-backed innovation corridor supported by public funding, workforce partnerships, and active spaceport development initiatives. Situated just minutes from US Highway 101 and State Route 46, the site provides seamless access to major regional transportation networks, offering a compelling advantage for distribution, logistics, and light industrial users. Its proximity to the Paso Robles Airport further enhances its appeal for aerospace, R&D, and advanced manufacturing operations. Paso Robles is no longer defined solely by its wine country heritage. Over the past decade, the city has seen a marked increase in technology investment, aerospace innovation, and clean manufacturing. The property's location within the Paso Robles 'Innovation & Tech Corridor' makes it one of the few large-scale parcels suitable for master-planned industrial or business park development.

Santa Barbara CA Residential Income for Sale

New 2023 remodeled multifamily asset locate on the corner of W. Padre and De La Vina Streets. This multifamily investment property consists of eight (8) 1 bedroom | 1 bathroom apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing and electrical upgrades, and landscaping. This garden-style apartment complex also features on-site laundry and parking, convenient freeway access and walking distance to various restaurants, markets and many other amenities.

Santa Barbara CA Residential Income for Sale

New 2023 remodeled multifamily asset location on the corner of W. Padre and De La Vina Streets. This multi-family investment property consists of eight (8) 1 bedroom, 1 bath apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing and electrical upgrades, and landscaping. This garden-style apartment complex also features on-site laundry and parking, convenient freeway access and walking distance to various restaurants, markets and many other amenities.

Santa Barbara CA Commercial Sale for Sale

517 Chapala Street is an entitled 0.26-acre redevelopment site in downtown Santa Barbara, one block off State Street. The 11,325 SF C2-zoned lot currently operates as a car dealership, with residential entitlements providing a head start or flexibility for a new vision. Institutional investment is reshaping the area, including UC Regents' acquisition across the street and Yardi's HQ relocation nearby, bringing 600 employees into the district. With strong frontage and walkable access to State Street, Amtrak, and the waterfront--and with housing demand far outpacing supply--517 offers a rare shovel-ready opportunity in a highly constrained coastal market.

Santa Barbara CA Commercial Sale for Sale

428 Chapala St. is a 3,020 SF freestanding commercial building on a 16,117 SF parcel in downtown Santa Barbara, offered at $2,750,000. Currently a fully built-out restaurant with 30+ parking spaces and a 480 SF basement, the property is occupied month-to-month, providing income with immediate flexibility for owner-user occupancy or redevelopment. Recent upgrades include ADA improvements, restrooms, building systems, and interior finishes, creating a turnkey commercial kitchen. A rare opportunity for restaurateurs, owner-users, or investors in one of the strongest Central Coast corridors.

Santa Barbara CA Commercial Sale for Sale

517 Chapala Street is an entitled redevelopment site in the heart of downtown Santa Barbara, one block off State Street. The +/-11,325 SF lot (0.26 acres) is zoned C2 and currently operates as a used car dealership, but its value lies in what comes next. The seller holds entitlements for a residential development, giving the next owner a head start if they choose to carry those plans forward, or the flexibility to take the site in a different direction. Contact the listing team for entitlement details.The timing aligns with a wave of institutional investment reshaping the downtown core. UC Regents acquired a property directly across the street last year, and Yardi Systems is relocating its corporate headquarters to Paseo Nuevo two blocks away, bringing roughly 600 employees into the immediate area. With strong Chapala Street frontage, walkable access to State Street retail, the Amtrak station, and the waterfront, and residential demand running well ahead of supply, 517 Chapala offers a rare shovel ready position in one of California's most supply constrained coastal markets.

Santa Barbara CA Commercial Sale for Sale

428 Chapala St. is a +/-3,020 SF freestanding commercial building on a +/-16,117 SF parcel (0.37 AC) in the heart of downtown Santa Barbara, offered at $2,750,000. Operating today as a fully functional restaurant and formerly home to Sevilla, the property pairs 30 plus on site parking spaces with a +/-480 SF basement, making it an exceptionally rare downtown asset. It is occupied on a month to month basis and available on short notice for owner user occupancy or redevelopment.The building has been significantly upgraded in recent years, including restrooms, ADA work, building systems, and interior finishes, and is improved as a turnkey commercial kitchen. The month to month tenancy delivers income in place today with the flexibility to take occupancy or reposition on short notice. An owner user or restaurant operator can step into a fully built out, revenue generating F&B asset with an established dining pedigree, while an investor holds a leased property in one of the strongest corridors on the Central Coast.

LOMPOC CA Residential Income for Sale

310 South H St is located in a prime area of Lompoc, just south of Ocean Avenue on the central street of South H, & is a fully renovated, turn-key, cash-flowing asset. This 8-unit multifamily property has undergone comprehensive upgrades in the past couple of years, making it an exceptional investment opportunity. Each unit features brand-new luxury vinyl plank (LVP) flooring, stainless steel refrigerators & stoves, new plex & water lines, modern wall heaters w/ thermostat controls, and tankless water heaters for maximum efficiency. The property includes a desirable unit mix of (6) 1BD/1BA units & (2) 2BD/1BA units, with off-street parking for 8 vehicles. With a strong 5.46% current CAP rate, 310 South H Street is the definition of a low-maintenance, high-yielding investment opportunity!

LOMPOC CA Residential Income for Sale

130 North G St is a well-maintained, turn-key multifamily property located on a prominent corner lot at Walnut Avenue and G Street in the heart of Lompoc, just north of Ocean Avenue. This 7-unit property offers a mix of (5) 1BD/1BA units, (1) 2BD/1BA unit, and (1) 2BD/2BA single-family home. The property consists of three distinct buildings: a duplex, a four-unit apartment building, and a single-family home. Every unit (with the exception of the SFH) has been fully renovated with luxury vinyl plank (LVP) flooring, stainless steel appliances, new plex and water lines, modern wall heaters with thermostat controls, and tankless water heaters. Five separately leased parking garages generate additional annual storage income, adding further value to this investment.

GOLETA CA Residential Income for Sale

Wonderfully maintained student housing asset in the heart of Isla Vista, and blocks from the University of California, Santa Barbara, consisting of ten 1 bedroom apartments. Units feature laminate flooring, new windows and updated kitchen cabinetry, backsplash and countertops. Downstairs units have large enclosed patios while upstairs units offer wood beamed ceilings. Exterior of building has recently received fresh paint and landscaping. Tenants enjoy the convenience of a private 10 space parking lot and on-site coin operated laundry. This asset is just a small walk to the beach and Isla Vista's eateries while being only a short distance from UCSB's campus. This is the perfect opportunity to add student housing to your investment portfolio!

SANTA BARBARA CA Residential Income for Sale

New 2023 remodeled multifamily asset located on the corner of W. Padre and De La Vina Streets. This multifamily investment property consists of eight (8) 1BD/1BA apartments in close proximity to Cottage Hospital and Downtown Santa Barbara. Renovations include new exterior and interior cosmetic upgrades, plumbing & electrical upgrades, and landscaping. This garden-style apartment complex also features on-site laundry and parking, convenient freeway access and walking distance to various restaurants, markets and many other amenities.

Santa Barbara CA Residential Income for Sale

Located in Downtown Santa Barbara is Crystal Apartments--a 6-unit apartment building consisting of all 2BD/1BA units, averaging approximately 1,000 square feet. The size of these units sets them apart from most 2BD rentals on the market. The property provides six carport parking stalls, patios, decks. spacious walk-in locking storage, and common laundry room. This excellent located property offers proximity to shopping, restaurants, services and amenities in both downtown Santa Barbara and Upper State Street, while the nearby self-rental bike station and bus stop provide further convenience for tenants. Do not disturb tenants and do not enter property without Listing Agent present. See ''more'' The current rents are approximately 15% below market allowing a new owner reasonable access tp market rent through a couple cycles of Rent Increase per AB 1482. Please call listing agent for more information and a link to property documents including: General Building Inspection, SB721 Inspection Inspection, Pest Inspection, Roof Inspection, property photos and financials.

Goleta CA Residential Income for Sale

Welcome to 6591 Cordoba Rd, a well positioned 5-unit multifamily property in the center of Isla Vista--just minutes the beach. On a 7,840 SF lot, this asset offers strong rental demand, consistent income, and longterm upside in one of Santa Barbara County's most sought-after rental markets. Each unit is designed for comfort and efficiency, with features like private balconies and ample parking. With its strategic location and proven rental performance, the property is ideal for investors seeking stability and growth in a high-demand student housing corridor. 5.32% CAP RATE

San Luis Obispo CA Residential Income for Sale

3380 Bullock Lane presents a rare opportunity to acquire a turn-key, pride of ownership multifamily asset in one of San Luis Obispo's most sought-after rental markets. The 8-unit property has been meticulously maintained and thoughtfullyupgraded, featuring modern interiors with luxury vinyl plank flooring, updated kitchens with stainless-steel appliances, and spacious open-concept living areas with private patios. The building demonstrates strong in-place rents and steady operational performance, offering both secure income and upside potential through continued rent growth in a supply-constrained submarket. Residents enjoy convenient access to Downtown SLO, Cal Poly University, and major employers, with abundant on-site parking and on-site laundry facilities. With a current CAP rate of 4.8% and a market CAP rate approaching 5.2%, this property provides an attractive blend of yield, stability, and long-term appreciation. 3380 Bullock Lane is the ideal acquisition for an investor seeking a well-positioned, low-maintenance asset in a thriving Central Coast market--perfect for 1031 exchange buyers or those looking to expand their portfolio with a high-quality multifamily property in San Luis Obispo. Laundry is on-site coin-operated laundry facilites.

Santa Barbara CA Residential Income for Sale

3445 & 3449 Richland combined. Fourteen of the Sixteen units have been renovated with upgraded interiors, offering strong rental appeal and reduced near-term capital needs. The property has received substantial plumbing improvements, including new sewer connections to the street, ensuring long-term infrastructure reliability. With consistently high occupancy, minimal vacancy, and a proven record of professional maintenance, this garden-style community represents a stable, well-performing asset with upside potential through continues modernization and rent growth.

Santa Barbara CA Residential Income for Sale

3445 & 3449 Richland combined. Fourteen of the Sixteen units have been renovated with upgraded interiors, offering strong rental appeal and reduced near-term capital needs. The property has received substantial plumbing improvements, including new sewer connections to the street, ensuring long-term infrastructure reliability. With consistently high occupancy, minimal vacancy, and a proven record of professional maintenance, this garden-style community represents a stable, well-performing asset with upside potential through continued modernization and rent growth.

Isla Vista CA Residential Income for Sale

Welcome to 6591 Cordoba Rd, a well-positioned 5-unit multifamily property in the center of Isla Vista-just minutes to the beach. On a 7,840 SF lot, this asset offers strong rental demand, consistent income, and long-term upside in one of Santa Barbara County's most sought-after rental markets. Each unit is designed for comfort and efficiency, with features like private balconies and ample parking. With its strategic location and proven rental performance, the property is ideal for investors seeking stability and growth in a high-demand student housing corridor. 5.32% CAP Rate.

Lompoc CA Residential Income for Sale

516-520 N U Street presents a prime value‑add multifamily opportunity in the City of Lompoc. The property consists of ten 1‑bed/1‑bath units with current rents notably below market, offering substantial upside through strategic renovations and rent repositioning. Situated on a 13,938 SF lot, the asset benefits from steady local rental demand and proximity to key employers, services, and community amenities. With clear pathways to enhance income and long‑term value, this offering is well‑suited for investors seeking growth potential in a supply‑constrained Central Coast market.

Goleta CA Residential Income for Sale

Positioned on the iconic Del Playa corridor in Goleta, 6516 Del Playa presents a rare two-unit investment opportunity featuring a 3BD/2BA main residence and a 3BD/3BA ADU -- both fully leased through the 26/27 academic year. Priced at $2,325,000, the property generates $17,000/month in combined rental income with an NOI stepping from $130,663 to $141,073 year-over-year. The 26/27 leases are already in place, providing immediate cash flow certainty and a clear path to a 6.07% cap rate. With limited inventory and perpetual student housing demand driven by UCSB, this asset offers investors a compelling blend of current income and long-term appreciation in one of Santa Barbara County's most sought-after rental markets.

Goleta CA Residential Income for Sale

6880 Pasado Rd. is a fully-leased two-unit income property in Isla Vista delivering consistent, stabilized cash flow with a steady 6.24% cap rate through the 26/27 lease term

Goleta CA Home for Sale

Positioned on the iconic Del Playa corridor in Goleta, 6516 Del Playa presents a rare two-unit investment opportunity featuring a 3BD/2BA main residence and a 3BD/3BA ADU -- both fully leased through the 26/27 academic year. The property generates 17,000/month in combined rental income with an NOI stepping from 130,663 to 141,073 year-over-year. The 26/27 leases are already in place, providing immediate cash flow certainty and a clear path to a 6.07 cap rate. With limited inventory and perpetual student housing demand driven by UCSB, this asset offers investors a compelling blend of current income and long-term appreciation in one of Santa Barbara County's most sought-after rental markets. *SF is Est.

Goleta CA Home for Sale

This student housing investment property features a 4-bedroom, 2-bathroom home and a brand-new detached 3-bedroom, 3-bathroom ADU, offering an attractive unit mix and strong rental performance. The property is fully leased through 2027 and projects a 6.24 cap rate for the 2026-2027 school year. The main residence features wood floors and pitched ceilings, while palm tree-filled yards create a relaxed coastal setting for tenants. Located on the outskirts of Isla Vista, the property offers added privacy while remaining just minutes from UC Santa Barbara, shops, and local beaches.

Goleta CA Residential Income for Sale

Located in the heart of Isla Vista's vibrant rental market, 6880 Pasado Road offers investors a well-positioned duplex with strong income stability, consistent tenant demand, and outstanding long-term potential. Just blocks from UCSB and the beaches of Isla Vista, this property presents an appealing blend of lifestyle desirability and reliable returns. Main house is 4BD/2BA plus a 3BD/3BA ADU. Tenants pay all utilities. Projected 6.24% CAP and 11.55 GRM. Excellent long-term investment in one of California's most resilient student-housing markets.

Goleta CA Residential Income for Sale

Welcome to 6591 Cordoba Rd, a well positioned 5-unit multifamily property in the center of Isla Vista--just minutes the beach. On a 7,840 SF lot, this asset offers strong rental demand, consistent income, and longterm upside in one of Santa Barbara County's most sought-after rental markets. Each unit is designed for comfort and efficiency, with features like private balconies and ample parking. With its strategic location and proven rental performance, the property is ideal for investors seeking stability and growth in a high-demand student housing corridor. 5.32% CAP RATE