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Listed price in listed location currency (USD).
$1,750,000

425

MLS® 26654663

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 1800 sqft
Garage No
HOA Fees 
Taxes 
Days Active 2
Approx. Age 1960
Avg. Price Per Sqft $972
MLS® Number 26654663

Property Address: 6615 Sabado Tarde Road, Goleta, CA, 93117

Average square foot calculated using Size range provided by listing agent.

Description

6615 Sabado Tarde Road is a rare coastal duplex located in the heart of Isla Vista, just steps from the coastline and one block from Camino Del Sur Beach. Built in 1960, the property is currently fully leased to UC Santa Barbara students for the 2025/2026 school year, offering investors immediate income from a proven high-demand rental market. The property consists of a desirable mix of (1) 2-bedroom, 1-bathroom unit and (1) 4-bedroom, 2-bathroom unit. The 4-bedroom layout includes a legal 2-bedroom, 1-bathroom configuration plus (2) additional bonus bedrooms and one bonus bathroom, maximizing rental income potential. The property features approximately 1, 800 square feet of legal living space, with converted garage space expanding the functional footprint to roughly 2, 200 square feet. Parking can accommodate up to five vehicles, a significant amenity in the dense Isla Vista submarket. The upstairs unit also enjoys a large rooftop deck, providing valuable outdoor space highly sought after by student tenants. There is also a large, private backyard for tenant use. The property underwent comprehensive renovations in 2014, including a new roof, new gutters, full interior renovations, and exterior paint. Improvements were thoughtfully designed with student housing in mind, incorporating durable, easily replaceable finishes and low-maintenance upgrades built to withstand high-occupancy turnover. The current rents are approximately 25% below market, and the property can easily stabilize to a 5.7% CAP RATE once re-rented to new students for the '26/'27 school year. Opportunities to acquire a prime, coastal student rental in Isla Vista are exceptionally limited. With its premier location adjacent to UC Santa Barbara, strong pre-leasing history, flexible bedroom configuration, and durable renovations tailored to student accommodations, 6615 Sabado Tarde Road represents an extremely rare chance to own a high-demand rental property at one of California's top universities.
MLS® Number26654663
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1960
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 23, 2026List Date
$1,750,000List Price
  • Commute

Commute

Starting Address
Destination Address
6615 Sabado Tarde Road, Goleta, CA

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