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Listed price in listed location currency (USD).
$1,800,000

634

MLS® 26654651

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2200 sqft
Garage Yes
HOA Fees 
Taxes 
Days Active 2
Approx. Age 
Avg. Price Per Sqft $818
MLS® Number 26654651

Property Address: 6789 Sabado Tarde Rd, Goleta, CA, 93117-4905

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

Description

6789 Sabado Tarde Road is a coastal duplex ideally located in the heart of Isla Vista, just one block from Camino Del Sur Beach and south of Pasado Road. Built in 1968, this well-positioned property is currently rented to UC Santa Barbara students for the 2025/2026 school year, providing immediate income from one of the strongest student housing markets in California. The property consists of (2) spacious 3-bedroom, 2-bathroom units averaging approximately 1, 100 square feet each (per City records). The large layouts are highly attractive to students seeking shared housing arrangements. The property also features a sizable front yard and a large upstairs balcony, offering valuable outdoor space that enhances tenant appeal in this beachside community. Parking includes two tandem stalls accommodating up to four vehicles.. Additional features include forced air heating in each unit and an on-site laundry room equipped with (1) washer and (1) dryer, providing added convenience for residents. In 2014, the property underwent comprehensive renovations, including a new roof, new gutters, full interior upgrades, and exterior paint. Improvements were thoughtfully designed with student housing in mind, incorporating durable, low-maintenance finishes suited for high-occupancy use and long-term performance. The current rents are approximately 25% below market, and the property can easily stabilize to a 5.51% CAP RATE once re-rented to new students for the '26/'27 school year. Opportunities to acquire a coastal duplex in Isla Vista are exceptionally limited. With its prime location adjacent to campus, strong pre-leasing history, large unit sizes, and durable renovations tailored to student accommodations, 6789 Sabado Tarde Road represents a rare opportunity to own a premier student rental property at one of California's top universities.
MLS® Number26654651
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age
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
$1,800,000List Price
  • Commute

Commute

Starting Address
Destination Address
6789 Sabado Tarde Rd, Goleta, CA

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