6615 Sabado Tarde Rd

Goleta, CA 93117

$1,750,000
Price
4
Beds
2
Baths
2,200 Sq. Ft.
$795 / Sq. Ft.
2,200
Sq. Ft.
$795
per Sq. Ft.
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Active Under Contract
Active Under Contract
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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,...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.
  1. Listed by Jake Glaser • DRE #02128816 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
  2. Listed by Spencer Chan • DRE #02197531 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 6615 Sabado Tarde Road

Zoning
SR-M-18
Parcel Number
075201063
Total Units
2.0
Living Area
2200
Source Living Area
Estimated
Area
Isla Vista (ISLA)
Vacancy Rate
0
Lot Size Area
4792
LISTING UPDATED: 03/09/2026 02:01 PM

Property Details for 6615 Sabado Tarde Road

StatusActive Under Contract
MLS #26654663
Days on Market17
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1960
Lot Size0.11 AC / 4,792 SF
CountySanta Barbara County
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Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816; Lyon Stahl Investment Real Estate, Inc., Spencer Chan, DRE #02197531
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Building Information for 6615 Sabado Tarde Road

Stories2Residences-Year Built1960Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

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$10,092 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,812

Property Taxes

$1,280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 6615 Sabado Tarde Road

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2+1, 4+2
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $107,088
  • Net Operating Income: $71,883.00
  • Gross Income: $110,400
  • Cap Rate: 4.11%
  • Gross Rent Multiplier: $15.85
  • Total Annual Expense: 35205
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.11
  • Lot Size Square Feet: 4792
Parking Details
Parking Details
  • Parking Garage: Uncovered, Covered Parking
  • Total Parking: 5
  • Parking Features: Covered, Uncovered
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: None
  • Heating Type: None
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-23-2026
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $7,200.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,200.00
  • Unit Actual Rent: $4,200.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $594,539.00
  • Assessed Improvement Percent: 46.86
  • Assessed Land Value: $674,220.00
  • Assessed Land Percent: 53.14
  • Assessed Total Value: $1,268,759.00

Property History for 6615 Sabado Tarde Road

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Pending - Continue to Show

CLAW #26654663

—
Mar 6, 2026

Pending - Continue to Show

CRMLS #26654663

—
Feb 20, 2026

Listed (Active)

CLAW #26654663

$1,750,000—
Feb 20, 2026

Listed (Active)

CRMLS #26654663

$1,750,000—
Feb 27, 2014

Sold

Santa Barbara AOR #14-257

$1,035,000—
Feb 25, 2014

Sold

Santa Barbara AOR #14-251

$1,035,000—
Feb 19, 2014

Sold (Public Record)

Public Record #410476603

$1,035,000—
Feb 3, 2014

Pending

Santa Barbara AOR #14-251

—
Feb 3, 2014

Pending

Santa Barbara AOR #14-257

—
Jan 27, 2014

Listed (Active)

Santa Barbara AOR #14-257

$1,095,000—
Jan 26, 2014

Listed (Active)

Santa Barbara AOR #14-251

$1,095,000—
Jan 22, 2002

Sold

Santa Barbara AOR #01-3402

$485,000—
Dec 17, 2001

Pending

Santa Barbara AOR #01-3402

—
Nov 11, 2001

Listed (Active)

Santa Barbara AOR #01-3402

$559,000—
Oct 10, 1994

Expired

Santa Barbara AOR #95-134

$325,000—
Oct 9, 1994

Listed (Active)

Santa Barbara AOR #95-134

$325,000—
DateEvent & SourcePrice
03/06/2026

Pending - Continue to Show

CLAW #26654663

—
03/06/2026

Pending - Continue to Show

CRMLS #26654663

—
02/20/2026

Listed (Active)

CLAW #26654663

$1,750,000
02/20/2026

Listed (Active)

CRMLS #26654663

$1,750,000
02/27/2014

Sold

Santa Barbara AOR #14-257

$1,035,000
02/25/2014

Sold

Santa Barbara AOR #14-251

$1,035,000
02/19/2014

Sold (Public Record)

Public Record #410476603

$1,035,000
02/03/2014

Pending

Santa Barbara AOR #14-251

—
02/03/2014

Pending

Santa Barbara AOR #14-257

—
01/27/2014

Listed (Active)

Santa Barbara AOR #14-257

$1,095,000
01/26/2014

Listed (Active)

Santa Barbara AOR #14-251

$1,095,000
01/22/2002

Sold

Santa Barbara AOR #01-3402

$485,000
12/17/2001

Pending

Santa Barbara AOR #01-3402

—
11/11/2001

Listed (Active)

Santa Barbara AOR #01-3402

$559,000
10/10/1994

Expired

Santa Barbara AOR #95-134

$325,000
10/09/1994

Listed (Active)

Santa Barbara AOR #95-134

$325,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6615 Sabado Tarde Road

Taxable ValueLand$674,220Additions$594,539Total$1,268,759
Tax Record2025$15,364 ($1,280 / month)
Home Facts
Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtLot Size4,791 SqFtStyleDuplexYear Built1960CountySANTA BARBARAAPN075-201-063

Schools near 6615 Sabado Tarde Road

This home is within Goleta Union Elementary School District.
Rating
School
Type
Grades
Distance
Isla Vista Elementary School
Public - K to 6
Goleta Valley Junior High School
Public - 7 to 8
Dos Pueblos Senior High School
Public - 9 to 12
Santa Barbara Charter School
Charter - K to 8
Rating
School
Distance
Isla Vista Elementary School
PublicK to 6

Goleta Valley Junior High School
Public7 to 8

Dos Pueblos Senior High School
Public9 to 12

Santa Barbara Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816; Lyon Stahl Investment Real Estate, Inc., Spencer Chan, DRE #02197531

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.