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Investment Highlights

  • Ideal location in close proximity to the University of California, Santa Barbara

Executive Summary

Spacious 5-bedroom, 3-bathroom single-family residence located on Sabado Tarde in Isla Vista, just minutes from the University of California, Santa Barbara and one street from the ocean.
The home features a large kitchen with updated appliances and a well-thought-out floor plan offering generously sized bedrooms throughout. A second-floor landing provides a versatile additional living or study space.
Projected rent of approximately $13,000 per month for the 2026–2027 academic year. Additional highlights include laundry located in the garage, ample off-street parking, and an enclosed front yard. The garage offers potential for conversion into an additional bedroom or efficiency unit (buyer to verify), providing further upside.
PURCHASE AS A 3-PROPERTY PORTFOLIO, INCLUDING:
6670 SUENO RD, ISLA VISTA
COTTAGE STYLE DUPLEX W/ 15 OCCUPANTS
$2,695,000
6553 DEL PLAYA DR, ISLA VISTA
OCEANFRONT RESIDENTIAL INCOME PROPERTY W/ 4 BEDROOMS
$1,600,000

Property Facts

Price $1,975,000
Price Per Unit $1,975,000
Sale Type Investment
Cap Rate 4.62%
Gross Rent Multiplier 12.66
No. Units 1
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.12 AC
Building Size 2,173 SF
Average Occupancy 100%
No. Stories 2
Year Built 1989
Parking Ratio 1.84/1,000 SF
Zoning SR-M-8
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
075-142-038
Land Assessment
$565,219
Improvements Assessment
$464,733
Total Assessment
$1,029,952
  • Listing ID: 39147501

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 6730 Sabado Tarde Rd, Goleta, CA 93117

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