6615 Sabado Tarde Road, Goleta, CA 93117, Goleta, 93117 - 4 bed, 2 bath

6615 Sabado Tarde Road, Goleta, CA 93117 home-pic-0

6615 Sabado Tarde Road

Goleta, CA 93117

ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,800Sq Ft
4,792Lot Size

Property Price

LIST PRICE$1,750,000

SUMMARY

Analysis of 6615 Sabado Tarde Road, Goleta, CA 93117 is currently available with a list price of $1,750,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Goleta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property underwent comprehensive renovations in 2014 (10 years ago), including a new roof, gutters, and full interior updates. It is move-in ready with durable finishes designed for student housing, fitting the criteria for a property renovated within the 5 to 15-year range.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Coastal Location

    Situated just steps from the coastline and adjacent to UC Santa Barbara, this property occupies a premier position in a high-demand rental market with a consistent student tenant base.

  • Significant Revenue Upside

    With current rents approximately 25% below market value, there is a clear opportunity for investors to increase income and stabilize the asset at a 5.7% CAP rate in the next leasing cycle.

  • Superior Tenant Amenities

    The inclusion of parking for five vehicles and a large rooftop deck provides a significant competitive advantage in the dense Isla Vista submarket, where such features are highly coveted.

CONSRISKS & DEFICIENCIES

  • Non-Permitted Living Space

    The functional footprint relies on converted garage space and bonus rooms rather than fully legal square footage, which may complicate financing or future appraisal valuations.

  • High-Occupancy Wear

    As a dedicated student rental originally built in 1960, the property is subject to the heavy wear and tear associated with high-density turnover, requiring diligent maintenance and capital reserves.

About 6615 Sabado Tarde Road

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.

Property Details

Public Facts

Property Type
Residential Income
Year Built
1960
Lot Size
4,792 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.0-
89%
Baths2.0-
89%
Square foot1,800-
78%
Lot Size4,7925,663
44%
Price$1.75M$2.10M
33%
Price per sq ft$972$0
56%
Built year19601960
50%
HOA$0$0
50%
Days on market15220
11%

Pricing History

Listed for Sale

Feb 20, 2026

$1,750,000

Initial Listing

Sold

Feb 26, 2014

$1,035,000

Public Record

Sold

Mar 28, 2003

$730,000

Public Record

Sold

Jan 23, 2002

$485,000

Public Record

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