
Goleta, CA 93117
Please email or text to request the Offering Memorandum. Now available for sale a three-property portfolio in Isla Vista (Goleta, CA 93117): 1. 6839 Sabado Tarde Rd APN 075-182-014 2. 6748 Del Playa Dr APN 075-191-024 3. 6680-6684 Sabado Tarde Rd APN 075-152-059 & 075-152-058
Property is extensive renovation needed.
Built in 1992, the property is 32 years old. According to the criteria, properties over 30 years old without documented renovations are rated as poor, as they typically require significant rehabilitation of original kitchens, bathrooms, and major systems like HVAC and electrical to meet modern safety and functional standards.
Situated in the high-demand Isla Vista area adjacent to UCSB, the property benefits from a consistent and robust student tenant pool, ensuring historically low vacancy rates.
Offered as part of a three-property portfolio, this asset provides a rare opportunity for investors to acquire significant scale in a highly competitive and tightly held coastal market.
Built in 1992, the property is relatively newer than much of the surrounding Isla Vista housing stock, potentially reducing immediate capital expenditure for structural repairs.
The listing price represents a substantial increase from its 2021 sale price, which may compress initial cap rates and require high rental yields to justify the investment.
The student-centric demographic typically involves frequent lease turnovers and higher-than-average maintenance oversight compared to traditional residential income properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 16.0 |
| Baths | 4.0 | 12.0 |
| Square foot | - | 2,237.857 |
| Lot Size | 4,792 | 7,218.286 |
| Price | $3.39M | $2.44M |
| Price per sq ft | $0 | $1.3K |
| Built year | 1992 | 1963 |
| HOA | $0 | $0 |
| Days on market | 91 | 136 |
Sep 22, 2026
$3,390,000
$3,598,000
-6% Price Drop
Initial Listing
Jul 25, 2026
$3,598,000
Initial Listing
Apr 30, 2021
$1,848,000
Public Record