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.
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.
Tons of potential! Month to month leases on this 6-unit multifamily in prime Goleta with strong rental demand and future upside. Each 2BD/1BA unit offers efficient layouts with patios or decks and mountain views. Amenities include garages with storage, on-site laundry, and ample parking. Located near UCSB, Old Town, and major employers, this property benefits from consistent tenant demand. All tenants are month-to-month with signed estoppels in hand including one year lease rejections - positioning this asset for rent growth and long-term value. ADU Potential.
Welcome to 6591 Cordoba Rd, a well positioned 5-unit multifamily property in the center of Isla Vista--just minutes the beach. On a 7,840 SF lot, this asset offers strong rental demand, consistent income, and longterm upside in one of Santa Barbara County's most sought-after rental markets. Each unit is designed for comfort and efficiency, with features like private balconies and ample parking. With its strategic location and proven rental performance, the property is ideal for investors seeking stability and growth in a high-demand student housing corridor. 5.32% CAP RATE
Goleta is located in California. Goleta, California has a population of 32,677. Goleta is more family-centric than the surrounding county with 35.17% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Goleta, California is $104,830. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Goleta is 35 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 18.1 inches per year, with 0 inches of snow per year.
