6789 Sabado Tarde Rd, Goleta, CA 93117

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.