6615 Sabado Tarde Road, Goleta, CA 93117
Property
Sold April 2026
Listing Agent: Jake Glaser (DRE #02128816) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Spencer Chan · Lyon Stahl Investment Real Estate, Inc. · MLS #26654663 · Source: CRMLS
How this sale compares
6615 Sabado Tarde Road sold for $1,680,000 in April 2026, 4.0% under its $1,750,000 list price, after 14 days on the market. That works out to $764 per square foot on 2,200 square feet. Across 22 closed sales in 93117 over the last 12 months, the median sold price is $975,000 and the median is $720 per square foot, 5.8% below this sale's $764.
| Quarter | Closed sales in 93117 | Median sold price |
|---|---|---|
| Q1 2026 | 1 | $900,000 |
| Q2 2026 | 11 | $1,725,000 |
| Q3 2026 | 9 | $299,950 |
| Q4 2026 | 1 | $1,925,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Goleta · Homes for sale in 93117
Description
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.
Listing description from the April 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 6615 Sabado Tarde Road
6516 Del Playa Drive: Sold $2,227,000 · Jun 2026 · 0.3 mi
Colliers International | DRE #01970736
Buyer's agent: Non Member, Unknown Agency6789 Sabado Tarde Road: Sold $1,850,000 · 6 bd · 3 ba · 2,200 sqft · Apr 2026 · 0.4 mi
Lyon Stahl Investment Real Estate, Inc. | DRE #02128816
Buyer's agent: Jake Glaser, Lyon Stahl Investment Real Estate, Inc. | DRE #02128816516 Mills Way: Sold $2,110,000 · 4 bd · 4 ba · 1,850 sqft · Jun 2026 · 1.2 mi
Evans Realty & Investments | DRE #01421487
Buyer's agent: Sandy Mathers, Century 21 Masters | DRE #01713423406 Ellwood Beach Drive: Sold $3,235,000 · 16 bd · 12 ba · 6,819 sqft · Jul 2026 · 1.8 mi
Matthews Real Estate Investment Services | DRE #01325901
Buyer's agent: Michael Lopus, Colliers International | DRE #019707367392 Freeman Place: Sold $1,400,000 · 5 bd · 3 ba · 2,437 sqft · Apr 2026 · 1.9 mi
Matthews Real Estate Investment Services | DRE #01325901
Buyer's agent: Subscriber Non, Non-Participant Office | DRE #132527465 Hollister Avenue 130: Sold $609,425 · 2 bd · 2 ba · 960 sqft · Aug 2026 · 2.0 mi
Keller Williams Santa Barbara | DRE #01299477
Buyer's agent: Non Member, Unknown Office7368 Hollister Avenue 56: Sold $247,000 · 1 bd · 1 ba · 490 sqft · May 2026 · 2.0 mi
Dalton Real Estate | DRE #00959147
Buyer's agent: NONE NONE, None MRML | DRE #N/A7116 Madera Drive: Sold $900,000 · 3 bd · 2 ba · 1,125 sqft · Jan 2026 · 2.0 mi
Metzner Realty | DRE #01734850
Buyer's agent: Paul Metzner, Metzner Realty | DRE #01734850
Closed sales reported in 93117, nearest first, last 12 months. All recent sales in Goleta →