Property
Listing Agent: Jake Glaser (DRE #02128816) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Jake Glaser · Lyon Stahl Investment Real Estate, Inc. · MLS #26654651 · Source: CRMLS
6789 Sabado Tarde Road sold for $1,850,000 in April 2026, 2.8% over its $1,800,000 list price, after 14 days on the market. That works out to $841 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, 14% below this sale's $841.
| 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
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.
Listing description from the April 2026 sale, as reported to CRMLS.
Closed sales reported in 93117, nearest first, last 12 months. All recent sales in Goleta →