6565 Sabado Tarde Road, Isla Vista, CA 93117

Isla Vista
Local realty services provided by:ERA Donahoe Realty
6565 Sabado Tarde Road,Isla Vista, CA 93117
$11,300,000
  • - Beds
  • - Baths
  • 14,188 sq. ft.
  • Multi-family
  • Active
Listed by: steven golis
Office: radius group commercial re805-455-6891
MLS#:V1-36880
Source:CRMLS

Price summary

  • Price:$11,300,000
  • Price per sq. ft.:$796.45

About this home

6565 Sabado Tarde is a two-building, 19-unit student housing asset just over a block away from the UC Santa Barbara campus and one block from the beach, the two factors that drive leasing velocity and rent premiums in Isla Vista. The property offers 55 beds across 30 bedrooms in a mix of thirteen 1BD/1BA units and six townhomes (one 2BD and five 3BD), and is rented by the unit, giving a new owner clear levers on rent growth and turnover-driven repricing each academic year. The units present in turn-key condition, with updated interiors--vinyl plank flooring, refreshed kitchens, and solid appliances. Projected 2026/27 income of $857,952, plus $54,871 in other income from parking, RUBS, and laundry, supports an NOI of $622,060 and a 5.50% cap rate at the asking price.Isla Vista is the primary off-campus housing market for UCSB, whose enrollment sits at roughly 26,000 students. That scarcity has driven steady long-term rent growth: the submarket is roughly 99% renter-occupied with...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1967
  • Listing ID #:V1-36880
  • Added:6 day(s) ago
  • Updated:June 15, 2026 at 10:27 AM

Rooms and interior

  • Kitchen Description:Gas Oven, Refrigerator
  • Living area:14,188 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1967
  • Building area:14,188 sq. ft.
  • Lot area:0.3 Acres

Finances and disclosures

  • Price:$11,300,000
  • Price per sq. ft.:$796.45

Features and amenities

  • Amenities:Water Heater

Parking

  • Total parking spaces:19
  • Parking description:9 Carport Space(s)
  • Carport spaces:9
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA Donahoe Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Donahoe Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 6565 Sabado Tarde Road