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Sea View Apartments 6565 Sabado Tarde 19 Unit Apartment Building $15,934,130 CAD ($838,638 CAD/Unit) Goleta, CA 93117
Investment Highlights
- 19 Total Units | Unix Mix: (13) 1BD/1BA; (1) 2BD/1.5BA Townhouses-style; (5) 3BD/1.5BA Townhouse-style
- Parking: 19 Spaces (9 Carport/10 Uncovered)
- NOI: $622,060
- 55 Beds/30 Bedrooms
- '26/'27 Cap Rate: 5.50%
Executive Summary
6565 Sabado Tarde is a two-building, 19-unit student housing asset located just over a block from UC Santa Barbara and one block from the beach — an irreplaceable location that drives strong leasing demand and premium rents.
The property offers 55 beds across 30 bedrooms in a mix of (13) 1BD/1BA apartments and six townhomes — (1) 2BD and (5) 3BD — all leased by the unit, allowing for annual rent growth through turnover.
The units are presented in turn-key condition with updated interiors, including vinyl plank flooring, refreshed kitchens, and quality appliances. Situated in the heart of Isla Vista, residents enjoy walkable access to campus, beaches, dining, and shopping, while benefiting from the strong demand generated by UCSB’s 26,000-student enrollment. Contact Listing Agents for further details.
The property offers 55 beds across 30 bedrooms in a mix of (13) 1BD/1BA apartments and six townhomes — (1) 2BD and (5) 3BD — all leased by the unit, allowing for annual rent growth through turnover.
The units are presented in turn-key condition with updated interiors, including vinyl plank flooring, refreshed kitchens, and quality appliances. Situated in the heart of Isla Vista, residents enjoy walkable access to campus, beaches, dining, and shopping, while benefiting from the strong demand generated by UCSB’s 26,000-student enrollment. Contact Listing Agents for further details.
Property Facts
| Price | $15,934,130 CAD | Building Class | B |
| Price Per Unit | $838,638 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 14,188 SF |
| No. Units | 19 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1967 |
| Property Subtype | Apartment | Parking Ratio | 1.34/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | SR-M-18 - SR-M-18 zoning stands for Suburban Residential – Medium Density – 18 units per acre. | ||
| Price | $15,934,130 CAD |
| Price Per Unit | $838,638 CAD |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 14,188 SF |
| No. Stories | 3 |
| Year Built | 1967 |
| Parking Ratio | 1.34/1,000 SF |
| Zoning | SR-M-18 - SR-M-18 zoning stands for Suburban Residential – Medium Density – 18 units per acre. |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Online Services
- Walk-Up
- Smoke Detector
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 075-212-009 | Improvements Assessment | $7,545,710 CAD |
| Land Assessment | $2,171,485 CAD | Total Assessment | $9,717,195 CAD |
Property Taxes
Parcel Number
075-212-009
Land Assessment
$2,171,485 CAD
Improvements Assessment
$7,545,710 CAD
Total Assessment
$9,717,195 CAD
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Sea View Apartments | 6565 Sabado Tarde
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