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6615 Sabado Tarde Rd - 6615 Sabado Tarde Rd 2 Unité Immeuble d’habitation offert à 2 396 397 $ CAD à un 4,11% taux de capitalisation Isla Vista, CA 93117
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Coastal duplex located in Isla Vista built in 1960. Perfect rental for UC Santa Barbara students.
- Legal SF of 1,800 SF, converted garage space adds additional livable SF totaling 2,200 SF. Parking can accommodate 5 vehicles.
- Can easily stabilize to a 5.7% CAP RATE once re-rented to new students for the '26/'27 school year.
- Mix of (1) 2-bed / 1-bath and (1) 4-bed / 2-bath. 4-bed / 2-bath unit consists of legal 2-bed / 1-bath plus (2) bonus bedrooms and (1) bonus bathroom.
- Huge rooftop deck for upstairs unit tenants. Full renovations in 2014 included new roof, new gutters, full interior renovations & exterior paint.
- Incredible rare opportunity for investors to own a high demand student rental at a top university. 1 block from Camino Del Sur Beach.
Résumé de l'annonce
The Glaser Group is pleased to present 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.
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.
Faits sur la propriété
| Prix | 2 396 397 $ CAD | Taille du lot | 0,11 AC |
| Prix par unité | 1 198 199 $ CAD | Taille du bâtiment | 2 200 pi² |
| Type de vente | Investissement | Occupation moyenne | 100% |
| Taux de capitalisation | 4,11% | Nombre d’étages | 2 |
| Multiplicateur du loyer brut | 15.85 | Année de construction | 1960 |
| Nombre d’unités | 2 | Ratio de stationnement | 2,27/1 000 pi² |
| Type de propriété | Immeuble residentiel | ||
| Zonage | SR-M-18 | ||
| Prix | 2 396 397 $ CAD |
| Prix par unité | 1 198 199 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 4,11% |
| Multiplicateur du loyer brut | 15.85 |
| Nombre d’unités | 2 |
| Type de propriété | Immeuble residentiel |
| Taille du lot | 0,11 AC |
| Taille du bâtiment | 2 200 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1960 |
| Ratio de stationnement | 2,27/1 000 pi² |
| Zonage | SR-M-18 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 4+2 | 1 | - | - |
1 1
Walk Score®
Très pratique à pied (77)
Bike Score®
Un paradis pour un cycliste (100)
Impôts fonciers
| Numéro de lot | 075-201-063 | Évaluation des bâtiments | 814 144 $ CAD |
| Évaluation du terrain | 923 257 $ CAD | Évaluation totale | 1 737 400 $ CAD |
Impôts fonciers
Numéro de lot
075-201-063
Évaluation du terrain
923 257 $ CAD
Évaluation des bâtiments
814 144 $ CAD
Évaluation totale
1 737 400 $ CAD
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6615 Sabado Tarde Rd - 6615 Sabado Tarde Rd
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