6528 Sabado Tarde Road, ISLA VISTA, CA 93117
$4,800,000
Property Type:
Res Inc
Square Footage:
7,851
Lot Size (sq. ft.):
9,582
Status:
Closed
Current Price:
$4,800,000
List Date:
9/18/2024
Last Modified:
12/18/2025
Description
Mixed-use property in the premium student housing market & college business district
of Isla Vista. Located just off the ''Loop'', one block from UCSB's campus and just a few blocks away from the beach, this offering consists of two adjoining parcels that provide outstanding
investment fundamentals & the very best of the coastal college lifestyle. 6528 Sabado Tarde is a fourplex (all 2 bed + 2 bath units). 6529 Trigo Road is a mixed-use property comprised of 7 units (4 residential studios & 3 ground floor commercial studios). All residential units are leased through the 24/25 school year with upside in obtaining market rents for the 25/26 school year. Additionally, 2 of the 3 commercial units are leased out at market rents.
Supplements: Zoning SR-H-20 6529 Trigo Rd Building Size 4,431SF Lot Size 4,792 SF APN 075-173-035 Units 4 studios & 3 commercial Parking 5 spaces Zoning C-2
More Information MLS# 24-3124
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: F13
Cross Street: Embarcadero Del Nort
Walk Score: 77
Bike Score: 100
District: 30 - SB/GOL SOUTH
Street #: 6528
Street Name: Sabado Tarde
Street Suffix: Road
State: CA
Postal Code: 93117
County: Santa Barbara
Parcel Number: 075-173-036
Property Information
Year Built: 0
Stories: 2
Apx Lot SqFt: 9582
Main House SqFt: 7851
Recurring Fees: No
Number of Units: 8
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Gol Valley
High School: Dos Pueblos
Owner Info
Deposit: 150000
Remarks
Hot Sheet Comment: new
Miscellaneous
Parking Spaces: 9
Proximity
Near Bus: 1
Near Hospital: 1
Near Ocean: 1
Near Park(s): 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Unit 1
# Units: 4
# Bedrooms: 2
# Baths: 2
# Half Baths: 0
Furnished: N
Rent: 3700
Monthly Total: 14800
Income/Expenses
Total Monthly Income: 31947
Other Income: 3034
Annual Income: 386392
Gross Rent Multiplr: 12.94
Capitalization Rate: 5.22
Estimated: 1
Total Annual Exp: 109826
NOI: 261111
Unit 2
# Units: 4
# Bedrooms: 0
# Baths: 1
Rent: 2079
Monthly Total: 8316
Zoning
Other: 1
Reports Available
Other: 1
Terms
Cash: 1
Listing Type
ER: 1
Unit 3
# Units: 3
Monthly Total: 8832
Meters
Sep Meter Elec: Y
Sep Meter Gas: Yes
Parking Info
Outside: 1
Contract Info
Current Price: $4,800,000
Price: 5000000
Begin Date: 2024-09-18
Status: Closed
Status Information
Sold Date: 2024-12-19
Sold Price: $4,800,000
Under Contract Date: 2024-11-20
Property Features
Parking Info: Outside
Proximity: Near Bus; Near Hospital; Near Ocean; Near Park(s); Near School(s); Near Shopping
Laundry: Laundry Room
Zoning: Other
Reports Available: Other
Terms: Cash
Listing Type: ER
Listing Office:
Hayes Commercial Group
Last Updated: December - 18 - 2025
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