NOT LISTED FOR SALE

6509 Sabado Tarde Rd Santa Barbara, CA 93117

-- Bed
-- Bath
9,988 Sq Ft
1965 Built

Last Sold December 06, 2023

Last sale price $6,325,000 $633 Per Sq Ft

191 Days on Market

Highlights

  • Property is near an ocean
  • Property is near a park
  • 3-minute walk to Little Acorn Park
  • Isla Vista Elementary School Rated A

About This Home

As of December 2023

The 18-unit apartment property consists of sixteen studios and two 3 bed + 2 bath units located directly across the street from the
UCSB campus. The building and units have been upgraded and include balconies, many with ocean views. Tuck under parking and laundry facility are included as well. The majority of the units have been remodeled with tile floors, new or refurbished cabinets, and granite countertops. The current owner has maintained the property well with capital upgrades to the plumbing, electrical, roof, and exterior. PARKING: 18 Tuck Under Parking Spaces + 3 Uncovered Spaces
ZONING: SR-M-18

Last Agent to Sell the Property

Christos Celmayster

Hayes Commercial Group License #01342996 Listed on: 05/03/2023

Co-Listed By

Rob Adams

Hayes Commercial Group License #01344315

Last Buyer's Agent

Steve Golis

Radius Group Commercial R.E. License #00772218

Radius Group Commercial R.E.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Outdoor Features

  • Property is near an ocean

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near a bus stop

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Community Details

  • 18 Units
  • Gross Income $393,816

Listing and Financial Details

  • Assessor Parcel Number 075-221-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1965
  • Income Expenses Annual Income: 393816.0
  • Monthly Income: 391224.0
  • ResoLotFeatures: Near Public Transit
  • Co List Office Mls Id: bhc
  • Co List Office Phone: 805-563-2111
  • Property Information Year Built2: 1965
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Proximity Near Bus: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 075-221-016
  • Zoning: Other

Multi Family

  • Number Of Units Total: 18
  • Annual Gross Income: 393816.0
  • Total Actual Rent: 391224.0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Sold $6,325,000 -7.0% $633 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $6,800,000 -- $681 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-1197

Santa Barbara Multiple Listing Service