EXTREMELY RARE DEL PLAYA ASSET W/ STRONG CASH FLOW & UPSIDE.
6622 Del Playa Dr offers a premier student rental in the heart of Isla Vista—steps from UCSB & the ocean. On IV's most desirable street, this Spanish-style duplex + new 3BD/3BA house (2025) blends cash flow, lifestyle appeal & long-term upside. Front bldg has (2) spacious 3BD/1BA units: top floor w/ balconies, ground floor w/ large patio—highly desirable to students. The secondary residence, leased pre-completion at below-mkt rent, provides clear value-add potential. Fully leased thru 2025-26 yr, property delivers a 4.9% cap w/ stable income & low turnover. With strong demand from UCSB/SBCC & limited supply, this is a rare long-term hold that outperforms for decades.
Pending
$3,000,000
6622 Del Playa Dr, Goleta, CA 93117
6beds
4baths
--sqft
Est.:
Multi Family
Built in 1958
-- sqft lot
$2,869,400 Zestimate®
$--/sqft
$-- HOA
What's special
Spanish-style duplexLarge patio
- 35 days |
- 472 |
- 10 |
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