CA > Goleta
Goleta, CA 93117,6622 Del Playa DR Drive
Goleta, CA 93117,6622 Del Playa DR Drive
Goleta, CA 93117,6622 Del Playa DR Drive
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$3,000,000
Est. payment /mo
4,792 Sqft Lot
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25-3292

Year Built 1958

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 4792.0

Source Santa Barbara Multiple Listing Service

Property Description

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.

Location

State CA

County Santa Barbara

Exterior

Parking Features Uncovered

Building

New Construction No

Others

Tax ID 075-201-026

Acceptable Financing Cash, Ctnl

Listing Terms Cash, Ctnl

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Listed by Radius Group Commercial R.E.
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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