6622 Del Playa Drive, GOLETA, CA 93117

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
6622 Del Playa Drive,GOLETA, CA 93117
$3,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:steven j golis
Office:radius group commercial r.e.
MLS#:25-3292
Source:SBAOR

Price summary

  • Price:$3,000,000

About this home

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.

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Home facts

  • Year built:1958
  • Listing ID #:25-3292
  • Added:6 day(s) ago
  • Updated:September 08, 2025 at 08:53 PM

Structure and exterior

  • Year built:1958
  • Lot area:0.11 Acres

Schools

  • High school:Dos Pueblos
  • Middle school:Gol Valley
  • Elementary school:Isla Vista

Finances and disclosures

  • Price:$3,000,000
Based on information from the Santa Barbara MLS as of September 8, 2025 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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