6516 Del Playa DR, Goleta, CA 93117
6516 Del Playa DR, Goleta, CA 93117
6516 Del Playa DR, Goleta, CA 93117
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$2,325,000
Est. payment /mo
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4,356 Sqft Lot
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6516 Del Playa DR Goleta, CA 93117

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-35131

Construction Status Turnkey

HOA Y/N No

Year Built 1989

Lot Size 4,356 Sqft

Property Description

Positioned on the iconic Del Playa corridor in Goleta, 6516 Del Playa presents a rare two-unit investment opportunity featuring a 3BD/2BA main residence and a 3BD/3BA ADU -- both fully leased through the 26/27 academic year. Priced at $2,325,000, the property generates $17,000/month in combined rental income with an NOI stepping from $130,663 to $141,073 year-over-year. The 26/27 leases are already in place, providing immediate cash flow certainty and a clear path to a 6.07% cap rate. With limited inventory and perpetual student housing demand driven by UCSB, this asset offers investors a compelling blend of current income and long-term appreciation in one of Santa Barbara County's most sought-after rental markets.

Location

State CA

County Santa Barbara

Area Glta - Goleta

Interior

Heating Ductless, Wall Furnace

Cooling Ductless, Electric

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range, Refrigerator

Exterior

Parking Features Concrete

Fence Wood

Pool None

Community Features Biking

View Y/N Yes

View Ocean

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Lot Description Sprinklers None

Story Two

Entry Level Two

Level or Stories Two

Construction Status Turnkey

Others

Senior Community No

Tax ID 075222019

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


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Listed by Michael Lopus Colliers International (805) 680-8806, DRE #01970736

Nearby Locations

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OB Juncal

OB Juncal

Broker | License ID: 01484096

+1(760) 994-2404

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6516 Del Playa DR