6516 Del Playa Dr - Apartments FOR SALE
Isla Vista, CA 93117 |
$2,325,000 USD
805-680-8806
6516 Del Playa Dr
Isla Vista, CA 93117
HIGHLIGHTS
- Fully leased two-unit property generating approximately $17,000 in monthly rental income.
- Includes a main 3BD/2BA residence and a 3BD/3BA accessory dwelling unit.
- Located in Isla Vista’s established student housing corridor near UCSB.
- Positioned in a high-demand rental market with consistent occupancy trends.
- Close to beaches, local amenities, and major transportation routes.
OVERVIEW
Discover an exceptional coastal investment property located on the highly coveted Del Playa Drive in Isla Vista. With unobstructed ocean views, strong rental demand, and
unmatched proximity to UCSB, 6516 Del Playa presents a rare opportunity to own a premier asset in one of California’s most resilient and sought-after rental markets.
FOR SALE DETAILS
PRICE
$2,325,000 USD
PRICE/SF
$1,239 USD /SF
# OF UNITS
2
PRICE/UNIT
$1,162,500
CAP RATE
6.07%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1989
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.1 AC
LAND SF
4,356 SF
ZONING
SRM18
APN/PARCEL ID
075-222-019
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805-680-8806
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805-680-8806
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