6553 Del Playa Dr - Apartments FOR SALE


Goleta, CA 93117- Isla Vista
$1,600,000 USD
805-698-0174
6553 Del Playa Dr, Goleta, CA for Sale
$1,600,000 USD
Apartments - FOR SALE
1/6
null | 5.73% Cap Rate

6553 Del Playa Dr
Goleta, CA 93117
Isla Vista


HIGHLIGHTS

  • Oceanfront student housing property with panoramic Pacific views
  • Significant 27 foot coastal bluff setback that reduces erosion concerns
  • Private balcony and fully fenced outdoor areas that enhance livability
  • Located in a supply constrained micro market defined by persistent demand
  • May be purchased as a part of three property portfolio including 6670 Sueno Rd and 6730 Sabado Tarde Rd, also near the university.

OVERVIEW

Quintessential Isla Vista oceanfront home located on the highly desirable Del Playa Drive. This well-maintained property features 4 bedrooms / 2.5 baths, plus a bonus loft ideal for an additional sleeping area. The exterior showcases charming nautical vibes and offers four parking spaces. The largest upstairs bedroom includes a private balcony with sweeping Pacific Ocean views, while the large, fully fenced patio enhances safety, which is ideal for students. Unlike many oceanfront Del Playa properties, this home has a significant 27’ setback from the cliff edge, helping to mitigate immediate erosion concerns. Just three houses from Pelican Park and a short walk or bike ride to UCSB, as well as Isla Vista’s restaurants and shops, this property offers the perfect blend of location, safety, and coastal living

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,600,000

CAP RATE

5.73%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Student Housing Asset Near UCSB Campus

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

SR-M-8

APN/PARCEL ID

075-213-015

ASK ABOUT THIS PROPERTY

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Steve GolisRadius Commercial Real EstateMore Info
805-698-0174

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.