6622 Del Playa Dr - Apartments FOR SALE


Goleta, CA 93117- Isla Vista
$3,000,000 USD
805-680-8806
6622 Del Playa Dr, Goleta, CA for Sale
$3,000,000 USD
Apartments - FOR SALE
1/10
null | 4.9% Cap Rate

6622 Del Playa Dr
Goleta, CA 93117
Isla Vista


HIGHLIGHTS

  • Oceanfront location steps from the beach and UCSB
  • Three fully leased units with strong rental history
  • ADU with 3 beds and 3 baths for premium income
  • Tenants pay utilities; water bill-back in place
  • Projected 5.68% cap rate for 2026/27 school year
  • Surrounded by tech employers and retail amenities

OVERVIEW

Welcome to 6622 Del Playa, a rare 3-unit multifamily property located in the heart of Isla Vista’s coveted oceanfront corridor. Just steps from the beach, this building sits on a 4,791 SF lot, offering unbeatable access to UCSB, vibrant coastal life, and breathtaking ocean views. With strong market demand and proximity to the ocean, this property is ideal for investors seeking stable cash flow and long-term appreciation in one of Santa Barbara County’s most dynamic rental markets.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$1,634 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,000,000

CAP RATE

4.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,791 SF

ZONING

SRM18

APN/PARCEL ID

075-201-026

ASK ABOUT THIS PROPERTY

Mike LopusColliersMore Info
805-680-8806

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Mike LopusColliersMore Info
805-680-8806

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