6516 Del Playa Drive | Image 1
New
6516 Del Playa Drive | Image 2
6516 Del Playa Drive | Image 3
6516 Del Playa Drive | Image 4
6516 Del Playa Drive | Image 5
6516 Del Playa Drive | Image 6
6516 Del Playa Drive | Image 7

$2,325,000

For Sale

A day ago

MLS® 26-771

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 1
Approx. Age 1989
MLS® Number 26-771

Property Address: 6516 Del Playa Drive, Goleta, CA, 93117

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26-771
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1989
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 11, 2026List Date
$2,325,000List Price
  • Commute

Commute

Starting Address
Destination Address
6516 Del Playa Drive, Goleta, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties