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6622 Del Playa Drive, 
Goleta, CA 93117

$3,000,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Steven J Golis

Austin Herlihy

Radius Group Commercial R.E.

Colliers International Greater Los Angeles, Inc.

Last updated:

September 8, 2025, 08:53 PM

MLS#

25-3292

Source:

SBAOR

About This Home

6622 Del Playa Drive

EXTREMELY RARE DEL PLAYA ASSET W/ STRONG CASH FLOW & UPSIDE. 6622 Del Playa Dr offers a premier student rental in the heart of Isla Vista—steps from UCSB & the ocean. On IV's most desirable street, this Spanish-style duplex + new 3BD/3BA house (2025) blends cash flow, lifestyle appeal & long-term upside. Front bldg has (2) spacious 3BD/1BA units: top floor w/ balconies, ground floor w/ large patio—highly desirable to students. The secondary residence, leased pre-completion at below-mkt rent, provides clear value-add potential. Fully leased thru 2025-26 yr, property delivers a 4.9% cap w/ stable income & low turnover. With strong demand from UCSB/SBCC & limited supply, this is a rare long-term hold that outperforms for decades.

Home Facts

Multi-Family

Built in 1958

Price Summary

3,000,000

MLS #:

25-3292

Last Updated:

September 8, 2025, 08:53 PM

Added:

7 day(s) ago


Structure

Structure

Year Built:

1958


Lot

Lot Size (Sq. Ft):

4,791


Finances & Disclosures

Finances

Price:

$3,000,000

Source:SBAOR
Based on information from the Santa Barbara MLS as of September 9, 2025 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.