6521 Del Playa Dr | Goleta, CA 93117
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6521 Del Playa Dr
Goleta, CA 93117
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- A++ location on the oceanfront, and almost adjacent to the UC Santa Barbara campus; near to beach access too!
- 5.74% estimated cap rate for current 2024-25 school year, 7.18% estimated cap rate at market rents for 2025-26 school year
- Favorable blufftop geology - one of the best in the area with a long seawall below and engineered caissons; minimal blufftop retreat
- Large units, vaulted ceilings upstairs - potential for additional-bed income, or investigate adding an ADU for even more income potential
PROPERTY FACTS
| No. Units | 5 | Building Size | 6,870 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.16/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | SR-M-8 - Student Residential (SR), Medium Density (M), 8 Units Per Acre (8) | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 6,870 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.16/1,000 SF |
| Zoning | SR-M-8 - Student Residential (SR), Medium Density (M), 8 Units Per Acre (8) |
AMENITIES
UNIT AMENITIES
- Kitchen
- Oven
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 3 | $5,950 | - |
| 4+2 | 1 | $6,800 | - |
| 2+2 | 1 | $3,400 | - |
PROPERTY TAXES
| Parcel Number | 075-223-022 | Improvements Assessment | $1,950,000 |
| Land Assessment | $1,950,000 | Total Assessment | $3,900,000 |
PROPERTY TAXES
Parcel Number
075-223-022
Land Assessment
$1,950,000
Improvements Assessment
$1,950,000
Total Assessment
$3,900,000
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