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Investment Highlights

  • Garage conversion potention
  • Tenants pay ALL Utilities
  • ADU potential

Executive Summary

Colliers is pleased to present 6648 Del Playa Drive, a trophy value add opportunity in the heart of Del Playa, the center of the action in Isla Vista and the address every UC Santa Barbara student wants. Sitting in the most active stretch of the street and a short walk from campus, the property offers an ownership position in a fully built out, coastal constrained submarket where new supply does not come to market and demand never lets up. The play is location and a clear income lift rather than current yield. Held under the same ownership for more than 50 years, the asset operates in place as a three bed two bath home has the ability to add an ADU to create additional income at this location.

Property Facts

Price $1,950,000
Price Per SF $1,764.71
Sale Type Investment
Property Type Specialty
Property Subtype Residential Income
Building Class C
Lot Size 0.11 AC
Building Size 1,105 SF
No. Stories 1
Year Built 1954
Zoning SR-M-18
Somewhat walkable
30/100
Exceptionally drivable
90/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
075-201-028
Land Assessment
$28,181
Improvements Assessment
$67,324
Total Assessment
$95,505
  • Listing ID: 41033804

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 6648 Del Playa Dr, Goleta, CA 93117

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