Isla Vista, CA 93117,6640 Del Playa DR Drive
Isla Vista, CA 93117,6640 Del Playa DR Drive
Isla Vista, CA 93117,6640 Del Playa DR Drive
Isla Vista, CA 93117,6640 Del Playa DR Drive
Isla Vista, CA 93117,6640 Del Playa DR Drive
Isla Vista, CA 93117,6640 Del Playa DR Drive
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$1,895,000

$1,895,000

Est.Price: ?

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Est. payment /mo

6,534 Sqft Lot


SOLD DATE : 12/18/2024

Key Details

Sold Price $1,895,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 24-3646

Sold Date 12/18/24

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 6534.0

Source Santa Barbara Multiple Listing Service

Property Description

Exceptional student housing opportunity located along the mountain side of Del Playa Drive, just two-and-a-half blocks from UCSB's campus and within easy walking distance of the restaurants, shops and amenities of Isla Vista's ''Loop.'' This 100%-leased duplex is being offered at a 4.89% Cap Rate on 2024-2025 rents with significant upside potential for the 2025-2026 school year. The property consists of a two large 2BD/2BA units each with an extra room that's utilized as a third single occupancy bedroom. There's also onsite laundry and off-street parking for four cars.

Location

State CA

County Santa Barbara

Interior

Laundry Other

Exterior

Parking Features Carport

Building

Lot Description Near Public Transit

Others

Tax ID 075-201-041

Acceptable Financing Cash

Listing Terms Cash

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Listed by Hayes Commercial Group

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Name

Phone*

Message

Lorena Regalado

+1(805) 403-1270

lorena@home-ed.co