Listing provided courtesy of Michael Lopus of Colliers International. Last updated . Listing information © 2025 Sandicor.

Asking Price: $2,325,000 | Active​​​​​​​

6516 Del Playa Drive, Goleta CA 93117

Community: ​


This ResidentialIncome property was built in and is priced at $2,325,000. Please see the additional details below.
  • 0 Sq Ft
  • 2 bathrooms
  • 3 bedrooms
  • MLS#: 306663920
  • Type: ResidentialIncome
  • Year Built:
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.

Call or Email The Koop Group now to inquire about this property

619.985.8722