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$2,950,000
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Property Description
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.
Full Property Details
Full Property Details for 6622 Del Playa Dr
General
- Sold For: $2,950,000
- Status: Closed
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 25-3292
- Added to Site: 229 day(s) ago
Parking
- Parking Features: Outside
Location
- Area: 30 - SB/GOL SOUTH
- County: Santa Barbara
- Cross Streets: Camino Pescadero
School Information
- Elementary School: Isla Vista
- Middle School: Gol Valley
- High School: Dos Pueblos
Structural Information
- Year Built: 1958
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
- Lot Size: 4792
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 075-201-026
Listed by Radius Group Commercial R.E.
Sold by Berkshire Hathaway HomeServices California Properties
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Schools
Schools serving 6622 Del Playa Dr
School Districts:Goleta Union Elementary School District, Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Isla Vista Elementary School 6875 El Colegio Road, Goleta, CA 93117 | K-6 | 0.7 mi |
Goleta Valley Junior High School 6100 Stow Canyon Road, Goleta, CA 93117 | 7-8 | 3.1 mi |
Dos Pueblos Senior High School 7266 Alameda Avenue, Goleta, CA 93117 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6622 Del Playa Dr
Date
Details
Price
Change
Source
10/24/2025
Sold
$2,950,000
-1.67%
MLS
9/02/2025
Listed
$3,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6622 Del Playa Drive, Goleta, CA 93117 (MLS# 25-3292) is a Multi-Family property that was sold at $2,950,000 on October 24, 2025. Want to learn more about 6622 Del Playa Drive? Do you have questions about finding other Multi-Family real estate for sale in Goleta? You can browse all Goleta real estate or contact a Coldwell Banker agent to request more information.

