Listing provided courtesy of Michael Lopus of Colliers International. Last updated 2026-03-15 08:11:21.000000. Listing information © 2025 Sandicor.
Asking Price: $2,325,000 |
6516 Del Playa, Goleta CA 93117
Community: GLTA - Goleta
This property was built in 1989 and is priced at $2,325,000. Please see the additional details below.
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.



































