6516 Del Playa Drive, Goleta, CA 93117 - Photo 1 of 33, Goleta, CA
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$2,325,000

6516 Del Playa Drive, Goleta, CA 93117

3Beds
2Baths
0
4Days Listed

About This Property

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.

Property Location

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
3
Bathrooms
2
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
4
Cumulative Days on Market
2
Original Price
$2,325,000

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Goleta Market Snapshot

8

Active Listings

$1035K

Median Price

91

Avg Days on Market

Last updated: Mar 12, 2026

Listed by

Michael Lopus, Colliers International · 805-680-8806

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$2,325,000