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$2,325,000
6516 Del Playa Drive, Goleta, CA 93117
3Beds
2Baths
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