Kevin Goodwin
Responds Quickly
Goodwin & Thyne Properties
(805) 979-2658
50 Total Sales
1 in Isla Vista
$1,750,000 Price
6516 Del Playa Dr Goleta, CA 93117
Isla Vista Area
3
Beds
2
Baths
1,027
Sq Ft
4,356
Sq Ft Lot
Highlights
- Ocean View
- Bike Trail
- Turnkey
- Isla Vista Elementary School Rated A
- Laundry Facilities
- 2-minute walk to Pelican Park
About This Home
As of June 2026Positioned 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.
Last Agent to Sell the Property
Colliers International Brokerage Phone: (805) 680-8806 License #01970736 Listed on: 03/11/2026
Last Buyer's Agent
Non Member
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1989
Lot Details
- 4,356 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- No Sprinklers
Home Design
- Property Attached
- Turnkey
- Composition Roof
Interior Spaces
- 1,027 Sq Ft Home
- Ocean Views
- Free-Standing Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Parking Available
- Paved Parking
Utilities
- Ductless Heating Or Cooling System
- Wall Furnace
Listing and Financial Details
- Assessor Parcel Number 075222019
Community Details
Recreation
- Bike Trail
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $7,750
- Operating Expense $57,497
- Gross Income $192,000
- Net Operating Income $134,503
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2026
Closed on
Jun 2, 2026
Sold by
Bought by
Seller's Agent
Mike Lopus
Colliers International
Buyer's Agent
Non Member
List Price
$2,325,000
Sold Price
$2,227,000
Premium/Discount to List
-$98,000
-4.22%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-20.68%
Original Mortgage
$832,750
Outstanding Balance
$831,957
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$1,318,962
Purchase Details
Closed on
Oct 7, 2022
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
4.55%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 28, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,525
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Apr 14, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,525
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Dec 24, 2013
Sold by
Bought by
Purchase Details
Closed on
Sep 21, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 19, 2010
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Feb 20, 2009
Sold by
Bought by
Purchase Details
Closed on
Nov 29, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,125
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 14, 2004
Sold by
Bought by
Purchase Details
Closed on
Jul 2, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,800
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Goleta, CA
-
Kevin Goodwin
-
Summer Knight
Summer Knight
Responds QuicklySun Coast Real Estate
(805) 335-6908
142 Total Sales
11 in Isla Vista
$875K - $2.7M Price Range
-
Leslie Miller
Leslie Miller
Vylla Home
(424) 417-6864
19 Total Sales
3 in Isla Vista
$525K - $650K Price Range
-
Tiffany Dore
Tiffany Dore
Village Properties
(805) 324-6641
23 Total Sales
1 in Isla Vista
$1,090,000 Price
-
Tamra Van Order
Tamra Van Order
Responds QuicklyKeller Williams Realty Santa Barbara
(805) 308-6428
33 Total Sales
4 in Isla Vista
$835K - $1.8M Price Range
-
Lisa Lee
Lisa Lee
Berkshire Hathaway HomeServices California Properties
(805) 892-6322
18 Total Sales
1 in Isla Vista
$945,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,227,000 | Fidelity National Title Compan | |
| Grant Deed | -- | First American Title | |
| Grant Deed | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $1,350,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | Stewart Title Of Ca Inc | |
| Grant Deed | -- | Stewart Title Of Ca Inc | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Guardian Deed | $506,000 | Fidelity National Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $832,750 | New Conventional | |
| Previous Owner | $5,450,000 | Credit Line Revolving | |
| Previous Owner | $900,000 | New Conventional | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $489,525 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $489,525 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,000,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $628,125 | Purchase Money Mortgage | |
| Previous Owner | $404,800 | Purchase Money Mortgage |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | Sold | $2,227,000 | -4.2% | $2,168 / Sq Ft |
| 05/06/2026 05/06/26 | Pending | -- | -- | -- |
| 03/11/2026 03/11/26 | For Sale | $2,325,000 | -- | $2,264 / Sq Ft |
Source: Ventura County Regional Data Share
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $11,185 | $1,281,672 | $625,186 | $656,486 |
| 2025 | $11,185 | $923,209 | $612,928 | $310,281 |
| 2023 | $10,886 | $887,362 | $589,128 | $298,234 |
| 2022 | $10,392 | $869,964 | $577,577 | $292,387 |
| 2021 | $10,201 | $852,906 | $566,252 | $286,654 |
| 2020 | $9,940 | $844,161 | $560,446 | $283,715 |
| 2019 | $9,763 | $827,609 | $549,457 | $278,152 |
| 2018 | $9,582 | $811,383 | $538,684 | $272,699 |
| 2017 | $9,403 | $795,474 | $528,122 | $267,352 |
| 2016 | $9,040 | $779,877 | $517,767 | $262,110 |
| 2014 | $10,798 | $947,476 | $721,336 | $226,140 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Lopus
Seller's Agent in 2026
Mike Lopus
Colliers International
(805) 518-1494
12 Total Sales
-
N
Buyer's Agent in 2026
Non Member
Map
Source: Ventura County Regional Data Share
MLS Number: V1-35131
APN: 075-222-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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