NOT LISTED FOR SALE

6551 Del Playa Dr Goleta, CA 93117

Estimated Value: $1,936,000 - $2,600,000

4 Beds
4 Baths
2,113 Sq Ft
$1,085/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $2,160,000 $1,022 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,213/month

15 Days on Market

Highlights

  • Beach Front
  • Property is near an ocean
  • Property is near park, schools, and shops
  • Isla Vista Elementary School Rated A
  • Deck
  • 2-minute walk to Pelican Park

About This Home

As of September 2017

Highly sought after ocean front cash machine with a panoramic ocean/island views and protected by neighboring seawalls. This residence is highly desirable and has a long history of zero vacancy factor. Located in perhaps the best location on Del Playa, directly next to beach access stairs, and near shops/restaurants. Property is currently leased at $13,900 per month. Also available with 6549 Del Playa.

Last Agent to Sell the Property

Chris Jones

Berkshire Hathaway HomeServices California Properties License #01383462 Listed on: 07/11/2017

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Chris Jones

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • Property is in good condition

Parking

  • Open Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Property is near an ocean
  • Deck

Location

  • Property is near park, schools, and shops

Schools

  • Isla Vista Elementary School
  • Gol Valley Middle School
  • Dos Pueblos High School

Listing and Financial Details

  • Assessor Parcel Number 075-213-016

Community Details

Pet Policy

  • No Pets Allowed

Building Details

  • Insurance Expense $831
  • Maintenance Expense $2,500
  • Operating Expense $2,500
  • Gross Income $168,800
  • Net Operating Income $138,719

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1996
  • Income Expenses Annual Income: 168800.0
  • Capitalization Rate: 6.17
  • Gross Rent Multiplier: 13.4
  • Maintenance Expense: 2500.0
  • Annual Expenses: 2500.0
  • Monthly Expense: 200.0
  • Monthly Income: 13900.0
  • Building Stories: 2
  • ResoLaundryFeatures: In Unit
  • Income And Expenses Maintenance Expense: 2500.0
  • Subdivision Name: Other
  • Reso Flooring: Carpet, Tile
  • New Construction: No
  • Reso Property Condition: Good
  • Property Information Year Built2: 1996
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Condo:Laundry in Unit: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Condition Good2: Yes
  • FlrWdw Coverings Carpet: Yes
  • General Property Information Stories2: 2.0
  • Pets No8: Yes
  • Amenities Deck2: Yes
  • Amenities Beach Front: Yes
  • IncomeExpenses NOI2: 138719
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Foundation Details: Slab

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Unc #4

Schools

  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Middle Or Junior School: Gol Valley

Lot Info

  • Parcel #: 075-213-016
  • Zoning: Other

Multi Family

  • Number Of Units Total: 1
  • Annual Gross Income: 168800.0
  • Insurance Expense: 831.0
  • Annual Operating Expense: 2500.0
  • Total Actual Rent: 13900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Cohen Chad D and The Cohen Trust
Bought by
Hollywood Asset Ca Llc
Current Estimated Value
$2,293,314

Purchase Details

Closed on
Oct 17, 2019
Sold by
Hollywood Asset Ca Llc
Bought by
Cohen Chad D and The Cohen Trust

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 26, 2017
Sold by
Cohen Chad D and Cohen Trust
Bought by
Hollywood Asset Ca Llc
Seller's Agent
Chris Jones
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Chris Jones
Berkshire Hathaway HomeServices California Properties
List Price
$2,250,000
Sold Price
$2,160,000
Premium/Discount to List
-$90,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%
Original Mortgage
$1,593,750
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 11, 2017
Closed on
Sep 11, 2017
Sold by
Gilson Michael W
Bought by
Cohen Chad D
Seller's Agent
Chris Jones
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Chris Jones
Berkshire Hathaway HomeServices California Properties
List Price
$2,250,000
Sold Price
$2,160,000
Premium/Discount to List
-$90,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,593,750
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 3, 1999
Sold by
Camilla Meldahl
Bought by
Gilson Michael W

Purchase Details

Closed on
May 26, 1999
Sold by
Elliott Robert R and Elliott Esther
Bought by
Meldahl Camilla

Purchase Details

Closed on
Jun 5, 1995
Sold by
Eshaghian Massoud and Eshaghian Mahvash
Bought by
Meldahl Camilla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.37%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hollywood Asset Ca Llc -- None Available
Cohen Chad D -- None Available
Hollywood Asset Ca Llc -- None Available
Cohen Chad D $2,160,000 First American Title Company
Gilson Michael W -- Fidelity National Title Co
Meldahl Camilla -- Fidelity National Title
Meldahl Camilla $54,000 Santa Barbara Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Chad D $1,593,750
Previous Owner Meldahl Camilla $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $2,160,000 -4.0% $1,022 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
07/10/2017 07/10/17 For Sale $2,250,000 -- $1,065 / Sq Ft
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $26,360 $2,457,705 $1,592,958 $864,747
2023 $26,360 $2,362,271 $1,531,102 $831,169
2022 $25,358 $2,315,953 $1,501,081 $814,872
2021 $24,925 $2,270,544 $1,471,649 $798,895
2020 $24,259 $2,247,264 $1,456,560 $790,704
2019 $23,812 $2,203,200 $1,428,000 $775,200
2018 $23,362 $2,160,000 $1,400,000 $760,000
2017 $7,196 $607,846 $202,612 $405,234
2016 $6,908 $595,929 $198,640 $397,289
2015 $6,804 $586,979 $195,657 $391,322
2014 -- $575,482 $191,825 $383,657
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Chris Jones

    Berkshire Hathaway HomeServices California Properties

    4 in this area

    35 Total Sales

    Chris Jones
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 17-2312

Santa Barbara Multiple Listing Service

APN: 075-213-016

California Santa Barbara County Goleta 93117

6551 Del Playa Dr, Goleta, CA

Not Listed for Sale

MultiFamily

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.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes