$2,950,000
SOLD OCT 24, 2025

6622 Del Playa Dr Goleta, CA 93117

-- Bed
-- Bath
1,836 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$1,607 Per Sq Ft

2% Below List Price

21 Days on Market

Highlights

  • Property is in excellent condition
  • Isla Vista Elementary School Rated A
  • 1-minute walk to Camino Pescadero Park

About This Home

As of October 2025

EXTREMELY RARE DEL PLAYA ASSET W/ STRONG CASH FLOW & UPSIDE.
6622 Del Playa Dr offers a premier student rental in the heart of Isla Vista—steps from UCSB & the ocean. On IV's most desirable street, this Spanish-style duplex + new 3BD/3BA house (2025) blends cash flow, lifestyle appeal & long-term upside. Front bldg has (2) spacious 3BD/1BA units: top floor w/ balconies, ground floor w/ large patio—highly desirable to students. The secondary residence, leased pre-completion at below-mkt rent, provides clear value-add potential. Fully leased thru 2025-26 yr, property delivers a 4.9% cap w/ stable income & low turnover. With strong demand from UCSB/SBCC & limited supply, this is a rare long-term hold that outperforms for decades.

Last Agent to Sell the Property

Steve Golis

Radius Group Commercial R.E. License #00772218 Listed on: 09/02/2025

Radius Group Commercial R.E.

Co-Listed By

Austin Herlihy

Colliers International Greater Los Angeles, Inc. License #01518112

Last Buyer's Agent

Ardy Banan

Berkshire Hathaway HomeServices California Properties License #01357260

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,792 Sq Ft Lot
  • Property is in excellent condition

Parking

  • Uncovered Parking

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 075-201-026

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $216,000
  • Net Operating Income $146,967

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1958
  • Income Expenses Annual Income: 216000.0
  • Capitalization Rate: 4.90
  • Gross Rent Multiplier: 13.89
  • Monthly Income: 18000.0
  • Co List Office Mls Id: COLLIERS
  • Co List Office Phone: 213-532-3298
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1958
  • NeighborhoodSchools Elementary School: Isla Vista
  • NeighborhoodSchools Junior High School: Gol Valley
  • NeighborhoodSchools High School: Dos Pueblos
  • Parking Info Uncovered: Yes
  • Condition Excellent: Yes
  • Property Information Apx Lot SqFt: 4792.0
  • IncomeExpenses NOI2: 146967
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.11

Garage/Parking

  • Parking Features: Uncovered

Schools

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

Lot Info

  • Parcel #: 075-201-026
  • Zoning: Other
  • Lot Size Sq Ft: 4792.0

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 216000.0
  • Total Actual Rent: 18000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2025
Closed on
Oct 9, 2025
Sold by
Edward St George Revocable Trust and St George Edward
Bought by
Jrt Investments I Llc
Seller's Agent
Steve Golis
Radius Group Commercial R.E.
Buyer's Agent
Ardy Banan
Berkshire Hathaway HomeServices California Properties
List Price
$3,000,000
Sold Price
$2,950,000
Premium/Discount to List
-$50,000
-1.67%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.28%
Original Mortgage
$1,770,000
Outstanding Balance
$1,770,000
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,154,305

Purchase Details

Closed on
Jun 13, 2019
Sold by
St George Edward and Edward St George Revocable Tru
Bought by
St George Edward and Edward St George Revocable Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$837,000
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 2010
Sold by
St George Edward
Bought by
St George Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2008
Sold by
St George Edward
Bought by
St George Edward

Purchase Details

Closed on
Oct 5, 2005
Sold by
St George Edward
Bought by
St George Edward

Purchase Details

Closed on
Dec 8, 2003
Sold by
Stgeorge Edward
Bought by
Stgeorge Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2002
Sold by
Stgeorge Edward and Stgeorge Ed
Bought by
Stgeorge Edward

Purchase Details

Closed on
Feb 20, 2001
Sold by
Stgeorge Ed
Bought by
Stgeorge Ed

Purchase Details

Closed on
Jun 14, 2000
Sold by
Meldahl Camilla
Bought by
Stgeorge Ed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.22%

Purchase Details

Closed on
Apr 27, 2000
Sold by
Rubin Elissa B and Frolenko Gary
Bought by
Stgeorge Ed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.22%

Purchase Details

Closed on
May 28, 1999
Sold by
Orfalea Paul J & Natalie A Trustees
Bought by
Frolenko Gary and Rubin Elissa B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,850
Interest Rate
4.35%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,950,000 Fidelity National Title Compan
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $395,500 First American Title
Grant Deed $395,500 Equity Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,770,000 New Conventional
Previous Owner $837,000 Adjustable Rate Mortgage/ARM
Previous Owner $643,000 New Conventional
Previous Owner $624,000 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $276,850 No Value Available
Closed $122,500 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 Sold $2,950,000 -1.7% $1,607 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
09/02/2025 09/02/25 For Sale $3,000,000 -- $1,634 / 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 $9,438 $737,724 $461,081 $276,643
2023 $9,438 $709,079 $443,178 $265,901
2022 $8,871 $695,177 $434,489 $260,688
2021 $8,711 $681,547 $425,970 $255,577
2020 $8,499 $674,560 $421,603 $252,957
2019 $8,355 $661,335 $413,337 $247,998
2018 $8,208 $648,369 $405,233 $243,136
2017 $8,035 $635,657 $397,288 $238,369
2016 $7,741 $623,195 $389,499 $233,696
2014 $7,303 $601,811 $376,134 $225,677
Source: Public Records

Agents Affiliated with this Home

  • Steve Golis

    Seller's Agent in 2025

    Steve Golis

    Radius Group Commercial R.E.

    (805) 879-9624

    18 in this area

    92 Total Sales

    Steve Golis
    Section Image
  • Austin Herlihy

    Seller Co-Listing Agent in 2025

    Austin Herlihy

    Colliers International Greater Los Angeles, Inc.

    (805) 705-1149

    4 in this area

    13 Total Sales

    Austin Herlihy
    Section Image

  • A

    Buyer's Agent in 2025

    Ardy Banan

    Berkshire Hathaway HomeServices California Properties

    (805) 698-7770

    1 in this area

    2 Total Sales

    Ardy Banan
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-3292

Santa Barbara Multiple Listing Service

APN: 075-201-026

California Santa Barbara County Goleta 93117

6622 Del Playa Dr, Goleta, CA

Sold

MultiFamily

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