6622 Del Playa Dr Goleta, CA 93117
Estimated payment $17,007/month
Highlights
- Property is in excellent condition
- Isla Vista Elementary School Rated A
- 1-minute walk to Camino Pescadero Park
About This Home
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 ADU (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 ADU, 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,438
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $3,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | 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 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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $837,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $625,000 | New Conventional | |
| Closed | $643,000 | New Conventional | |
| Closed | $650,000 | Unknown | |
| Closed | $624,000 | Purchase Money Mortgage | |
| Closed | $100,000 | No Value Available | |
| Previous Owner | $276,850 | No Value Available | |
| Closed | $122,500 | No Value Available |
Source: Santa Barbara Multiple Listing Service
MLS Number: 25-3292
APN: 075-201-026
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