University of California-Santa Barbara, CA home for sale
Rare opportunity to own investment/income property in the premium student housing market of Isla Vista, Santa Barbara. This property consist of 3 Units - Unit (A) (2 Bed/2 Bath) - Unit (B) (2 Bed/2 Bath) - Unit (C) (Studio) This property features 6 uncovered driveway parking spaces, a shared front patio area and community Coin-Op laundry room in the building. Located a few blocks from UCSB, the beach and restaurants/shops this property is a highly desirable - never vacant rental in the heart of Isla Vista. In addition, there's a significant potential upside in the future as the current rental amounts are below market. Please do not disturb tenants. Monthly Income (2024-25) Unit A - $
University of California-Santa Barbara, CA home for sale
100% Leased for 2024/2025 School Year! Wonderfully maintained and updated student housing asset in the heart of Isla Vista consisting of three separate structures. This asset is only a short walk to the beach and IV's popular eateries while being blocks away from UCSB's campus. Nestled conveniently on the corner of Camino Del Sur and Pasado Road, these houses offer a combined ten bedrooms and six full baths. Tenants enjoy the convenience of off street parking and a private front yard. The property has recently been outfitted with new roofs and windows. The original structure includes two houses positioned at the rear of the lot, while a new front house, added as an ADU in September 2023, co
University of California-Santa Barbara, CA home for sale
Vested one-of-a-kind oceanfront development opportunity under $1M in Isla Vista student community, offering possible substantial density beyond standard zoning under SB330, eligibility pre-approval is for 15 units. Zoning flexibility using SB330 may also allow construction within the front setback, to improve dramatically the lifetime of the property by increasing distance to the blufftop. Project entitlement is protected with streamlined approval process and limited review discretion. Call for details about status, timeline, and flexibility for Buyer to design the layout and unit mix. The SB330 window is now closed making this opportunity unique in our area. Project general design required
University of California-Santa Barbara, CA home for sale
Rare opportunity to acquire two (2) adjacent student housing investment properties at UCSB (University of California Santa Barbara) on the prime Del Playa Drive in Isla Vista, CA. Unobstructed ocean views and unrivalled location within walking distance to the university, Camino Del Sur beaches, and center of town's best restaurants and nightlife. Recently renovated with updated flooring, kitchens, and bathrooms throughout. Both 6-bedroom, 14-bed properties have been 100% occupied for over 20+ years due to strong demand and virtually no new supply in the market while university enrollment continues to grow to all-time highs. These homes pre-lease well in advance and are already rented for th
University of California-Santa Barbara, CA home for sale
3 Units - Stunning View/ Oceanfront! - Del Playa Drive Investment Opportunity! This Oceanside 3-Unit Multi-Family Income Property consist of (Unit 1) Studio - (Unit 2) 2bed/2bath - (Unit 3) 4bed/2 bath. This property offers Amazing Ocean/Island views, is always in high demand and is never vacant. Please do not disturb tenants. Scheduled Gross Rental Income - (2024-2025) Unit #1 - $2,000.00 Unit #2 - $4,000.00 Unit #3 - $5,600.00 Total - $11,600 Month
1/20
$1,750,000
7 beds5 baths2,377 sq ft0.24 acre (lot)
6587 Del Playa Dr, Goleta, CA 93117
Average home prices near University of California-Santa Barbara, CA