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Listed by Michael Lopus • Colliers International
$1,950,000
Est. payment /mo
1,105 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,105 sqft
Price per Sqft $1,764
MLS Listing ID V1-37183
Year Built 1954
Lot Size 4,971 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property Description
6648 Del Playa Drive, a trophy value add opportunity in the heart of Del Playa, the center of the action in Isla Vista and the address every UC Santa Barbara student wants. Sitting in the most active stretch of the street and a short walk from campus, the property offers an ownership position in a fully built out, coastal constrained submarket where new supply does not come to market and demand never lets up. The play is location and a clear income lift rather than current yield. Held under the same ownership for more than 50 years, the asset operates in place as a three bed two bath home has the ability to add an ADU to create additonal income at this location.
Location
State CA
County Santa Barbara
Area Glta - Goleta
Interior
Fireplaces Type None
Exterior
Parking Features Garage, Driveway
Garage Spaces 1.0
Pool None
Community Features Biking
View Y/N Yes
Building
Lot Description Sprinklers None
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900



