6565 Del Playa Drive, Isla Vista
Property Description
Hayes Commercial Group is pleased to introduce this exceptional student housing opportunity in Isla Vista’s best location, just one-and-one-half blocks from UCSB’s campus, and within easy walking distance of the restaurants, shops and amenities of Isla Vista’s “Loop”. This 100% leased duplex is being offered at a 6.0% Cap Rate on 2024-2025 rents with significant upside potential for the 2025-2026 school year. The building consists of a 4BD/2BA townhouse unit with unobstructed views, a large Studio unit, onsite laundry room, and off-street parking for four cars.
Improvements including cliff cutback (2011), dual pane windows (2011), tankless water heater (2019), new main electrical panel and plugs (2023) and extensive site drainage (2024).
Property Details
Size | 4BD/2BA +Studio Units |
Price | $1,925,000 |
Lot Size | 6,534 SF |