For
Sale |
Multifamily
6640 Del Playa Dr, Isla Vista
Student Housing Duplex 2.5 Blocks from UCSB Campus
Property Description
Hayes Commercial Group is pleased to introduce this exceptional student housing opportunity located along the mountain side of Del Playa Drive and just two-and-a-half blocks from UCSB’s campus, within easy walking distance of the restaurants, shops and amenities of Isla Vista’s “Loop.” This 100%-leased duplex is being offered at a 4.89% Cap Rate on ‘25/’26 rents with upside potential for the ‘26/’27 school year. The property consists of a two large 2BD/2BA units each with a bonus room that’s utilized as a third single-occupancy bedroom. There’s also onsite laundry, and off-street parking for four cars.
Property Details
Size | 2 X 2BD/2BA + Bonus Room Units |
Price | $1,895,000 |
Lot Size | 6534 |