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… Read More 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. Read Less
Property listed by Colliers International, Michael Lopus 310-259-7556
Listing Snapshot
Days Online
0
Last Updated
Lot Size
0.11 Acres
Year Built
1954
MLS Number
V1-37183
Additional Details
Building
Built in 1954, 2 buildings, Levels: One
Community
Biking
Cooling
None
Expenses
Operating: $41,882
Fence
Wood
Fireplaces
None
Garage
1 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $76,956, Gross ScheduledIncome: $76,956, Net Operating Income: $37,193
Lot
0.1141 acres, SprinklersNone
Parking
2 total parking spaces, Driveway, Garage
Pool
None
Security Features
SmokeDetectors
Taxes
Parcel Number: 075201028
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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