Description

6648 Del Playa Drive is a one-unit offering at 6648 Del Playa Drive in Goleta, CA, positioned in Isla Vista near the University of California, Santa Barbara. Its Del Playa location is central to the investment case.

Built in 1954, the Property operates as a three-bedroom, two-bath home with on-site laundry. A new roof was completed in 2026. The existing layout gives an investor an income-producing residential asset, while the garage and back office present conversion opportunities described for an additional bedroom and bath and a studio, respectively. The property is zoned SR-M-18 and carries APN 075-201-028.

The Property sits on an active stretch of Del Playa Drive, a short walk from the UCSB campus and steps from the sand. For student-oriented housing, that proximity puts the home close to the places that shape residents’ daily routines without relying on a commute. Isla Vista’s setting is the defining feature here: the address connects the residential offering to both campus life and the coast.

Offered at $1,950,000, 6648 Del Playa Drive presents a location-led acquisition for an investor focused on the existing home and its identified conversion opportunities. The offering also describes space for a possible accessory dwelling unit; any conversion or addition would require the buyer’s review of applicable requirements. Review the Offering Memorandum and brochure for the next step in underwriting the Property.