Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
14 Beds
8 Baths
4,128 sqft

$3,800,000

6745-6747 Del Playa Drive, ISLA VISTA CA, 93117

Price per sqft$920.54
Built in1967
Property size4,128 sqft
Property typeResidential
Courtesy of Ken Switzer, Berkshire Hathaway HomeServices California Properties

Overview

Active

Listed Sep 24, 2026

Updated 5 days ago

Great cash flow Isla Vista student rental investment opportunity, in a mitigated oceanfront property with newly-completed cutback, safety fencing and seawall protection. The 2 adjacent duplexes feature large 3-bedroom and 4-bedroom units with spectacular front-row ocean views, large decks and lots of off-street parking. Most importantly, this property is one of the deepest lots on Del Playa, with ~67 feet of remaining depth from building to the street lot line, allowing for long-term viability of the investment. Estimated existing capitalization rate is in the mid-8%'s with market rents starting in June 2027 estimated to bring the cap rate over 9%, Buyer to verify. Current annual income at $452K, more details in unbranded Offering Memorandum under Documents.

$25,281/mo

Est. mortgage payment based on a $3,800,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-3236

Interior Features

Bedrooms
14
Bathrooms
8
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Maintenance Expense
$24,937

Listed by Berkshire Hathaway HomeServices California Properties, Ken Switzer,
Listing Contact: [email protected] 

This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service, the listing broker(s), the owner of this site, nor Luxury Presence shall be responsible for any typographical errors, misinformation, or misprints.

©2026 Santa Barbara Association of REALTORS. All rights reserved.

Data last updated 3:42 AM UTC, 9/25/2026

Powered by Luxury Presence