6757 Del Playa Drive

Isla Vista, CA 93117

$750,000
Last Sold Price
13,939 / 0.32
Lot Size / Acres

Description

Consider this rare development opportunity in the highest-demand location within one of the country's most desirable off-campus student housing markets. Located on the oceanfront bluffs of Del Playa near to UC Santa Barbara, this parcel is priced at lot value for redevelopment. An existing duplex has blufftop retreat, where the best proposition is to re-build using existing water and development rights, in a secure footprint further away from the blufftop. With rental comparables at $1200-$1300 per...Consider this rare development opportunity in the highest-demand location within one of the country's most desirable off-campus student housing markets. Located on the oceanfront bluffs of Del Playa near to UC Santa Barbara, this parcel is priced at lot value for redevelopment. An existing duplex has blufftop retreat, where the best proposition is to re-build using existing water and development rights, in a secure footprint further away from the blufftop. With rental comparables at $1200-$1300 per month per bed for newly renovated apartments on Del Playa oceanfront, an investor/developer can realize a substantial profit over market for either hold or re-sale purposes. See conceptual plans, pro-forma, other details and video link in Offering Memorandum at www. DelPlayaDevelopmentParcel.com
  1. Listed by Ken Switzer • DRE #01245644 • Berkshire Hathaway Home Services California Properties

Property Details for 6757 Del Playa Drive

MLS Neighborhood
Other
Zoning
Other
Cross Street
Camino Corto

Location

Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Sold By Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Add your commute
LISTING UPDATED: 12/03/2021 12:42 AM

Property Details for 6757 Del Playa Drive

StatusClosed
MLS #21-1231
Days on Market145
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Res Multi-Unit / Land
Year Built-
Lot Size0.32 AC
CountySanta Barbara County

Location

Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Sold By Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Add your commute

Building Information for 6757 Del Playa Drive

Lot Size0.32 AC

Payment Calculator

$5,077 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$984

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6757 Del Playa Drive

Details
Features
  • District: 30 - SB/GOL SOUTH
  • Property Type: C
  • Property Sub Type: Res Multi-Unit
  • View: Ocean, Panoramic
Miscellaneous
  • Miscellaneous: Buildable
Location Info
Location Info
  • Location Topo: Oceanfront
  • Tax Parcel Number: 075-193-032
  • LotLocation: Near Bus, Near Ocean, Near Park(s), Near School(s)
  • City: ISLA VISTA
  • County: Santa Barbara
  • Postal Code: 93117
Neighborhood/Schools
  • Elementary School: Isla Vista
  • High School: Dos Pueblos
  • Junior High School: Gol Valley
Property / Assessor Information
Property / Assessor Info
  • Reports Available: Other
  • Realtorcom Type: Land
  • Site Features: Public
Utility Info
  • Water / Sewer: Goleta Wtr
Contract Info
Contract Info
  • Deposit: 3
  • Financing: Owner
  • Close Price: $750,000.00
  • List Price: $995,000.00
  • Terms: Cash, Ctnl, OMC 1st
  • Contract Date: 08-27-2021
  • Close Date: 12-01-2021
  • Status: Closed

Property History for 6757 Del Playa Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6757 Del Playa Drive

Taxable ValueLand$714,000Additions$51,000Total$765,000
Tax Record2023$11,803 ($984 / month)
Home Facts
Lot Size13,939 SqFtStyleDuplexCountySANTA BARBARAAPN075-193-032

Schools near 6757 Del Playa Drive

This home is within Goleta Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Isla Vista Elementary School
PublicK to 6

Goleta Valley Junior High School
Public7 to 8

Dos Pueblos Senior High School
Public9 to 12

Santa Barbara Charter School
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway Home Services California Properties, Ken Switzer, DRE #01245644

Based on information from one of the following Multiple Listing Services: Santa Barbara MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.