$995,000 Calculate Payment
6757 Del Playa Drive Isla Vista, CA 93117
0.32 Acre Lot
Time on Site
Days on Market
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 ha...s 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 Continue reading
Exterior / Lot Features
Water Front Type
Additional Exterior/Lot Features
Multi-family. Ocean Front, Close to Bus Line, Park Adjacent, Close To School.
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More