Courtesy: Radius Group Commercial R.E.
805-965-5500
Fully leased for 26/27 school year with 5.82 CAP Rate! Quintessential Isla Vista oceanfront home located on the highly desirable Del Playa Drive. This well-maintained property features 4 bedrooms / 2.5 baths, plus a loft ideal for an additional sleeping area. The exterior showcases charming nautical vibes and offers four parking spaces. The largest upstairs bedroom includes a private balcony with sweeping Pacific Ocean views, while the large, fully fenced patio enhances safety, which is ideal for students. Unlike many oceanfront Del Playa properties, this home has a significant 27' setback from the cliff edge, helping to mitigate immediate erosion concerns. Just three houses from Pelican Park and a short walk or bike ride to UCSB, as well as Isla Vista's restaurants and shops.
Isla Vista is located in California. Isla Vista, California has a population of 15,732. Isla Vista is more family-centric than the surrounding county with 32.4% of the households containing married families with children. The county average for households married with children is 31.69%.
The median household income in Isla Vista, California is $22,386. The median household income for the surrounding county is $84,356 compared to the national median of $69,021. The median age of people living in Isla Vista is 21.1 years.
The average high temperature in July is 73 degrees, with an average low temperature in January of 42.8 degrees. The average rainfall is approximately 18.1 inches per year, with 0 inches of snow per year.
