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Situated in the highly sought-after rental market of Isla Vista, this block-spanning 4-unit parcel stands as a generational asset. Rarely does a 10,000 +/- SF lot on the mountainside of Del Playa ever become available. Leased through 2025, these four 2-bedroom, 1-bathroom units are well laid out and offer tenants a truly unique IV living experience. Under the current ownership, the property has undergone numerous upgrades over the last 25 years, including roof replacement, bathroom and kitchen updating, complete exterior painting, and the recent installation of all-new electrical wiring and panel in 2024. Additional information/reports available upon request.
Last Updated | 9/29/2024 | Tract | Not Applicable |
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Year Built | 1965 | Community | Isla Vista |
County | Santa Barbara |
Price History
Prior to Jul 13, '24 | $3,399,000 |
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Jul 13, '24 - Sep 20, '24 | $3,175,000 |
Sep 20, '24 - Today | $2,995,000 |
Additional Details
AIR CONDITIONING | Yes |
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AREA | Isla Vista |
HOA DUES | 0 |
LOT | 10019 sq ft |
LOT DESCRIPTION | Sprinklers None |
POOL DESCRIPTION | None |
STORIES | 1 |
STYLE | Craftsman |
SUBDIVISION | Not Applicable |
VIEW | Yes |
VIEW DESCRIPTION | Ocean |
WATERFRONT | Yes |
WATERFRONT DESCRIPTION | Across the Road from Lake/Ocean,Beach Access,Ocean Access |
Location
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