PROPERTY

6777 Del Playa Drive is one of the best-located “status” apartment complexes in the student community of Isla Vista. Of the 5 units, 4 of them front the ocean with panoramic views from the living room and kitchen areas. The 5th unit has ocean views across Del Playa Park. In addition to the adjacent large park, there is a beach access only a few yards away.

Much more than your standard good location, this property has extraordinary rental demand. All units are typically rented for the following school year several months in advance, with never a vacancy. Rents are paid in equal installments covering turnover time. High rent/SF and low-maintenance upgrades result in lower expense ratios.

Combined with favorable blufftop geology, this cash flow makes 6777 Del Playa Drive truly a remarkable investment.

Click HERE for PDF flyer