6769 Del Playa Drive, Isla Vista, CA 93117, Isla Vista, 93117 - 0 bed, 0 bath
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6769 Del Playa Drive
Isla Vista, CA 93117
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,132Sq Ft
6,870Lot Size
Property Price
LIST PRICE$1,800,000
EST. MARKET VALUE
$1,882,976
4% BelowMARKET VALUE
SUMMARY
This oceanfront property represents a High-Potential Investment Opportunity, listed at a List Price of $1,800,000—positioned well below the $1,882,977 Fair Market Value by 4%. This valuation gap offers $82,977 in Instant Equity. Featuring a Condition Rating of 3, the home offers a 40'ft Trex deck and panoramic ocean views. With a proven track record of high rental demand, this is a stable Buy-and-Hold Asset ideal for Income-Focused Investors or Portfolio Diversifiers seeking reliable coastal revenue.
Estimated Market Value
$1,882,976+$82,976 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Isla Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6769 Del Playa Drive Subject 0 bd · 0 ba · 1,132 sqft · $1,663 | $1,800,000* List Price | 0 | 0 | 1,132 | $1,663 | - |
A 6880 Pasado Road Sold 0 bd · 0 ba · 1,340 sqft · $1,698 · 0.3 mi | $2,275,000 | 0 | 0 | 1,340 | $1,698 | 0.3 mi |
B 6880 Pasado Road Sold 0 bd · 0 ba · 1,340 sqft · $1,698 · 0.3 mi | $2,275,000 | 0 | 0 | 1,340 | $1,698 | 0.3 mi |
C 6880 Pasado Rd Sold 0 bd · 0 ba · 1,340 sqft · $1,698 · 0.3 mi | $2,275,000 | 0 | 0 | 1,340 | $1,698 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2008 (18 years old), the property is well-maintained and functional. The kitchen features dated tile countertops and oak cabinetry consistent with the mid-2000s construction, but the interior is move-in ready with clean tile flooring and updated laundry appliances.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
Situated just 50 feet from the cliff edge with a 40-foot Trex deck, the property offers exceptional ocean and island views and direct proximity to beach access.
- Proven Investment Performance
This income property boasts a track record of being consistently occupied with high demand, ensuring a steady and reliable revenue stream in the Isla Vista market.
- Modern Construction
Built in 2008, the home is significantly newer than many surrounding properties, featuring desirable amenities like a loft, in-house laundry, and durable decking.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6870, other record lot size in square feet = 6969.
- Geological Vulnerability
The property's cliffside positioning presents long-term concerns regarding coastal erosion and bluff stability, which is a known risk for Del Playa Drive.
- High Price Per Square Foot
At a list price of $1.8 million for 1,132 square feet, the property commands a significant premium that may challenge traditional valuation metrics for some investors.
About 6769 Del Playa Drive
Oceanfront Investment Opportunity in Isla Vista. This income property is situated approximately 50'ft back from the cliff edge which allows for a large deck with stunning Ocean/Island views. This property consist of 2 bedrooms, a loft, 2 bathrooms, in-house washer/dryer and a 40'ft Trex deck. This income property is always in high demand/never vacant and is adjacent to a beach access. Contact Agent for Showing (Please do not disturb tenants)
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 2008
- Lot Size
- 6,870 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Oct 5, 2026
$1,800,000
Initial Listing
Sold
Sep 12, 2008
$955,000
Public Record
Sold
Aug 19, 2004
$385,000
Public Record
Sold
Feb 4, 2004
$100,000
Public Record
Sold
Dec 7, 1999
$125,000
Public Record