6591 Cordoba RD Road Active

Goleta,CA 93117

$ 4550000

- Bed

0 Bath

5130 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 5,130 sqft

Price per Sqft $886

MLS Listing ID 25-3294

Year Built 1966

Lot Size 7,841 Sqft

Acres 0.18

Lot Dimensions 7841.0

Source Santa Barbara Multiple Listing Service

Property Description

FULLY RENOVATED 2025 ISLA VISTA 5-PLEX W/ IMMEDIATE UPSIDE NEAR UCSB
6591 Cordoba Rd. offers a rare chance to acquire a fully renovated 5-unit student housing asset on the desirable 6-5 block of Isla Vista, minutes from UCSB. The property includes (4) lg 3BD/2BA units & (1) oversized 2BD/2BA, totaling 25 beds. In 2025, it underwent a full reno: new LVP floors, appl., cabinetry, windows, blinds, ext. paint + major plumbing, elec. & sewer upgrades. Three units feature pvt balconies, incl. 2 front-facing & 1 new side-facing balcony. Fully pre-leased for 2025-26, but rents were set pre-reno, offering clear upside for 2026-27. Current ops at 5.32% cap w/ add'l value via 8 on-site parking spaces not yet monetized.

Location

State CA

County Santa Barbara

Building

Lot Description Near Public Transit

New Construction No

Others

Tax ID 075-111-002

Acceptable Financing Cash,Ctnl

Listing Terms Cash,Ctnl

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