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6591 Cordoba Road, 
Goleta, CA 93117

$4,550,000


Bed


Bath


5,130

Sq Ft


Multi-Family

Active

Listed by

Steven J Golis

Austin Herlihy

Radius Group Commercial R.E.

Colliers International Greater Los Angeles, Inc.

Last updated:

September 2, 2025, 07:52 PM

MLS#

25-3294

Source:

SBAOR

About This Home

6591 Cordoba Road

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.

Home Facts

Multi-Family

Built in 1966

Price Summary

4,550,000

$886 per Sq. Ft.

MLS #:

25-3294

Last Updated:

September 2, 2025, 07:52 PM

Added:

7 day(s) ago


Rooms & Interior

Interior

Living Area:

5,130 Sq. Ft.


Structure

Structure

Year Built:

1966


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$4,550,000

Price per Sq. Ft:

$886 per Sq. Ft.

Source:SBAOR
Based on information from the Santa Barbara MLS as of September 9, 2025 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.