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6591 Cordoba Road, GOLETA, CA 93117 (MLS# 25-3294)

6591 Cordoba Road, GOLETA, CA 93117

$4,425,000
Property Type: Res Inc Square Footage: 5,130 Lot Size (sq. ft.): 7,841 Status: Pending
Current Price: $4,425,000 List Date: 2/11/2026 Last Modified: 8/12/2026

Overview

Description

FULLY RENOVATED IN 2025 ISLA VISTA 5-PLEX W/ IMMEDIATE UPSIDE - 6.14% 26/27 CAP. Completed leased for 26/27 school year! 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. 8 on-site parking spaces not yet monetized.

Listing Details MLS# 25-3294

Location Info

District
30 - SB/GOL SOUTH
Street #
6591
Street Name
Cordoba
Street Suffix
Road
State
CA
Country
US
Postal Code
93117
Compass Map
Santa Barbara
Map Grid
E12
County
Santa Barbara
Parcel Nbr
075-111-002
Cross Street
Camino Pescadero

Contract Info

Price
4425000
Begin Date
2025-09-02

Status Information

Under Contract Date
2026-08-12

Property Information

Number of Units
5
Year Built
1966
Main House SqFt
5130
Apx Lot SqFt
7841
Recurring Fees
No

Remarks

Hot Sheet Comment
price

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
8

Unit 1

# Units
Yes
# Bedrooms
3
# Baths
2
# Half Baths
Yes
Furnished
N
Rent
6400
Monthly Total
6400

Unit 2

# Units
3
# Bedrooms
3
# Baths
2
Monthly Total
25700

Parking Info

Total # Unconvered Spaces
8

Property Features

Condition: Excellent Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Zoning: Other Reports Available: Prelim Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: Radius Group Commercial R.E.
Last Updated: August - 12 - 2026
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