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.
Active
$4,550,000
6591 Cordoba Rd, Goleta, CA 93117
8beds
6baths
5,130sqft
Est.:
Multi Family
Built in 1966
-- sqft lot
$4,304,000 Zestimate®
$887/sqft
$-- HOA
What's special
New lvp floors
- 214 days |
- 487 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Steven J Golis 00772218 805-965-5500,
Radius Group Commercial R.E.,
Austin Herlihy,
Colliers International Greater Los Angeles, Inc.
Source: SBMLS,MLS#: 25-3294
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Features
- Has fireplace: No
Interior area
- Total interior livable area: 5,130 sqft
Property
Parking
- Total spaces: 8
- Parking features: Open
- Uncovered spaces: 8
Lot
- Size: 7,841 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 075111002
- Zoning: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Excellent
- Year built: 1966
Community & HOA
Location
- Region: Goleta
Financial & listing details
- Price per square foot: $887/sqft
- Date on market: 2/11/2026
- Cumulative days on market: 215 days
- Listing terms: Cash
- Total actual rent: 30000
Estimated market value
$4,304,000
$4.09M - $4.52M
$3,926/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/11/2025 | Listed for sale | $4,550,000$887/sqft |
Source:  CRMLS #V1-32761 Report a problem | ||
| 10/27/2025 | Listing removed | $4,550,000$887/sqft |
Source: CRMLS #V1-32761 Report a problem | ||
| 9/2/2025 | Listed for sale | $4,550,000+55%$887/sqft |
Source:  SBMLS #25-3294 Report a problem | ||
| 11/26/2024 | Sold | $2,935,000-1.3%$572/sqft |
Source: CRMLS #V1-25297 Report a problem | ||
| 9/13/2024 | Pending sale | $2,975,000$580/sqft |
Source: SBMLS #24-2729 Report a problem | ||
| 8/19/2024 | Listed for sale | $2,975,000$580/sqft |
Source: SBMLS #24-2729 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
$26,533/mo
Principal & interest
$22476
Property taxes
$4057
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Climate risks
Neighborhood: 93117
Nearby schools
GreatSchools rating
- 8/10Isla Vista Elementary SchoolGrades: K-6Distance: 0.7 mi
- NALearning Tree PreschoolGrades: Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Isla Vista
- Middle: Gol Valley
- High: S.B. Sr.
Source: SBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- California
- Santa Barbara County
- Isla Vista
- 93117
- 6591 Cordoba Rd
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