6591 Cordoba Rd - Apartments FOR SALE


Goleta, CA 93117- Isla Vista
$4,550,000 USD
805-680-8806
6591 Cordoba Rd, Goleta, CA for Sale
$4,550,000 USD
Apartments - FOR SALE
1/10
null | 5.32% Cap Rate

6591 Cordoba Rd
Goleta, CA 93117
Isla Vista


HIGHLIGHTS

  • Located minutes from UCSB and Goleta Beach Park
  • Strong rental income with projected $387K annual revenue
  • Private balconies and ample tenant parking
  • Surrounded by retail, tech employers, and open space
  • 5.83% projected cap rate for 2026/27 school year
  • Rare 5-unit asset in high-demand Isla Vista market

OVERVIEW

Welcome to 6591 Cordoba Rd, a well-positioned 5-unit multifamily property in the center of Isla Vista—just minutes the beach. On a 7,840 SF lot, this asset offers strong rental demand, consistent income, and longterm upside in one of Santa Barbara County’s most sought-after rental markets. Each unit is designed for comfort and efficiency, with features like private balconies and ample parking. With its strategic location and proven rental performance, the property is ideal for investors seeking stability and growth in a high-demand student housing corridor.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$887 USD /SF

# OF UNITS

5

PRICE/UNIT

$910,000

CAP RATE

5.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

SR-H-20

APN/PARCEL ID

075-111-002

ASK ABOUT THIS PROPERTY

Mike LopusColliersMore Info
805-680-8806

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Mike LopusColliersMore Info
805-680-8806

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.