6591 Cordoba Road, ISLA VISTA, CA 93117 (MLS# 26-68)

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6591 Cordoba Road, ISLA VISTA, CA 93117

$4,425,000

Property Type: Res Inc Square Footage: 5,130 Lot Size (sq. ft.): 7,841 Status: Active

Current Price: $4,425,000 List Date: 1/08/2026 Last Modified: 5/18/2026

Overview

Description

Welcome to 6591 Cordoba Rd, a well-positioned 5-unit multifamily property in the center of Isla Vista-just minutes to the beach. On a 7,840 SF lot, this asset offers strong rental demand, consistent income, and long-term 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. 5.32% CAP Rate.

Listing Details MLS# 26-68

Location Info

District: 20 - SB/WEST OF STATE
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 Number: 075-201-026
Cross Street: Camino Pescadero
Walk Score: 80
Bike Score: 100

Contract Info

Price: 4425000
Begin Date: 2026-01-08

Property Information

Number of Units: 5
Stories: 2
Year Built: 1966
Main House SqFt: 5130
Apx Lot SqFt: 7841
Recurring Fees: No

Remarks

Hot Sheet Comment: price

Miscellaneous

Parking Spaces: 8
# Refrigerators: 5
# Stoves: 5

Unit 1

# Units: Yes
# Bedrooms: 3
# Baths: 2
Furnished: N
Rent: 6000
Monthly Total: 6000
# Half Baths: 0

More Information

Unit 2

# Units: 2
# Bedrooms: 3
# Baths: 2
Rent: 6000
Monthly Total: 6000

Unit 3

# Units: 3
# Bedrooms: 3
# Baths: 3
Rent: 6000
Monthly Total: 6000

Unit 4

# Units: 4
# Bedrooms: 2
# Baths: 2
Rent: 6000
Monthly Total: 6000

Parking Info

Total # Unconvered Spaces: 8

Neighborhood/Schools

Elementary School: Isla Vista
Junior High School: Other
High School: Other

Owner Info

Deposit: 0

Laundry

Laundry Room: Yes

Amenities

Elec Stove: Yes
Dishwasher: Yes
Microwave: Yes
Refrigerator: Yes

Income/Expenses

Total Monthly Income: 30000
Annual Income: 360000
Insurance: 15500
Water Expense: 6500
Electric Expense: 500
Gas Expense: 1750
Trash Expense: 5000
Maintenance Expense: 8750
Total Monthly Exp: 110965

Heating

Elec: Yes

Zoning

R-4: Yes

Terms

Cash: Yes
OTHER/CLA: Yes

Listing Type

ER: Yes

Flr/Wdw Coverings

Vinyl Plank: Yes

Property Features

Laundry: Laundry Room Amenities: Elec Stove; Dishwasher; Microwave; Refrigerator Heating: Elec Zoning: R-4 Terms: Cash; OTHER/CLA Listing Type: ER

Listing Office: Colliers International Greater Los Angeles, Inc.

Last Updated: May - 18 - 2026

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