6591 Cordoba Road, ISLA VISTA, CA 93117
$4,550,000
Property Type:
Res Inc
Square Footage:
5,130
Lot Size (sq. ft.):
7,841
Status:
Active
Current Price:
$4,550,000
List Date:
1/08/2026
Last Modified:
2/10/2026
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.
More Information MLS# 26-68
Location Info
Country: US
Compass Map: Santa Barbara
Map Grid: E12
Cross Street: Camino Pescadero
Walk Score: 80
Bike Score: 100
District: 20 - SB/WEST OF STATE
Street #: 6591
Street Name: Cordoba
Street Suffix: Road
State: CA
Postal Code: 93117
County: Santa Barbara
Parcel Number: 075-201-026
Property Information
Year Built: 1966
Stories: 2
Apx Lot SqFt: 7841
Main House SqFt: 5130
Recurring Fees: No
Number of Units: 5
Neighborhood/Schools
Elementary School: Isla Vista
Junior High School: Other
High School: Other
Owner Info
Deposit: 0
Remarks
Hot Sheet Comment: new
Miscellaneous
Parking Spaces: 8
# Refrigerators: 5
# Stoves: 5
Laundry
Laundry Room: 1
Amenities
Elec Stove: 1
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Unit 1
# Units: 1
# Bedrooms: 3
# Baths: 2
# Half Baths: 0
Furnished: N
Rent: 6000
Monthly Total: 6000
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: 1
Unit 2
# Units: 2
# Bedrooms: 3
# Baths: 2
Rent: 6000
Monthly Total: 6000
Zoning
R-4: 1
Terms
Cash: 1
OTHER/CLA: 1
Listing Type
ER: 1
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
Flr/Wdw Coverings
Vinyl: 1
Contract Info
Current Price: $4,550,000
Price: 4550000
Begin Date: 2026-01-08
Status: Active
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: February - 10 - 2026
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