6591 Cordoba Road, Goleta, CA, CA 93117

$4,425,000

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List Price
$4,425,000
Price Change
▼ $125,000 1778918072
Status
ACTIVE
MLS#
V1-32761
County
Santa Barbara
Year Built
1966
Building Square Feet
5,130
Square Feet
7,840
Days on Market
282
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Santa Barbara: Other - 0080

Property Description

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. 5.32% CAP RATE

Additional Information

Parcel Number
075111002
Gross Scheduled Income
$360,000
Operating Expense
110965
Net Operating Income
$241,835
Number of Buildings
1
Lot Features
Sprinklers None
Appliances
Dishwasher, Free-Standing Range, Microwave, Refrigerator
Utilities
Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Available, Water Connected
Heat
Electric
View
Ocean
Exterior Construction
Frame
Patio
Balcony
Sewer
Public Sewer
Water
Public
Community Features
Biking

Listing courtesy of Listing Agent: Michael Lopus (mike.lopus@colliers.com) from Listing Office: Colliers International.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.