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$4,550,000
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Property Description
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.
Full Property Details
Full Property Details for 6591 Cordoba Rd
General
- Price: $4,550,000
- Status: Active
- Type: Multi-Family
- Source: SBAOR
- MLS ID: 25-3294
- Updated: 2/11/2026
- Added to Site: 51 day(s) ago
Location
- Area: 30 - SB/GOL SOUTH
- County: Santa Barbara
- Cross Streets: Camino Pescadero
School Information
- Elementary School: Isla Vista
- Middle School: Gol Valley
- High School: S.B. Sr.
Structural Information
- Square Feet: 5,130
- Living Area: 5,130 Sq. Ft.
- Year Built: 1966
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.18
- Lot Size (Sq. Ft.): 7,841
- Lot Size: 7841
- Lot Features: Near Public Transit
- Zoning: Other
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Reports: Prelim
- Property ID: 075-111-002
Listed by Radius Group Commercial R.E.
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Schools
Schools serving 6591 Cordoba Rd
School Districts:Goleta Union Elementary School District, Santa Barbara Unified School District
| Name | Grades | Distance |
|---|---|---|
Isla Vista Elementary School 6875 El Colegio Road, Goleta, CA 93117 | K-6 | 0.7 mi |
Goleta Valley Junior High School 6100 Stow Canyon Road, Goleta, CA 93117 | 7-8 | 2.8 mi |
Dos Pueblos Senior High School 7266 Alameda Avenue, Goleta, CA 93117 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6591 Cordoba Rd
Date
Details
Price
Change
Source
9/02/2025
Listed
$4,550,000
55.03%
MLS
11/18/2024
Sold
$2,935,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6591 Cordoba Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$34,552
-11%
$2,935,000
-14%
2024
$39,022
625%
$3,400,000
1401%
2023
$5,386
5%
$226,449
2%
2022
$5,112
2%
$222,010
2%
2021
$5,010
2%
$217,657
1%
2020
$4,924
1%
$215,426
2%
2019
$4,860
1%
$211,203
2%
2018
$4,793
3%
$207,063
2%
2017
$4,642
10%
$203,004
2%
2016
$4,221
-2%
$199,024
2%
2015
$4,299
1%
$196,036
2%
2014
$4,255
2%
$192,197
—
2013
$4,165
—
$191,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6591 Cordoba Rd
6591 Cordoba Road, Goleta, CA 93117 (MLS# 25-3294) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 6591 Cordoba Road is currently listed for $4,550,000 and was received on February 11, 2026. Want to learn more about 6591 Cordoba Road? Do you have questions about finding other Multi-Family real estate for sale in Goleta? You can browse all Goleta real estate or contact a Coldwell Banker agent to request more information.

