6591 Cordoba Road Goleta, CA ^$ 4,550,000

6591 Cordoba Road

^$ 4,550,000

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Recently Listed

6591 Cordoba Road

Goleta, CA, 93117

^$ 4,550,000

Studio Baths2.0 Sq 5,130

Monthly Estimate*

^$ 28,386

Listed by Colliers International

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Studio

Multi-Family Home for sale in Goleta, CA

for $4,550,000 with 2 full baths. This 5,130 square foot home was built in 1966 on a lot size of 0.18.

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

Multi-Family Active

Price

^$ 4,550,000

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.18

Year Built

1966

Town/City

Goleta

County/Region

Santa Barbara

MLS | Web ID

V1-32761

Days on Market

Features

General

Sewer Public Sewer

Heating Electric

Cooling None

Utilities Electricity Available Electricity Connected Natural Gas Available Sewer Connected Water Available Water Connected

Appliances Dishwasher Free-Standing Range Microwave Refrigerator

HOA Fee 0

Garage Spaces 0

Patio/Porch Features Balcony

Pool Features None

Construction Materials Frame

Year Built 1966

Electric Standard

Tenant Pays All Utilities

View Ocean

Stories Count 2

Levels Two

Gross Income 352800

Community Features Biking

Accessibility Parking

County Santa Barbara

Net Operating Income 241835

Operating Expense 110965

Insurance Expense 15500

Property Type Residential Income

MaintenanceExpense 8750

Subdivision Name Santa Barbara: Other - 0080

Garage Y/N 0

Special Listing Conditions Standard

Status Active

Directions Cross Street: Camino Pescadero

City Goleta

Senior Community Y/N 0

Number Of Units Total 5

MLS Area VC81 - Santa Barbara

Lot Size Units Acres

Lot Size Square Feet 7840.8

Number of Units Leased 5

Listing Terms Cash Conventional 1031 Exchange

Spa Features None

Property Attached Y/N 0

Land Lease Y/N 0

Electric Expense 500

Fuel Expense 1750

Property Condition Updated/Remodeled

Trash Expense 5000

Water Sewer Expense 6500

Additional Parcels Y/N 0

Rent Control Y/N 0

Standard Status Active

Year Built Source Public Records

Tax Lot 4

Interior

Interior Amenities Open Floorplan

Flooring Vinyl

Fireplace Features None

Total Stories 2

Common Walls No Common Walls

Air Conditioning Y/N 0

Heating Y/N 1

Fireplace Y/N 0

Laundry Features Laundry Room

Total Baths 0

Exterior

Exterior Amenities Balcony

Fencing None

Parking Features Paved

Lot Features Sprinklers None

Water Source Public

Total Parking 8

Lot Size Area 0.18

Number of Buildings 1

Spa 0

Building Area Total 5130

Lot Size Acres 0.18

Road Surface Type Paved

Private Pool 0

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

* Excluded Features

List By

Colliers International

Broker

mike.lopus@colliers.com

Affordability Calculator

$28,386

Per Month

Monthly Principal & Interest: $28,386
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Goleta, CA

Average List Price ^$9,622,500

Percent of Sale Price 111%

About Goleta, CA

31,903 Population

11% Since 2002

^$84,611 Median Income

37.3 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$4,550,000		Listed Price

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6591 Cordoba Road, Goleta, CA, 93117 is a Multi-Family Home for sale at $4,550,000 with 5,130 sqft and a lot size of 0.18. 6591 Cordoba Road is a studio with 2.0 baths and was built in 1966. The property's zip code is 93117 which is in Goleta, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2025. 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.

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6591 Cordoba Road

Multi-Family Home for sale in Goleta, CA

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