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Isla Vista Multifamily Investment
For Sale
$4,425,000
Pending

6591 Cordoba Rd, Goleta, CA 93117

Five-unit multifamily property in Isla Vista near the beach.

Property Size5,130 SF
Lot Size0.18 Acres
Days on Market268

Property Features for 6591 Cordoba Rd

General Information

Standard status Pending
Size 5,130 SF
Lot size 0.18 Acres
Property subtype Investment

Building Details

Building Size 5,130 SF
Year Built 1966
Stories 2
Units 5
Listing Agency: Radius Group Commercial R.E.
Listed By: Michael Lopus · License #00772218
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 11 Last Checked: Aug 22 at 11:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Radius Group Commercial R.E.

Investment Insights

Based on property information with market context.

Located in Isla Vista, 6591 Cordoba Rd is a five-unit multifamily property situated on a 7,840 square foot lot. The property is positioned in a high-demand student housing corridor and offers proximity to the beach. Each unit is designed for comfort and efficiency, featuring private balconies and ample parking. The property is suitable for investors seeking stability and growth. The property has a 5.32% CAP Rate.

Key Highlights

  • Prime location in Isla Vista, a high‑demand student housing market near the beach.
  • Strong rental demand and consistent income generation.
  • 5‑unit multifamily property offering long‑term investment upside.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Building Supply Hair Salon Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

704
Businesses Nearby

Demographics for 93117, CA

53,430
Population
18,208
Households
2.9
Avg Household Size
28
Median Age
49%
College-Educated
90%
High-School Grad
168.1 sq mi
ZIP Area
318
Density / Sq Mi
$85,711
Median Household Income
$28,542
Median Earnings
$1,980
Median Rent
$1,021,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit multifamily property in Isla Vista near the beach.
Where is this apartment building located?
The property is located at 6591 Cordoba Rd Goleta, CA.
What is the asking price?
The asking price for this property is $4,425,000.
What are key features of this property?
This property features: Prime location in Isla Vista, a high‑demand student housing market near the beach.; Strong rental demand and consistent income generation.; 5‑unit multifamily property offering long‑term investment upside.
More about this property
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