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Listed by Michael Lopus • Colliers International
$ 4,550,000
Est. payment | /mo
5,130 SqFt
$ 4,550,000
Est. payment | /mo
5,130 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,130 sqft
Price per Sqft $886
MLS Listing ID CRV1-32761
HOA Y/N No
Year Built 1966
Lot Size 7,840 Sqft
Property Sub-Type Other
Source Datashare California Regional
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
Location
State CA
County Santa Barbara
Interior
Heating Electric
Cooling None
Flooring Vinyl
Fireplace No
Laundry Laundry Room
Exterior
View Ocean
Handicap Access Other
Building
Lot Description Other
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Paul LeJoy
Broker-Owner | Lic# 01467744