$2,935,000
$2,975,000
1.3%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 11/26/2024
Key Details
Sold Price $2,935,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-25297
Sold Date 11/26/24
HOA Y/N No
Year Built 1966
Lot Size 7,840 Sqft
Property Description
Welcome to 6591 Cordoba Rd, an exceptional investment opportunity located in the heart of Isla Vista, perfectly positioned for UCSB and SBCC students. This multifamily property, built in 1966, offers a wonderful investment, and is ideally suited for student occupation, ensuring consistent rental income and high demand. Adding to the property's desirability, each of 3 upstairs units include balconies. In addition, parking is convenient with 8 spots bringing in extra monthly income. The property's strategic location offers ease of access to UCSB and SBCC, making it highly attractive to students seeking clean and convenient housing. Each unit is designed for comfort and efficiency, ensuring a low-maintenance lifestyle for both tenants and property management. With its prime location, strong rental demand, and attractive financial metrics, 6591 Cordoba Rd presents an excellent investment opportunity. Contact Listing Agents for further information.
Location
State CA
County Santa Barbara
Area Isla - Isla Vista
Interior
Heating Natural Gas
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Fence None
Pool None
Community Features Suburban
View Y/N No
View None
Roof Type Shingle
Total Parking Spaces 8
Private Pool No
Building
Lot Description Sprinklers None
Others
Senior Community No
Tax ID 075111002
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Non Member • Unknown Agency
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
Scott Greenspan
Broker Owner