Isla Vista can be an attractive place to live due to its proximity to the coast and the University of California Santa Barbara campus. Here are some potential pros and cons about buying property in Isla Vista:

Pros:
- Location: Isla Vista is in close proximity to both the beach and the university.
- Rental income: Due to the large number of students who attend UCSB, there is a high demand for rental properties in Isla Vista. Purchasing a property for rental purposes could provide a steady source of income.
- Appreciation potential: Real estate in Isla Vista has historically appreciated in value, which could provide a good long-term investment opportunity.

Cons:
- Noise and disruption: Isla Vista can be a noisy and rowdy place, particularly during the school year. Living in the area might not be ideal for those who prefer peace and quiet.
- High housing prices: Property prices in Isla Vista can be relatively high due to the high demand for rental properties. This could make it difficult for some buyers to find an affordable property to purchase.
- Parking issues: Parking can be difficult in Isla Vista, particularly during the school year. This could be a challenge for those who own a car or have guests who need to park in the area.

It is important to do your own research and consider your individual needs and preferences before making a decision about purchasing property in Isla Vista.