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Key Details
Sold Price $1,637,975
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-16383
Sold Date 04/04/23
Bedrooms 4
HOA Y/N No
Lot Size 6,970 Sqft
Property Description
Rare investment opportunity to purchase a 4-unit development located in the heart of Carpinteria. The four 1bd+1ba beach cottages makes this an ideal property for a savvy investor. Located a few blocks from Linden Dr and some of South County's finest restaurants, breweries, and shopping. The location is excellent on the beach side of the 101 & less than a mile from 'the world's safest beach.' Bring your creativity and business plan - the opportunities are endless and lucrative. Location plus a little TLC will command top rent rates. Each unit boasts the following: dedicated parking & meters, individual w/d hook ups, private outdoor spaces, low maintenance landscaping, and cozy-chic spaces. The lot is zoned R4 and every inch of this piece of California gold is put to good use.
Rare investment opportunity to purchase a 4-unit development located in the heart of Carpinteria. The four 1bd+1ba beach cottages makes this an ideal property for a savvy investor. Located a few blocks from Linden Dr and some of South County's finest restaurants, breweries, and shopping. The location is excellent on the beach side of the 101 & less than a mile from 'the world's safest beach.' Bring your creativity and business plan - the opportunities are endless and lucrative. Location plus a little TLC will command top rent rates. Each unit boasts the following: dedicated parking & meters, individual w/d hook ups, private outdoor spaces, low maintenance landscaping, and cozy-chic spaces. The lot is zoned R4 and every inch of this piece of California gold is put to good use.
Location
State CA
County Santa Barbara
Area Carpinteria (93013)
Zoning Assessor
Exterior
Exterior Feature Stucco
Roof Type Composition
Building
Lot Description Curbs, Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash, Conventional
Space Rent $1,470
Listing Terms Cash, Conventional
Financing Conventional
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Bought with Denise Ybarra • Better Homes and Gardens Real Estate Property Shoppe