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Key Details
Sold Price $4,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC23069199
Sold Date 07/27/23
Bedrooms 5
HOA Y/N No
Lot Size 8,712 Sqft
Property Description
Rarely does an asset come available on the South Coast of Santa Barbara County that offers the full package like 4956 5th Street, with its A+ location, great unit mix of 3BDs and 2BDS, and long-term rent potential. Located one property off of Linden Avenue and just three blocks from Carpinteria State Beach, the property boasts five (5) large 3BD/2BA units and two (2) large 2BD/1BA units. Ground-floor units offer their tenants patios while second-floor units offer decks. Unit #7 features an approximately 400 SF view deck. In addition to spacious units, the property features excellent on-site parking, three storage garages, and an on-site common laundry room. Located squarely in the center of downtown Carpinteria near two up-and-coming major developments, numerous restaurants, several breweries & tasting rooms, multiple local stores and shops, and the other amenities that make Carpinteria one of Californias best beach towns. Do Not Disturb Tenants or Walk on Property Without Agent's Permission. Property is being sold "As-Is, Where-Is".
Rarely does an asset come available on the South Coast of Santa Barbara County that offers the full package like 4956 5th Street, with its A+ location, great unit mix of 3BDs and 2BDS, and long-term rent potential. Located one property off of Linden Avenue and just three blocks from Carpinteria State Beach, the property boasts five (5) large 3BD/2BA units and two (2) large 2BD/1BA units. Ground-floor units offer their tenants patios while second-floor units offer decks. Unit #7 features an approximately 400 SF view deck. In addition to spacious units, the property features excellent on-site parking, three storage garages, and an on-site common laundry room. Located squarely in the center of downtown Carpinteria near two up-and-coming major developments, numerous restaurants, several breweries & tasting rooms, multiple local stores and shops, and the other amenities that make Carpinteria one of Californias best beach towns. Do Not Disturb Tenants or Walk on Property Without Agent's Permission. Property is being sold "As-Is, Where-Is".
Location
State CA
County Santa Barbara
Area Carpinteria (93013)
Zoning Other
Building
Story 2
Lot Size Range 7500-10889 SF
Others
Acceptable Financing Cash
Space Rent $16,396
Listing Terms Cash
Financing Cash
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Bought with General NONMEMBER • NONMEMBER MRML