
Carpinteria, CA 93013
This property presents a High-Potential Investment Opportunity with a List Price of $1,600,000—positioned well above the $1,561,722 Fair Market Value by -2%. While the property requires a full rehab due to its Fair Condition Rating and dated 1964 systems, the High Available Lot Utilization—with a lot size over four times the living area—provides significant scope for expansion or value-add development. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive modernization strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 June Subject | $1,600,000* List Price | 4 | 3 | 1,788 | $873 | - |
A 1339 El Portal Street Sold | $1,614,000 | 3 | 2 | 1,670 | $966 | 0.7 mi |
B 5021 Alvarado Street Active | $1,384,000 List Price | 4 | 0 | 1,400 | $989 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1964 (60 years old) with no recorded renovations since at least 1995. The exterior shows signs of deferred maintenance and dated materials; given the age, the property likely requires a full rehab of kitchens, bathrooms, and major systems (HVAC/Electric) to meet modern safety and functional standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1788.
Exceptional opportunity in Carpinteria. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 1,788 | 3,013 |
| Lot Size | 7,405 | 16,988 |
| Price | $1.60M | $4.75M |
| Price per sq ft | $895 | $1.4K |
| Built year | 1964 | 1964 |
| HOA | $0 | $0 |
| Days on market | 89 | 172 |
Jun 12, 2026
$1,600,000
Initial Listing
Jun 2, 1995
$217,000
Public Record