
Carpinteria, CA 93013
This 1964 residence represents a High-Potential Investment Opportunity, listed at a List Price of $1,600,000, which aligns with the $1,600,000 Fair Market Value. While the property maintains a Fair Condition Rating due to dated infrastructure, its High Available Lot Utilization (7,405 sq. ft.) provides significant upside for modernization. The 4-bedroom, 3-bathroom layout offers a versatile floor plan in a Prime Coastal Location. This asset is ideal for Value-Add Investors or Owner-Occupants seeking to build long-term equity through strategic renovations in a desirable Carpinteria neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 June Subject 4 bd · 3 ba · 1,788 sqft · $895 | $1,600,000* List Price | 4 | 3 | 1,788 | $895 | - |
A 1339 El Portal Street Sold 3 bd · 2 ba · 1,670 sqft · $966 · 0.7 mi | $1,614,000 | 3 | 2 | 1,670 | $966 | 0.7 mi |
B 5021 Alvarado Street Active 4 bd · 0 ba · 1,400 sqft · $989 · 0.5 mi | $1,384,000 List Price | 4 | 0 | 1,400 | $989 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1964 (60 years old) and shows signs of deferred maintenance and dated exterior features. Given the age and lack of recent renovation data, the kitchen, baths, and systems are likely functional but significantly dated, requiring cosmetic and minor mechanical updates.
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.
Situated in the highly desirable Carpinteria community, this property offers close proximity to world-class beaches and a charming small-town atmosphere, ensuring strong long-term value.
With a 4-bedroom, 3-bathroom configuration, the home provides a versatile and functional floor plan that is increasingly rare and sought after for growing families in this price point.
At 114 days on market, the property has surpassed the typical local turnover rate, which may lead to buyer concerns regarding its initial pricing strategy or underlying condition.
Built in 1964, the residence likely requires significant capital investment to modernize its original systems and aesthetic finishes to meet contemporary luxury standards.
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 | 3.3 |
| Baths | 3.0 | 3.5 |
| Square foot | 1,788 | 2,660.75 |
| Lot Size | - | 15,899 |
| Price | $1.60M | $4.20M |
| Price per sq ft | $895 | $1.5K |
| Built year | 1964 | 1962 |
| HOA | $0 | $0 |
| Days on market | 134 | 151 |
Jun 12, 2026
$1,600,000
Initial Listing
Jun 2, 1995
$217,000
Public Record