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160 Ash Avenue 1, Carpinteria, CA 93013, Carpinteria, 93013 - bed, bath

160 Ash Avenue 1, Carpinteria, CA 93013 home-pic-0
ACTIVE$5,495,000/sqft
160 Ash Avenue 1, Carpinteria, CA 93013
0Bed
0Bath
Sqft
7,405Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Coastal Location: The property boasts a prime location, half a block from Carpinteria Beach, moments from the newly developed Linden Square, and directly across from a peaceful salt marsh nature preserve, in a highly desirable 'last true beach town'.
Top Cons:
Significant Capital Investment: The list price of $5.495 million represents a substantial financial commitment, which may limit the pool of potential buyers for this multi-unit property.

Compared to the nearby listings

Compared against 0 nearby listings

More Insights

Built in 1963 (63 years old).
Condition: Despite being built in 1963, this property has undergone a full and thoughtful renovation, as explicitly stated in the description and evidenced by the images. The kitchens feature new white shaker cabinets, light quartz countertops, subway tile backsplashes, and modern stainless steel appliances. Bathrooms are equally updated with marble-look tile surrounds, contemporary vanities, and stylish floor tiles. Throughout the units, there is consistent light wood-look flooring, modern light fixtures, and a fresh, clean aesthetic, indicating all components are virtually new and meet current quality standards with no visible deferred maintenance.
Year Built
1963
Close
-
List price
$5.5M
Original List price
-
Price/Sqft
$0
HOA
$0
Days on market
-
Sold On
-
MLS number
SC25140814
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Welcome to your slice of paradise—where salt meets sea—in the heart of Carpinteria, California. This fully remodeled 7-unit income property offers the perfect blend of coastal charm and modern convenience. Located just half a block from the beach and moments from the newly developed Linden Square, you'll enjoy easy access to Carpinteria's newest restaurants, wine tasting rooms, breweries, and cozy fire pits. Directly across from a peaceful salt marsh nature preserve, this prime location offers it all—surf, sand, and scenic trails just outside your front door. Each of the seven units features 2 bedrooms and 1 bathroom, thoughtfully renovated and sold fully furnished. All units are delivered vacant, ready for you to welcome vacation guests, secure long-term tenants, or enjoy a flexible mix of both. This charming coastal town is beloved for its laid-back vibe, small-town charm, and stunning natural beauty. Often referred to as "the last true beach town" by New York Times and home to "the world's safest beach," Carpinteria offers something for everyonefrom kid-friendly parks to romantic shoreline views. This is a rare opportunity to own a turnkey beachside retreat in one of California's most treasured seaside towns. Whether you're seeking an investment property, a vacation getaway, or a peaceful full-time residence, this offering combines location, lifestyle, and long-term value. Don't miss your chanceproperties like this rarely come available.

K
Kevin Goodwin
Listing Agent

Price History

Date
Event
Price
05/19/21
Sold
$3,300,000
Condition Rating
Excellent
Despite being built in 1963, this property has undergone a full and thoughtful renovation, as explicitly stated in the description and evidenced by the images. The kitchens feature new white shaker cabinets, light quartz countertops, subway tile backsplashes, and modern stainless steel appliances. Bathrooms are equally updated with marble-look tile surrounds, contemporary vanities, and stylish floor tiles. Throughout the units, there is consistent light wood-look flooring, modern light fixtures, and a fresh, clean aesthetic, indicating all components are virtually new and meet current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Exceptional Coastal Location: The property boasts a prime location, half a block from Carpinteria Beach, moments from the newly developed Linden Square, and directly across from a peaceful salt marsh nature preserve, in a highly desirable 'last true beach town'.
Turnkey Multi-Unit Income Property: This fully remodeled 7-unit property is delivered vacant and sold fully furnished, offering immediate income generation potential for vacation or long-term rentals with minimal effort for the new owner.
Flexible Investment Strategy: The property's configuration and location allow for diverse use as a vacation rental, long-term rental, or a combination, appealing to various investor profiles seeking an investment property or a personal retreat.
Strong Market Appeal: Located in Carpinteria, a town renowned for its laid-back vibe, small-town charm, and natural beauty, ensuring high demand from both tenants and vacationers, contributing to long-term value.
Recent Renovations & Furnishings: All seven units have been thoughtfully renovated and are sold fully furnished, minimizing initial setup costs for the buyer and maximizing immediate appeal to potential renters.

Cons

Significant Capital Investment: The list price of $5.495 million represents a substantial financial commitment, which may limit the pool of potential buyers for this multi-unit property.
Age of Original Structure: Despite being fully remodeled, the building's original construction year of 1963 could imply potential for unforeseen maintenance issues related to underlying systems or higher insurance costs for older structures.
Uniform Unit Configuration: All seven units share the same 2-bedroom, 1-bathroom layout, which might limit appeal to renters seeking different sizes or configurations, such as studios or larger units with multiple bathrooms.
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