4631 Carpinteria Avenue, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 0 bed, 0 bath
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CARPINTERIA, CA 93013
This Premier Mixed-Use Income Asset is listed at $2,700,000, representing a high-quality coastal acquisition aligned with its $2,590,398 Fair Market Value. Boasting a Turnkey Condition Rating, the property features two updated residences and a Freestanding Restaurant situated on an expansive 14,374 sq ft lot. Recent capital improvements and 12 On-Site Parking Spaces ensure a Diversified Income Stream with low maintenance requirements. This rare opportunity in a coveted enclave is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking for a refined, income-producing sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4631 Carpinteria Avenue Subject | $2,700,000* List Price | 0 | 0 | 3,120 | $830 | - |
A 4869 Carpinteria Avenue Pending | $2,500,000 List Price | 0 | 0 | 3,606 | $693 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready, turnkey condition with significant recent capital improvements including a newer roof (2020), fresh exterior paint, and resurfaced asphalt. While interior photos of the kitchens and bathrooms are not provided, the listing describes the residences as 'beautifully updated' and the overall exterior maintenance indicates the property is well-maintained and within its functional lifespan.
This rare mixed-use property features both a residential duplex and a freestanding restaurant, providing multiple revenue sources and reducing overall vacancy risk for investors.
Recent improvements including updated interiors, a newer roof (2020), and resurfaced asphalt minimize immediate capital expenditure requirements and enhance tenant appeal.
The expansive 14,374 sq ft lot includes 12 dedicated on-site parking spaces, a significant and rare asset in a coastal enclave where parking is often at a premium.
Managing a mixed-use site with both commercial restaurant and residential tenants requires more intensive oversight and specialized lease management than traditional residential assets.
With a listing price of $2.7M following a $1.645M sale in 2024, the rapid valuation increase may present challenges for appraisal or yield-sensitive investors looking for high initial cap rates.
Exceptional mixed-use offering in the coveted coastal enclave of Carpinteria, featuring a duplex and freestanding restaurant on an expansive ‡14,374 sq ft lot. The property includes two beautifully updated 1BD/1BA residences, each with a versatile extra room, alongside an approximately 1,920 sq ft restaurant building with a newer roof (2020). Recent improvements include updated interiors, fresh paint, roof work, and resurfaced asphalt, complemented by 12 on-site parking spaces. A rare opportunity to own a refined income-producing asset in a premier location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,120 | 1,560 | 50% |
| Lot Size | 14,375 | 12,850 | 50% |
| Price | $2.70M | $2.22M | 50% |
| Price per sq ft | $865 | $433 | 50% |
| Built year | 0 | 960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 55 | 50% |
Mar 18, 2026
$2,700,000
Initial Listing
Apr 19, 2024
$1,645,000
Public Record