4975 Sandyland Road #302, Carpinteria, CA 93013, Carpinteria, 93013 - 0 bed, 0 bath
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4975 Sandyland Road #302
Carpinteria, CA 93013
ACTIVE
CONDITION: GOOD
0Beds
0Baths
683Sq Ft
871Lot Size
Property Price
LIST PRICE$1,499,000
SUMMARY
Breathtaking Ocean Views Just Steps to The Sand! This bright and open 2-bedroom, 1-bath unit offers the best of coastal living, complete with a remodeled bath, recessed lighting, newer appliances, ample storage, and a private balcony with expansive ocean views. Ideal for enjoying morning coffee and sunset relaxation. Currently with an Active Short-Term Rental Permit (no waitlist for new S/T permit in this property zone), this property represents a rare income-generating oceanfront opportunity and an ideal candidate for a 1031 Exchange. With a strong average daily rate (ADR) of $616/night, unit #302 generated $91,751 in gross revenue over the trailing 12 months at a conservative 40.8% occupancy rate due to personal owner use. Casago pro forma puts ave rental at 50%-66% and $120k-$172k/y T.I.C. - Fully financeable, undivided 1/36 interest. Please call Annette Vait with any questions and for more information.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although the building was constructed in 1964, the unit has been well-maintained and updated with a remodeled bathroom, recessed lighting, and newer appliances. The interior shows well, is fully functional, and is move-in ready for immediate use or rental.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
Situated steps from the sand on Sandyland Road, the unit offers breathtaking, expansive ocean views and a private balcony, maximizing its coastal appeal and desirability.
- High-Yield STR Potential
With an active short-term rental permit and no waitlist in this zone, the property boasts a strong $616 ADR and significant revenue growth potential up to $172k annually.
- Modernized Interior
The unit features key upgrades including a remodeled bathroom, recessed lighting, and newer appliances, providing a turnkey experience for investors or vacationers.
CONSRISKS & DEFICIENCIES
- T.I.C. Ownership Structure
The property is an undivided 1/36 Tenancy in Common interest, which can involve more complex financing and management compared to traditional fee-simple condo ownership.
- Compact Living Footprint
With only 683 square feet to accommodate two bedrooms and a single bathroom, the interior space is relatively small, potentially limiting comfort for larger groups.
About 4975 Sandyland Road #302
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1964
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 683 | - |
| Lot Size | 871 | 9,583 |
| Price | $1.50M | $3.00M |
| Price per sq ft | $2.2K | $0 |
| Built year | 1964 | 1940 |
| HOA | $0 | $0 |
| Days on market | 33 | 79 |
Pricing History
Listed for Sale
Sep 21, 2026
$1,499,000
Initial Listing
Sold
May 21, 2021
$1,190,000
Public Record