5455 8th Street 95, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 2 bed, 3 bath
ACTIVE$900,000$1,115/sqft
5455 8th Street 95, CARPINTERIA, CA 93013
2Beds
3Baths
1,115Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Coastal Location: Direct access to Carpinteria's 'world's safest beach' via a footbridge and immediate proximity to downtown amenities, offering an unparalleled relaxed lifestyle.
Top Cons:
High Monthly Association Fee: The $500 HOA fee represents a significant recurring monthly expense, which could impact overall affordability and potential investment returns for some buyers.
Compared to the nearby listings
Price:$900.0K vs avg $772.0K (+$128,000)78%
Size:1,115 sqft vs avg 610.5 sqft83%
Price/sqft:$807 vs avg $36961%
More Insights
Built in 1971 (55 years old).
Condition: The property is move-in ready with an updated kitchen featuring granite countertops, white cabinetry, and a newly installed dishwasher. The bathroom also shows updates with granite vanity and tiled shower/tub surround. Hardwood floors are present in the main living areas, and carpets appear clean. While the building was constructed in 1971, the significant updates to key areas like the kitchen and bathroom, likely within the last 5-15 years, make it well-maintained and functional, aligning with a 'Good' condition.
Year Built
1971
Close
-
List price
$900K
Original List price
-
Price/Sqft
$807
HOA
$500
Days on market
-
Sold On
-
MLS number
25-4335
Home ConditionGood
Features
Deck
Pool
Spa
View-
About this home
Beach and Downtown nearby allows you to enjoy the Carpinteria relaxed lifestyle. Can be permanent, vacation, or rental property. Ground floor entrance with balcony overlooking the pool/spa. Amenities included pool, spa, clubhouse, 2 permitted parking spaces, 1 carport. HOA includes water. A walk across a footbridge will take you the ''world's safest beach.'' Washer/dryer included. Updated kitchen has newly installed dishwasher.
J
Jo Ann Mermis
Listing Agent
Price History
Date
Event
Price
02/16/24
Sold
$785,000
Condition Rating
Good
The property is move-in ready with an updated kitchen featuring granite countertops, white cabinetry, and a newly installed dishwasher. The bathroom also shows updates with granite vanity and tiled shower/tub surround. Hardwood floors are present in the main living areas, and carpets appear clean. While the building was constructed in 1971, the significant updates to key areas like the kitchen and bathroom, likely within the last 5-15 years, make it well-maintained and functional, aligning with a 'Good' condition.
Pros & Cons
Pros
Prime Coastal Location: Direct access to Carpinteria's 'world's safest beach' via a footbridge and immediate proximity to downtown amenities, offering an unparalleled relaxed lifestyle.
Flexible Usage Options: The property is highly versatile, suitable for permanent residency, a vacation home, or a lucrative rental investment, appealing to a broad range of buyers.
Extensive Community Amenities: Residents benefit from a pool, spa, clubhouse, and two permitted parking spaces (including a carport), significantly enhancing the living experience and convenience.
Updated Kitchen & Included Appliances: The unit features an updated kitchen with a newly installed dishwasher, plus included washer/dryer, providing modern comfort and immediate utility for the buyer.
Desirable Unit Features: A ground floor entrance combined with a private balcony overlooking the pool/spa offers both accessibility and an attractive, relaxing outdoor space.
Cons
High Monthly Association Fee: The $500 HOA fee represents a significant recurring monthly expense, which could impact overall affordability and potential investment returns for some buyers.
Recent Significant Price Appreciation: Listed at $900,000 after selling for $785,000 in February 2024, this rapid price increase (approximately 14.6%) in a short period may be perceived as aggressive by potential buyers.
Property Age & Potential for Further Updates: Built in 1971, despite a kitchen update, other components of the property may be original or require future renovation, potentially leading to deferred maintenance costs for the new owner.