910 Pear Street, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - 2 bed, 1 bath

910 Pear Street, CARPINTERIA, CA 93013 home-pic-0

910 Pear Street

CARPINTERIA, CA 93013

ACTIVE
CONDITION: TEAR DOWN
2Beds
1Baths
640Sq Ft
6,250Lot Size

Property Price

LIST PRICE$1,250,000

SUMMARY

Analysis of 910 Pear Street, CARPINTERIA, CA 93013 is currently available with a list price of $1,250,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the CARPINTERIA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

Built in 1935 and held by the same family for nearly a century, the existing 640 sqft structure is in a severely dilapidated state and appears unlivable. The listing description explicitly states the house 'needs a new vision' and is being sold 'as-is,' while images show a weathered, shack-like structure with 'Keep Out' signs. The property's value is clearly in the 6,250 sqft lot and its unique commercial/residential zoning rather than the improvements.

PROSSTRENGTHS & OPPORTUNITIES

  • Prime Estuary Location

    The property is situated immediately adjacent to the Carpinteria estuary, offering a rare and highly desirable coastal setting with natural beauty.

  • Versatile Zoning

    Featuring both commercial planned development and residential zoning, this lot offers unique flexibility for a variety of investment or development strategies.

  • Significant Value-Add Potential

    The potential to add a second story for amazing views and the city's confirmation that an ADU can be built provides a clear path to increasing property value.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6250, other record lot size in square feet = 6098. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

  • Dilapidated Condition

    Built in 1935, the existing 640 sqft structure is very old and requires a complete renovation or a total teardown to be functional.

  • As-Is Sale

    The property is being sold in its current condition, which places the full burden of repair costs and site preparation on the buyer.

About 910 Pear Street

Rare opportunity immediately adjacent to the Carpinteria estuary. In the same family for over 100 years, never before on the market. Large lot with both commerical planned development and residential zoning. A second story would provide amazing views. House is very old and needs a new vision. City has said that an ADU could also be built on the property. All utilities at property. Selling in ''as is'' condition.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1935
Lot Size
6,250 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.5
10%
Baths1.03.0
5%
Square foot6401,532
14%
Lot Size6,2506,534
33%
Price$1.25M$1.69M
19%
Price per sq ft$2.0K$1.0K
90%
Built year19351963
17%
HOA$0$0
50%
Days on market493184
95%

Pricing History

Listed for Sale

Oct 30, 2024

$1,250,000

Initial Listing

Browse Properties by State Browse housing market trends by state