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250 Ash Avenue, CARPINTERIA, CA 93013

$2,900,000
Property Type: Res Inc Square Footage: 3,797 Status: Closed
Current Price: $2,900,000 List Date: 7/02/2025 Last Modified: 9/03/2025

Overview

Description

Exceptional 4 unit apartment building in arguably Carpinteria's best location!!! 2 blocks to direct beach access & adjacent to the pristine Salt Marsh open space allowing for the utmost in peace and harmony! This wonderful property features a possible owner's unit in front with a recent gorgeous remodel with a high end modern beachy vibe, plus an oversized patio & balcony with extraordinary panoramic mountain and nature preserve views! Upgrades include recessed lighting, beautiful new flooring, high end kitchen w/ stainless appliances, stylish bathrooms, & Mielle washer/dryer. The property is 100% occupied at 4.23 in place cap rate, w/ 2 units below mkt rents. 3 - 2 bdrm, 1.5 bath townhouse style units, and 1 - 1 bdrm, 1 bth upper unit. Rare offstreet parking w/ 6 covered spaces.

Listing Details MLS# 25-2557

Location Info

District
05 - CARPINTERIA-SUMMERLAND
Street #
250
Street Name
Ash
Street Suffix
Avenue
State
CA
Country
US
Postal Code
93013
Compass Map
Carpinteria
Map Grid
F7
County
Santa Barbara
Parcel Number
003-463-011
Cross Street
3rd

Contract Info

Price
2950000
Seller Consider Concessions
Yes
Begin Date
2025-07-02

Status Information

Sold Date
2025-08-29
Under Contract Date
2025-07-18

Property Information

Number of Units
4
Stories
2
Year Built
1978
Main House SqFt
3797
Recurring Fees
No

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
88500

More Information

Miscellaneous

Parking Spaces
6
# Refrigerators
4
# Stoves
4

Unit 1

# Units
Yes
# Bedrooms
2
# Baths
2
# Half Baths
Yes
Furnished
Y
Rent
4800
Monthly Total
4800
M/M
Yes

Unit 2

# Units
Yes
# Bedrooms
2
# Baths
2
# Half Baths
Yes
Furnished
N
Rent
2365
Monthly Total
2365
M/M
Yes

Unit 3

# Units
2
# Bedrooms
2
# Baths
2
# Half Baths
Yes
Furnished
N
Rent
4800
Monthly Total
4800
Lease
Yes

Unit 4

# Units
Yes
# Bedrooms
2
# Half Baths
Yes
Furnished
N
Rent
2198
Monthly Total
2198
M/M
Yes

Meters

Sep Meter Elec
N
Sep Meter Gas
No

Neighborhood/Schools

Elementary School
Canalino
Junior High School
Carp. Jr.
High School
Carp. Sr.

Condition

Excellent
Yes

Foundation

Slab
Yes

Proximity

Near Ocean
Yes
Near Shopping
Yes

Laundry

In Unit
Yes
Laundry Room
Yes

Amenities

Gas Stove
Yes
Dishwasher
Yes
Microwave
Yes
Washer
Yes
Dryer
Yes
Refrigerator
Yes
Fncd Prt
Yes

Income/Expenses

Total Monthly Income
15363
Annual Income
184356
Gross Rent Multiplr
16.00
Capitalization Rate
4.23
Estimated
Yes
NOI
124725

Heating

Wall
Yes

Zoning

PRD
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Parking Info

Carport
Yes
Cpt #6
Yes

Flr/Wdw Coverings

Vinyl Plank
Yes

Owner Provides

Water
Yes
Trash
Yes

Property Features

Unit 1: M/M Unit 2: M/M Unit 3: Lease Unit 4: M/M Condition: Excellent Foundation: Slab Parking Info: Carport; Carport; Cpt #6 Proximity: Near Ocean; Near Shopping Laundry: In Unit; Laundry Room Amenities: Gas Stove; Dishwasher; Microwave; Washer; Dryer; Refrigerator; Fncd Prt Heating: Wall Owner Provides: Water; Trash Zoning: PRD Terms: Cash; Conventional Listing Type: ER
IDX
Listing Office: Berkshire Hathaway HomeServices California Properties
Last Updated: September - 03 - 2025
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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