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
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.
More Information MLS# 25-2557
Location Info
Country: US
Compass Map: Carpinteria
Map Grid: F7
Cross Street: 3rd
District: 05 - CARPINTERIA-SUMMERLAND
Street #: 250
Street Name: Ash
Street Suffix: Avenue
State: CA
Postal Code: 93013
County: Santa Barbara
Parcel Number: 003-463-011
Contract Info
Seller Consider Concessions: Yes
Current Price: $2,900,000
Price: 2950000
Begin Date: 2025-07-02
Status: Closed
Property Information
Year Built: 1978
Stories: 2
Main House SqFt: 3797
Recurring Fees: No
Number of Units: 4
Neighborhood/Schools
Elementary School: Canalino
Junior High School: Carp. Jr.
High School: Carp. Sr.
Owner Info
Deposit: 88500
Remarks
Hot Sheet Comment: new
Condition
Excellent: 1
Foundation
Slab: 1
Miscellaneous
Parking Spaces: 6
# Refrigerators: 4
# Stoves: 4
Proximity
Near Ocean: 1
Near Shopping: 1
Laundry
In Unit: 1
Laundry Room: 1
Amenities
Gas Stove: 1
Dishwasher: 1
Microwave: 1
Washer: 1
Dryer: 1
Refrigerator: 1
Fncd Prt: 1
Unit 1
# Units: 1
# Bedrooms: 2
# Baths: 2
# Half Baths: 1
Furnished: Y
Rent: 4800
M/M: 1
Monthly Total: 4800
Income/Expenses
Total Monthly Income: 15363
Annual Income: 184356
Gross Rent Multiplr: 16.00
Capitalization Rate: 4.23
Estimated: 1
NOI: 124725
Heating
Wall: 1
Unit 2
# Units: 1
# Bedrooms: 2
# Baths: 2
# Half Baths: 1
Furnished: N
Rent: 2365
M/M: 1
Monthly Total: 2365
Zoning
PRD: 1
Terms
Cash: 1
Conventional: 1
Listing Type
ER: 1
Unit 3
# Units: 2
# Bedrooms: 2
# Baths: 2
# Half Baths: 1
Furnished: N
Rent: 4800
Lease: 1
Monthly Total: 4800
Unit 4
# Units: 1
# Bedrooms: 2
# Half Baths: 1
Furnished: N
Rent: 2198
M/M: 1
Monthly Total: 2198
Meters
Sep Meter Elec: N
Sep Meter Gas: No
Parking Info
Carport: 1
Cpt #6: 1
Flr/Wdw Coverings
Vinyl: 1
Owner Provides
Water: 1
Trash: 1
Status Information
Sold Date: 2025-08-29
Sold Price: $2,900,000
Under Contract Date: 2025-07-18
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
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.
