4237 Carpinteria Avenue, 1 & 2, CARPINTERIA, CA 93013
$570,000
Property Type:
Comm/Ofc
Baths:
2
Square Footage:
1,504
Lot Size (sq. ft.):
1,742
Status:
Closed
Current Price:
$570,000
List Date:
4/24/2020
Last Modified:
9/12/2020
Description
Fully leased triple net commercial office condo investment in beautiful Carpinteria. Units A & B leased to a quality medical response company that is easy to manage. Rents with current net income of $22,869.00 for a 3.27% cap rate with upside possible. Comparable rentals in back of complex with two units are for rent for $5000/month. With street frontage visibility and parking, single story and separate meters, this makes a solid investment or owner user property. Total of 5 units in the commercial condo property association. This sale includes APN's 003-212-032 & 033. Carpinteria Zoning: CPD/R Commercial Planned Development District/ Residential Overlay.
More Information MLS# 20-1439
Location Info
District: 05 - CARPINTERIA-SUMMERLAND
Street #: 4237
Street Name: Carpinteria
Street Suffix: Avenue
Unit/Space #: 1 & 2
State/Province: CA
Postal Code: 93013
Compass Map: Carpinteria
Map Grid: E6
County: Santa Barbara
Parcel Number: 003-212-032
Cross Street: Estero Way
Contract Info
Current Price: $570,000
Price: 699000
Buyers Agent $/%: 2.5
Begin Date: 2020-04-23
Status: Closed
Property Information
TYP: Commercial
For Sale/Lease: For Sale
#Offices: 2
Total Bathrooms: 2
Gross Sq Ft: 1503.5
Nt Rt Sq Ft.: 1503.5
Total SqFt.: 1503.5
Apx Lot SqFt: 1742
Apx # Acres: 0.02
Owner Info
Deposit: 3
Remarks
Directions: North on 101 to Carpinteria Ave exit.
Hot Sheet Comment: new
Status Change Info
Sold Date: 2020-09-11
Sold Price: $570,000
Under Contract Date: 2020-08-10
Income/Expenses
NOI: 22869
Property Features
Use: Office
Business Type: Service
Zoning: C-P; Other
Condition: Good
Owner Pays: Other
Tenant Pays: Heat; Elec; Gas; Wtr; Taxes; Trash; Janitr; Ins; Ext Main; Prk Area
Parking: Uncovrd
Terms: Cash; Ctnl
Listing Type: ER
Contingent Remarks: SUBJ 2 INSPECT
Listing Office: Santa Ynez Valley Real Estate
Last Updated: September - 12 - 2020
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