4956 5th Street, CARPINTERIA, CA 93013 (MLS# 23-1082)

Your search results

4956 5th Street, CARPINTERIA, CA 93013

$4,000,000

Property Type: Res Inc Lot Size (sq. ft.): 12,632 Status: Closed

Current Price: $4,000,000 List Date: 4/24/2023 Last Modified: 10/17/2024

Overview

Description

Rarely does an asset come available on the South Coast of Santa Barbara County that offers the full package like 4956 5th Street, with its A+ location, great unit mix of 3BDs and 2BDS, and long-term rent potential. Located one property off of Linden Avenue and just three blocks from Carpinteria State Beach, the property boasts five (5) large 3BD/2BA units and two (2) large 2BD/1BA units. Ground-floor units offer their tenants patios while second-floor units offer decks. Unit #7 features an approximately 400 SF view deck. In addition to spacious units, the property features excellent on-site parking, three storage garages, and an on-site common laundry room.

Supplements: Located squarely in the center of downtown Carpinteria near two up-and-coming major developments, numerous restaurants, several breweries & tasting rooms, multiple local stores and shops, and the other amenities that make Carpinteria one of California's best beach towns. Parking: 9 spaces (4 carports, 5 uncovered) Storage: 3 storage rooms Laundry ... (Read more)

Listing Details MLS# 23-1082

Location Info

District: 05 - CARPINTERIA-SUMMERLAND
Street #: 4956
Street Name: 5th
Street Suffix: Street
State: CA
Country: US
Postal Code: 93013
Compass Map: Carpinteria
Map Grid: F7
County: Santa Barbara
Parcel Number: 003-312-012
Cross Street: Linden
Walk Score: 92
Bike Score: 73

Contract Info

Price: 4225000
Financing: Cash
Buyers Agent $/%: 2.5
Begin Date: 2023-04-24

Status Information

Sold Date: 2023-07-27
Under Contract Date: 2023-06-29

Property Information

Number of Units: 7
Stories: 2
Apx Lot SqFt: 12632
Recurring Fees: No
Year Built: 0

NeighborhoodSchools

Neighborhood: 05 - Concha Loma

Remarks

Hot Sheet Comment: price

More Information

Owner Info

Deposit: 126750

Miscellaneous

Parking Spaces: 9

Unit 1

# Units: 5
# Bedrooms: 3
# Baths: 2
Furnished: N
Rent: 3279
Monthly Total: 16396
# Half Baths: 0
M/M: Yes

Unit 2

# Units: 2
# Bedrooms: 2
# Baths: Yes
Monthly Total: 5600

Meters

Sep Meter Elec: Y
Sep Meter Gas: Yes

Parking Info

Total # Carport Spaces: 4
Total # Garage Spaces: 3
Total # Unconvered Spaces: 5
Carport: Yes
Garage: Yes
Outside: Yes

Neighborhood/Schools

Elementary School: Aliso
Junior High School: Carp. Jr.
High School: Carp. Sr.

Foundation

Slab: Yes

Proximity

Near Bus: Yes
Near Ocean: Yes
Near Park(s): Yes
Near School(s): Yes
Near Shopping: Yes

Laundry

Laundry Room: Yes

Amenities

Deck: Yes
Patio: Yes

Income/Expenses

Total Monthly Income: 21996
Other Income: 4400
Annual Income: 268352
Gross Rent Multiplr: 15.74
Capitalization Rate: 4
Estimated: Yes
Total Monthly Exp: 95533
NOI: 167451

Zoning

Other: Yes

Terms

Cash: Yes

Listing Type

ER: Yes

Pub Listing Details

Owner is Licensee: Yes

Contingent Remarks

SUBJ 2 INSPECT: Yes

Exchange

No: Yes

Property Features

Unit 1: M/M Foundation: Slab Parking Info: Carport; Garage; Carport; Outside Proximity: Near Bus; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: Laundry Room Amenities: Deck; Patio Zoning: Other Exchange: No Terms: Cash Listing Type: ER Pub Listing Details: Owner is Licensee Contingent Remarks: SUBJ 2 INSPECT

Listing Office: Hayes Commercial Group

Last Updated: October - 17 - 2024

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.