NOT LISTED FOR SALE

1088 Linden Ave Unit Triplex Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $2,418,875 - $3,290,000

-- Bed
-- Bath
1,340 Sq Ft
$2,081/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $2,275,000 $1,698 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $17,840/month

12 Days on Market

Highlights

  • Property is near an ocean
  • Wood Flooring
  • Patio
  • Property is near a park
  • Fireplace
  • 6 Car Garage

About This Home

As of July 2022

This craftsman-style Carpinteria Triplex on the Santa Barbara coast consists of an original home and two recently updated units with ample parking and fantastic walkability to downtown and the beach. Great potential for owner-user or investor. Rare opportunity to own this Impeccable triplex with mountain views in beloved Carpinteria. Each bright and sunny unit is in terrific shape, all units are leased month to month with solid tenants. The prime Carpinteria location has easy access to the coast and the freeway, yet feels set apart overlooking the foothills and Santa Ynez mountain range. Each unit features high ceilings, a fireplace, patio, private laundry and a two car garage. Zoned PRD20 Download Full Brochure for more

Last Listed By

Paige Kaye

Paige Kaye, Broker License #01468942 Listed on: 05/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,535

Year Built

  • Built in 1988

Lot Details

  • 6,534 Sq Ft Lot
  • Partially Fenced Property
  • Property is in excellent condition

Parking

  • 6 Car Garage

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Vinyl Plank

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Canalino Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Shared Gas Meter
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 004-041-035

Community Details

Overview

  • 3 Units

Building Details

  • Gross Income $100,680
  • Net Operating Income $82,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,535

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1988
  • Income Expenses Annual Income: 100680.0
  • Capitalization Rate: 3.5
  • Monthly Expense: 1501.0
  • Monthly Income: 8390.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • Miscellaneous Parking Spaces: 6.0
  • Building Stories: 2
  • ResoLaundryFeatures: In Unit, Other
  • ResoLotFeatures: Near Public Transit
  • Reso Flooring: Carpet, Hardwood, Wood/Laminate
  • Garage Yn: Yes
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1988
  • Property Information Apx # Acres: 0.15
  • NeighborhoodSchools Elementary School: Canalino
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Condition Excellent: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • FlrWdw Coverings Hardwood2: Yes
  • Property Information Main House SqFt: 1340.0
  • Proximity Near Shopping2: Yes
  • Proximity Near Bus: Yes
  • FlrWdw Coverings Carpet: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • General Property Information Stories2: 2.0
  • Parking Info Garages: Yes
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Patio2: Yes
  • Amenities Fncd Prt: Yes
  • IncomeExpenses NOI2: 82670
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Acres: 0.15
  • Foundation Details: Mixed

Garage/Parking

  • Parking Features: Garages, Gar #6
  • Total Parking Spaces: 6.0

Association/Amenities

  • Fireplace: Yes

Schools

  • Elementary School: Canalino
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 004-041-035
  • Zoning: PRD
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 100680.0
  • Total Actual Rent: 8390.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 1, 2022
Sold by
Omahoney Jeri L
Bought by
Kn1088 Llc
Seller's Agent
Paige Kaye
Paige Kaye, Broker
Buyer's Agent
Ted Simmons
Berkshire Hathaway HomeServices California Properties
Sold Price
$2,275,000
Total Days on Market
12
Current Estimated Value
$2,788,969

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,969
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Apr 26, 2022
Sold by
Omahoney Jeffrey J
Bought by
Omahoney Jeri L

Purchase Details

Closed on
Jan 27, 2017
Sold by
Mahoney Jeri L O
Bought by
Mahoney Jeffrey J O and Mahoney Jeri L O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kn1088 Llc $2,275,000 Wfg National Title
Omahoney Jeri L -- Wfg National Title
Mahoney Jeffrey J O -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mahoney Jeffrey J O $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $2,275,000 0.0% $1,698 / Sq Ft
07/06/2022 07/06/22 Off Market $2,275,000 -- --
05/16/2022 05/16/22 Pending -- -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $28,535 $2,275,000 $1,000,000 $1,275,000
2022 $10,737 $637,117 $277,715 $359,402
2021 $10,470 $624,625 $272,270 $352,355
2020 $10,263 $618,222 $269,479 $348,743
2019 $10,000 $606,101 $264,196 $341,905
2018 $9,769 $594,217 $259,016 $335,201
2017 $8,284 $582,567 $253,938 $328,629
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Paige Kaye

    Paige Kaye, Broker

    (805) 964-1410

    2 in this area

    11 Total Sales

    Paige Kaye
    Section Image
  • Ted Simmons

    Buyer's Agent in 2022

    Ted Simmons

    Berkshire Hathaway HomeServices California Properties

    (805) 689-6991

    3 in this area

    10 Total Sales

    Ted Simmons
    Section Image
See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 22-1415

Santa Barbara Multiple Listing Service

APN: 004-041-035

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

1088 Linden Ave Unit Triplex, Carpinteria, CA

Homes for Sale in Carpinteria, CA

This home is located at 1088 Linden Ave Unit Triplex, Carpinteria, CA 93013 since 04 May 2022 and is currently estimated at $2,788,969, approximately $2,081 per square foot. This property was built in 1988. 1088 Linden Ave Unit Triplex is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School, The Howard School, and Cate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Santa Barbara Multiple Listing Service This information is being provided for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that you may be interested in purchasing. Data relating to real estate for sale on this Website comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. All information is deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither the Santa Barbara Multiple Listing Service nor the listing broker(s) shall be responsible for any typographical errors, misinformation, or misprints.
Copyright 2025 Santa Barbara Multiple Listing Service. All rights reserved.

Nearby Homes