$6,500,000

160 Ash Ave Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated payment $42,468/month

Total Views 7,206
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Property is near an ocean
  • Furnished
  • Property is in excellent condition
  • Property is near a park
  • Vinyl Plank Flooring
  • 1-minute walk to Carpinteria Salt Marsh Nature Park

About This Home

Welcome to your slice of paradise—where salt meets sea—in the heart of Carpinteria, California. This fully remodeled 7-unit income property offers the perfect blend of coastal charm and modern convenience. Located just half a block from the beach and moments from the newly developed Linden Square, you'll enjoy easy access to Carpinteria's newest restaurants, wine tasting rooms, breweries, and cozy fire pits. Directly across from a peaceful salt marsh nature preserve, this prime location offers it all—surf, sand, and scenic trails just outside your front door. Each of the seven units features 2 bedrooms and 1 bathroom, thoughtfully renovated and sold fully furnished. All units are delivered vacant, ready for you to welcome vacation guests, secure long-term tenants, or enjoy a flexible mix of both.

This charming coastal town is beloved for its laid-back vibe, small-town charm, and stunning natural beauty. Often referred to as "the last true beach town" by New York Times and home to "the world's safest beach," Carpinteria offers something for everyonefrom kid-friendly parks to romantic shoreline views.

This is a rare opportunity to own a turnkey beachside retreat in one of California's most treasured seaside towns. Whether you're seeking an investment property, a vacation getaway, or a peaceful full-time residence, this offering combines location, lifestyle, and long-term value. Don't miss your chanceproperties like this rarely come available.

Listing Agent

PWRE Real Estate

Goodwin & Thyne Properties License #01908420 / 01319082 Listed on: 06/16/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 7 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Slab Foundation

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Vinyl Plank
  • Vinyl

Laundry

  • Dryer
  • Washer

Location

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

Schools

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

Utilities

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

Additional Features

  • Furnished
  • Property is near an ocean

Listing and Financial Details

  • Assessor Parcel Number 003-463-007
  • Seller Considering Concessions

Community Details

Overview

  • 7 Units

Building Details

  • Insurance Expense $7,339
  • Maintenance Expense $12,734
  • New Taxes Expense $5,416
  • Operating Expense $198,613
  • Gross Income $487,200
  • Net Operating Income $353,587

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1963
  • Income Expenses Annual Income: 487200.0
  • Capitalization Rate: 5.4
  • Maintenance Expense: 12734.0
  • Annual Expenses: 198613.0
  • Monthly Expense: 16551.0
  • Monthly Income: 40600.0
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • Miscellaneous Parking Spaces: 9.0
  • ResoLaundryFeatures: Other
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Other
  • Income And Expenses Maintenance Expense: 12734.0
  • Reso Accessibility Features: Other
  • Reso Flooring: Vinyl, Wood/Laminate
  • New Construction: No
  • Reso Property Condition: Excellent
  • Property Information Year Built2: 1963
  • Property Information Apx # Acres: 0.17
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • HeatingCooling Wall3: Yes
  • Parking Info Total # Unconvered Spaces: 7.0
  • Condition Excellent: Yes
  • Foundation:Slab: Yes
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Property Information Apx Lot SqFt: 7405.0
  • Proximity Near Bus: Yes
  • FlrWdw Coverings WoodLaminate2: Yes
  • Property Information Apx Lot Size FxD: 7405
  • Amenities Dishwasher2: Yes
  • Amenities Disposal2: Yes
  • Amenities Microwave2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • IncomeExpenses Taxes6: 5416.0
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities Elec Stove: Yes
  • IncomeExpenses NOI2: 353587
  • Parking Info Total # Garage Spaces2: 2.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.17
  • Foundation Details: Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Open Parking Spaces: 7.0
  • Total Parking Spaces: 9.0

Schools

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

Lot Info

  • Parcel #: 003-463-007
  • Zoning: Other
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Apx Lot Size FxD

Multi Family

  • Number Of Units Total: 7
  • Annual Gross Income: 487200.0
  • Insurance Expense: 7339.0
  • Annual Operating Expense: 198613.0
  • Total Actual Rent: 40600.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $6,500,000 0.0% --
09/12/2022 09/12/22 Rented $4,950 0.0% --
05/03/2022 05/03/22 Off Market $4,950 -- --
02/02/2022 02/02/22 For Rent $4,950 -- --
Source: Santa Barbara Multiple Listing Service

Source: Santa Barbara Multiple Listing Service

MLS Number: 25-2334

Santa Barbara Multiple Listing Service

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

160 Ash Ave, Carpinteria, CA

This home is located at 160 Ash Ave, Carpinteria, CA 93013 and is currently priced at $6,500,000. This property was built in 1963. 160 Ash Ave is a home located in Santa Barbara County with nearby schools including Carpinteria Senior High School and The Howard School.

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