5353 8th St, CARPINTERIA, CA
$1,696,200
INCREDIBLE VALUE AT $531 PER SQUARE FOOT!!! Bring your surfboards & beach cruisers! This ideally located Carpinteria gem rests in an A+ location, in close proximity to Carpinteria's best beaches & surf spots and all that downtown has to offer. This home will appeal to many types of buyers - perfect for a large family, as a dual living situation with rental income to offset monthly overhead, or an amazing opportunity for a 1031 exchange. Historic rent of $8,000/month and projected income of over $10,000/month. With rare PRD-20 (multi-unit) zoning, the potential is endless. Upon entering the 3,250 square foot custom residence, one is met with historic materials harvested along the Santa Barbara coastline: stones from El Capitan Canyon, seaglass from Tar Pits Beach and wood beams constructed from the old Haskell's Pier. The generous and flexible floor plan offers a downstairs bedroom/office ideal for a "work from home" situation and three additional bedrooms on the second story. All bedrooms offer en-suite bathrooms for privacy and prime rentability. In addition, there is large attached studio space with a private entrance, a full bathroom and kitchen hookups that could be used as additional living space, larger home office, or income-producing rental. The exterior of the home is adorned with low maintenance landscaping, a private central patio & back patio, and 3 mature avocado trees that garner $2,000-$3,000 per year. Large two-car garage is accessed off of Willow Street for additional parking and workshop space.
Our team, strives to take the guesswork out of selling or buying a property. The many important details involved in the process can seem daunting — our goal is to make it a seamless and enjoyable experience.
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