5045-5065 8th Street, Carpinteria CA 93013 (Off Market)

For Sale, USD 5,500,000


5045-5065 8th Street, Carpinteria CA 93013,

Property Type : Multi-Family Home

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Right in the middle of Carpinteria's resurgent central core, adjacent to the new Linden Square development and a few blocks to the beach, Linden Lofts offer a rare multi-family investment opportunity in the downtown area. Built to townhome-style condominium standards, all 6 units are 1200+SF (measured) w/18-foot ceilings, large private patios and 2 parking spaces. Priced at ~$750/SF, Linden Lofts compares favorably to recent multi-family sales in Carpinteria, with further upside return potential if brought to a higher design concept deserving of this A++ location. Few multi-family properties were ever built in the downtown core of Carpinteria - consider this unique opportunity to ride the wave of property and rent appreciation in this supply-constrained and highly desirable niche market.
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5045-5065 8th Street, Carpinteria CA 93013, United States,California,Carpinteria is a Carpinteria luxury Multi-Family Home listed for sale USD 5,500,000. This high end Carpinteria Multi-Family Home is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Carpinteria or search for luxury properties for sale in Carpinteria.