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180 Holly Ave
Carpinteria, CA 93013
Rare Offering | Value-Add | Beachside · Multifamily Property For Sale
·
19 Units
Investment Highlights
- Rare Coastal Offering – First time on market in nearly 40 years; long-term family ownership in one of the South Coast’s most supply-constrained market
- Two Furnished Units – Delivered turn-key at closing for optional short-term or premium long-term rental operation.
- Desirable Unit Mix – Nineteen spacious units averaging ~825 SF, primarily two-bedroom layouts with patios or balconies.
- Immediate Value-Add Upside – In-place rents trail market by ~18% with three vacant units and a manager’s unit ready for repositioning.
- Rent Growth Advantage – Select units qualify for rent increases totaling approximately $500 per month ($6,000 annually), adding an estimated $60K–$75K
- Prime Beachside Location – Half a block from Carpinteria State Beach and minutes from Linden Avenue shops, dining, and Amtrak access.
Property Facts
| No. Units | 19 | Lot Size | 0.50 AC |
| Property Type | Multifamily | Building Size | 17,228 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1965 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.50 AC |
| Building Size | 17,228 SF |
| No. Stories | 2 |
| Year Built | 1965 |
| Parking Ratio | 1.1/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Range
Site Amenities
- Pool
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $3,250 | 700 |
| 2+1 | 17 | $3,500 | 850 |
Property Taxes
| Parcel Number | 003-481-016 | Improvements Assessment | $2,232,783 |
| Land Assessment | $1,327,229 | Total Assessment | $3,560,012 |
Property Taxes
Parcel Number
003-481-016
Land Assessment
$1,327,229
Improvements Assessment
$2,232,783
Total Assessment
$3,560,012
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