Residential Income In Carpinteria

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. See unbranded Offering Memorandum in Documents for floorplans, site plan and financial summary. All 6 apartments are the same floorplan, 3 each in mirror-image. Square footage and room dimensions were professionally measured; listing Broker, listing agents and Seller do not guarantee, Buyer to verify to their satisfaction. 1-2 units can be shown by appointment, contact Annette or Ken.