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One Property w/ Multiple Opportunities 4420 Via Real 3,857 SF Office Building Carpinteria, CA 93013 $2,478,662 CAD ($642.64 CAD/SF)
Investment Highlights
- Unit Mix: 1st Floor: Two Commercial Units 2nd Floor Apartments: (2) 2BD/1BA
- Projected Cap 5.5% (Based on existing 2nd floor rents and projected ground floor rents.)
- Building Size: ±3,857 SF (includes ±400 SF covered parking)
Executive Summary
Freestanding mixed-use building with excellent parking, just off the 101 Freeway in Carpinteria. The second floor offers spacious, well-appointed apartments, currently leased. Both ground-floor commercial spaces will be delivered vacant at close of escrow — one featuring extensive commercial kitchen improvements, including walk-in coolers, floor drains, and stainless steel equipment throughout. A rare opportunity for an investor or owner-user to acquire a versatile, multi-use property with flexible floorplans, HVAC throughout, large windows, and nicely appointed apartments. The roof was replaced and an extensive solar power system with Tesla Powerwall backup was installed in 2024.
Please do not disturb tenants. Contact listing brokers to schedule a showing.
Please do not disturb tenants. Contact listing brokers to schedule a showing.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
3,857 SF
Building Class
B
Year Built
1990
Price
$2,478,662 CAD
Price Per SF
$642.64 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,929 SF
Building FAR
0.38
Lot Size
0.23 AC
Zoning
CPD - Commercial Planned Development
Parking
12 Spaces (3.11 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 003-101-022 | Improvements Assessment | $761,037 CAD |
| Land Assessment | $1,320,170 CAD | Total Assessment | $2,081,206 CAD |
Property Taxes
Parcel Number
003-101-022
Land Assessment
$1,320,170 CAD
Improvements Assessment
$761,037 CAD
Total Assessment
$2,081,206 CAD
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One Property w/ Multiple Opportunities | 4420 Via Real
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