White Caps 160 Ash Ave 7 Unité Immeuble d’appartements 6 883 809 $ CAD (983 401 $ CAD/Unité) Carpinteria, CA 93013

Located about half a block from the beach and directly across from a protected nature reserve, this beautifully renovated 7-unit apartment property offers the kind of setting investors and lifestyle buyers search for but rarely find. The best of Carpinteria is readily at hand: relaxed beach-town lifestyle, a charming downtown, and inviting coastline and natural beauty.
The property features seven 2-bedroom, 1-bath units, each approximately 825–850 square feet. Four units can be delivered vacant, giving a new owner flexibility to capture market rents, pursue short-term rental income (subject to permitting), or reserve units for personal use.
Linden Avenue, Carpinteria’s famously strollable downtown corridor lined with restaurants and shops, is just a few blocks away. Linden Square is a new dynamic hub with tenants including Third Window Brewing, Corazón Cocina, Tina’s Pizza, and Dart Coffee. Little Dom’s Seafood is another dining draw nearby. Two planned projects — the City’s Linden Plaza improvement at the beach end of Linden Avenue, and the proposed Surfliner Inn mixed-use hotel and café at the former train depot — indicate continued investment in the area.
For the buyer who values location as much as income potential, 160 Ash Avenue checks every box: renovated coastal product, a highly walkable setting, flexible occupancy options, and an ideal site in one of Southern California’s most endearing beach communities.
SALE PRICE $4,995,000 ($713,571/unit)
UNITS 7
UNIT MIX All 2BD/1BA
RENTABLE SF 5,925 SF
LAND SIZE 7,405 SF
CAP RATE 4.53-4.58% (current)* 4.79% (AB 1482) 4.92% (market)
GRM 14.57-14.71 (current)* 14.27 (AB 1482) 13.99 (market)
APN 033-032-022
PARKING 7 - 8 spaces
YEAR BUILT 1964 (remodeled)
TO SHOW Do not disturb tenants; Call listing agents