Brian Bailey Commercial Real Estate

4705-4700 8th Street
Carpinteria, CA 93013
32 Units - Pueblo del Sol
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Sale Price: $7,650,000
Square Feet: 33,585 SF
Parcel Size: 1.8 Acres
APN: 003-252-019
Zoning: PRD 15
Number Of Units: 32
Cap Rate: 5.0%
Gross Rent Multiplier: 12.4%

Pueblo del Sol PDF Flyer
Pueblo del Sol is arguably the best apartment complex in Carpinteria. The property is located at the end of a cul-de-sac on 8th St. on both sides of the street. There are four parcels totaling approximately 1.80 acres. There are ten detached duplexes and four detached triplexes placed throughout the lushly landscaped grounds. The apartments feature two bedroom, one and a half bath and three bedroom, two bath units. The southwestern-style pueblo architecture is accented by tilemansard roofs, exterior beams and walled courtyards. Maintenance has been impeccable with extraordinary attention to detail not commonly found in apartment building operations. This is the first time on the market since 1981. You won't find a more outstanding apartment complex on the market on the South Coast!

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member Equity Management Services
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member Senior Real Estate Specialist
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