1145 Eugenia PlCarpinteria, CA 93013

Property Details for 1145 Eugenia Pl

Lot size

1.59 AC

Property type

Office properties

Property subtype

Office buildings

APN

003-162-011

APU

3162011

Description

This exceptional two-story office building, situated on a 1.59-acre lot in downtown Carpinteria, offers a variety of flexible spaces ideal for medical or traditional office uses. Built in 1990 and extensively renovated in 2017, the property boasts 24,772 square feet of total space, with suites ranging from a minimum of 2,000 square feet to a maximum contiguous space of 5,865 square feet. Currently, one space of 1,500 to 5,865 square feet is immediately available. The building is zoned CPD and features ample parking, with a ratio of 4 spaces per 1,000 square feet. This translates to convenient parking for tenants and their clients. The property's location in the heart of Carpinteria provides easy access to local amenities and excellent visibility. The building's recent renovations ensure modern, efficient spaces, making it an attractive option for businesses seeking a well-maintained and conveniently located office environment. The property's multiple tenancy structure allows for a diverse range of potential occupants. The parcel's APN is 003-162-011. This is a rare opportunity to secure high-quality office space in a desirable Carpinteria location.

• CAP approach

  CAP return

  Valuation

  6%

  $20,681,782

  6.5%

  $19,090,876

  7%

  $17,727,242

• Comparable approach

  Method

  Valuation

  Relative Method

  $13,170,482

  Geo Method

  $13,170,482

• Alternative Use

  Use

  Valuation

  Residential

  $23,672,686

  Hospitality

  $21,684,052

  Educational

  $18,040,878

  Medical

  $18,661,330

  Retail

  $28,063,588

Location Insight

City

Carpinteria

County

Santa Barbara

State

California

Latitude

34.4001

Longitude

-119.516

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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