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    4840 Dorrance Way

    Out Of Area, CA 93013
    • $3,285,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 202109201
    UPDATED: 88 min ago
    $3,285,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    99
    Type:
    Multi-Family
    Built:
    1951
    County:
    Area:
    99

    School Ratings & Info

    Description

    Let's go to the beach! This oversized lot features a classic beach cottage with a more recently constructed townhouse and apartment and is three blocks or less from just about everything in Carpinteria - the beach, the salt marsh, the state park, restaurants and shops! The front house has 3 bedrooms and 2 baths with a fenced front yard and porch that look towards the sunset. The rear building has a 3 bedroom and 2 bath townhouse with a large backyard patio facing the mountains and a 2 bedroom, 1 bath upstairs apartment that looks over the rooftops toward to beach. Both rear units have private two-car garages and the front house has on-grade parking for two cars. All three units have been vacation rentals with the rear units occupied by long term winter tenants.

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    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Watson Realty or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-09-22T23:31:39.06.
    www.kerncountyhome.com/homes/120741689
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    4840 Dorrance Way Out Of Area, CA 93013

    • Price: $3,285,000
    • Status: Active
    • Updated: 88 min ago
    • ID#: 202109201
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1951
    Built
    Neighborhood:
    99
    County:
    Out Of Area
    Area:
    99
    Property Description
    Let's go to the beach! This oversized lot features a classic beach cottage with a more recently constructed townhouse and apartment and is three blocks or less from just about everything in Carpinteria - the beach, the salt marsh, the state park, restaurants and shops! The front house has 3 bedrooms and 2 baths with a fenced front yard and porch that look towards the sunset. The rear building has a 3 bedroom and 2 bath townhouse with a large backyard patio facing the mountains and a 2 bedroom, 1 bath upstairs apartment that looks over the rooftops toward to beach. Both rear units have private two-car garages and the front house has on-grade parking for two cars. All three units have been vacation rentals with the rear units occupied by long term winter tenants.
    Exterior Features

    Garages 0 Parking Garage Parking Spaces 0.00

    Property Features

    Annual Gross Income 115000.00 Annual Net Income 90000.00 Cap Rate 0.03 Disclosures None Of The Above Multifamily Type 3 Units Total Annual Expense 25000.00 Vacancy Factor 25.00

    Listing courtesy of Terri Meyer Collins of Watson Realty.


    Information deemed reliable, but not guaranteed. Copyright Golden Empire MLS, Inc. 2021. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Watson Realty or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-09-22T23:31:39.06.
     
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    MV & Associates Real Estate
    5329 Office Center Ct, Ste 201
    Bakersfield CA, 93313