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