180 Holly Avenue, Carpinteria, CA 93013

180 Holly Avenue is a 19-unit garden-style multifamily community located in Carpinteria, one of the most supply-constrained and desirable coastal submarkets along the Santa Barbara South Coast. This marks the property's first offering in nearly 40 years, an exceptionally rare opportunity to acquire a well-maintained coastal apartment asset in an irreplaceable infill location where multifamily turnover is extremely limited and barriers to entry remain high. The property features an attractive two-story design centered around a landscaped courtyard and pool on a half-acre parcel. Units average approximately 900 square feet and include a mix of one- and two-bedroom layouts, many with private patios or balconies that take advantage of abundant natural light, mountain views, and open-air living. Two units will be delivered fully furnished at closing, offering flexibility for a buyer to operate them as short-term rentals or premium long-term offerings. Three apartments, plus the on-site … read more …