Remodeled Office
For Sale
$1,300,000
1135 Eugenia Place, Carpinteria, CA 93013
Commercial Sale, CARPINTERIA, CA
Property Size3,167 SF
Price / SF$410.48
Days on Market294
Property Features for 1135 Eugenia Place
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C-O
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Linden Exit to Carpinteria Ave, to Eugenia Place.
Subdivision
05 - CARPINTERIA-SUMMERLAND
Standard status
Active
APN
003-870-005
Size
3,167 SF
Building Details
Year built
1983
Floors in Building
1
Listing Agency:
Sun Coast Real Estate
(805) 682-4304
Listed By:
Michael Agnoli
(805) 722-0154
Added: Dec 17, 2025
Changed: Oct 2
Last Checked: Oct 7 at 12:06AM
MLS# 25-4404
Copyright © 2026 Santa Barbara Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This office condominium offering spans 3,167 square feet across three parcels in downtown Carpinteria. The interior was remodeled with contemporary finishes and includes six private offices, a dedicated conference room, an updated kitchen, and modern bathrooms, including one with a shower. The building was constructed in 1983 and is fully sprinklered.
Located on Eugenia Place, the property is near downtown shopping and dining, with the beach also a short drive away. C-O zoning supports its office classification, while on-site parking adds practical convenience for occupants and visitors.
Located on Eugenia Place, the property is near downtown shopping and dining, with the beach also a short drive away. C-O zoning supports its office classification, while on-site parking adds practical convenience for occupants and visitors.
Key Highlights
- 3,167 SF office condominium across three parcels
- Six private offices plus a dedicated conference room
- Updated kitchen and modern bathrooms, including one with a shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,499
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,980
$1.1M
Cap Rate 7%
$807,129
$807.1K
Cap Rate 9%
$627,767
$627.8K
Market Conditions
NOI Build-Up for 3,167 SF
Gross rent
$83.6K $26.40/SF
− Vacancy
−$8.3K −$2.61/SF
EGI
$75.3K $23.79/SF
− OpEx
−$18.8K −$5.95/SF
NOI
$56.5K $17.84/SF
Area
Santa Barbara County, CA
Vacancy
9.90%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,129,980
Cap Rate 7%
$807,129
Cap Rate 9%
$627,767
Alternative Uses
Best Use
Office B
$807.1K
$706.2K – $941.7K
NOI $56,499 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$994.0K
$869.7K – $1.16M
NOI $69,579 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Office units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
Explore this area
Business Placement
Demographics for 93013, CA
16,299
Population
7,640
Households
2.1
Avg Household Size
45
Median Age
46%
College-Educated
87%
High-School Grad
41.4 sq mi
ZIP Area
394
Density / Sq Mi
$115,633
Median Household Income
$49,017
Median Earnings
$2,331
Median Rent
$1,074,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Six private offices, a conference room, and updated shared facilities support professional occupancy.
Where is this office units located?
The property is located at 1135 Eugenia Place Carpinteria, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 3,167 SF office condominium across three parcels; Six private offices plus a dedicated conference room; Updated kitchen and modern bathrooms, including one with a shower
