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Remodeled Office Condo
For Sale
$1,300,000

1135 Eugenia Pl Unit 5-7, Carpinteria, CA 93013

Six private offices, a conference room, updated kitchen, and modern restrooms create a functional professional workspace.

Property Size3,167 SF
Price / SF$410.48
Days on Market331

Property Features for 1135 Eugenia Pl Unit 5-7

General Information

Standard status Active
Size 3,167 SF
Property subtype Commercial

Additional Details

Sprinkler System Yes
Office Units 1

Building Details

Year Built 1983
Listing Agency: Sun Coast Real Estate
Listed By: Michael Agnoli
Source: Santabarbarahomesearcher
Added: Nov 17, 2025 Changed: Oct 1 Last Checked: Oct 12 at 7:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sun Coast Real Estate

Investment Insights

Based on property information with market context.

This 3,167-square-foot office condo, built in 1983, has been remodeled with contemporary interior finishes. The configuration includes six private offices, a separate conference room, an updated kitchen, and modern bathrooms, including one with a shower. A flexible floor plan accommodates professional office operations, while full sprinkler coverage adds an important building feature.

The property is located in downtown Carpinteria at 1135 Eugenia Pl, Unit 5-7. Shopping, dining, and the beach are minutes away, and on-site parking supports daily access for occupants and visitors.

Key Highlights

  • 3,167 SF office condo in downtown Carpinteria
  • 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 (±1% cap)
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 (±1% cap)
NOI $69,579 @ 7.0% cap · market cap 5.35%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Ashleigh Lamberti, LMFT Psychotherapist Impact Recruitment LLC. Employment Agency Korling Law Law Firm

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

973
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Six private offices, a conference room, updated kitchen, and modern restrooms create a functional professional workspace.
Where is this office units located?
The property is located at 1135 Eugenia Pl Unit 5-7 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 condo in downtown Carpinteria; Six private offices plus a dedicated conference room; Updated kitchen and modern bathrooms, including one with a shower
More about this property
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