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- Listed price
- $225,000
- Listed Aug 25, 2026
- Last sold price
- No recorded sale
117,612 sqft lot|1979 Built|0 MLS days on market
1049 Casitas Pass Rd, Carpinteria, CA 93013
Property Description
Rare opportunity to acquire an established and highly regarded restaurant business in beautiful Carpinteria. After a successful long-term operation of 33 years, the owner is ready to retire and pass this well-established business to a new operator.Hugo's Restaurant has built a loyal customer following and a strong reputation for friendly service, quality food, and a welcoming neighborhood atmosphere. The business benefits from a substantial base of repeat customers, including loyal local patrons and visitors who return regularly to enjoy this longtime favorite.The restaurant enjoys an excellent online reputation, with approximately 4.5+ stars and more than 200 Google reviews, reflecting the strong customer following and community recognition developed over the years.Conveniently located on Casitas Pass Road in Carpinteria, the restaurant serves breakfast and lunch and is known for its comfortable, casual dining atmosphere. The menu includes popular American breakfast and lunch favorites along with Asian-inspired selections, giving a new owner flexibility to maintain the existing concept or introduce their own vision.
Listing agent: Pardeep SinghDRE #02214563psrealtor001@gmail.com, Listing office: Real Estate EBroker, Inc.
MLS data updated 10/25/2026, 4:20:58 PM PT
Source: CRMLSMLS #: V1-38478
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$225,000
Aug 25, 2026
Available records12026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$225,000Original asking price · Aug 25, 2026ZIP 93013 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsAug 25, 2026 – Aug 25, 2026
ZIP 93013 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.