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Listed by Jason Liehr • Beachside Partners
$ 2,050,000
Est. payment | /mo
2,280 SqFt
$ 2,050,000
Est. payment | /mo
2,280 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,280 sqft
Price per Sqft $899
MLS Listing ID V1-36223
Year Built 1930
Lot Size 6,098 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property Description
5387 8th Street presents a rare opportunity to acquire a centrally located Carpinteria fourplex. The property consists of (2) 1BD/1BA units and (2) studio units with a pay-per-use laundry room, carport parking accessed via a rear alley, and a detached single-car garage. Unit C, the largest one-bedroom unit, will be delivered vacant, offering an owner-occupant the flexibility to utilize the unit as a primary residence or vacation retreat while benefiting from a consistent stream of supplemental rental income, or re-tenanting in a high-demand rental market. Unit D, a studio, is scheduled to be delivered vacant on July 1, 2026. Additionally, the garage and carport areas may present potential for ADU conversion, subject to city review and approvals.
The site has benefited from several recent capital improvements, including the installation of foundation retrofit plates for enhanced seismic stability in 2025, as well as a new electrical main panel and sub panel in the garage, a gas meter, and two tankless water heaters installed in 2021. Select units have been updated within the past five years with new wall heaters, vinyl plank flooring, and interior finishes.
Don't miss this compelling opportunity to acquire a well-located, income-producing asset in the supply constrained coastal market of Carpinteria.
The site has benefited from several recent capital improvements, including the installation of foundation retrofit plates for enhanced seismic stability in 2025, as well as a new electrical main panel and sub panel in the garage, a gas meter, and two tankless water heaters installed in 2021. Select units have been updated within the past five years with new wall heaters, vinyl plank flooring, and interior finishes.
Don't miss this compelling opportunity to acquire a well-located, income-producing asset in the supply constrained coastal market of Carpinteria.
Location
State CA
County Santa Barbara
Area Cpta - Carpinteria
Interior
Heating Wall Furnace, Combination
Fireplaces Type None
Laundry Individual Room
Exterior
Parking Features Garage, Detached Carport
Garage Spaces 1.0
Pool None
Community Features Biking, Curbs, Mountainous, Park, Sidewalks, Watersports
View Y/N No
View Other View, None
Building
Lot Description Sprinklers None
Nearby Locations
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114