4928 8Th Street, Carpinteria, CA

House

For Sale

Listed price in listed location currency (USD).

$3,200,000

006

MLS® 26-1804

Overview

Key Facts

Type

Levels Residential Income

Size -

Garage Yes

Taxes

Days Active 0

Lot Size

Approx. Age 1940

MLS® Number 26-1804

Property Address: 4928 8th Street, CARPINTERIA, CA, 93013

Average square foot calculated using Size range provided by listing agent.

Description

4928 8th Street offers a compelling investment opportunity in the heart of downtown Carpinteria--one of the South Coast's most supply-constrained and high-demand rental markets. This income-producing property consists of a 3-bedroom, 2-bath single-family residence in the front, plus three rear units, each configured as 2 bedroom, 1 bath with private garages below. The unit mix provides diversified income streams with strong tenant appeal, while the central downtown location--just blocks from shops, dining, and the beach--supports long-term rental stability and premium rents. The property has currently undergone exterior and interior improvements, including a fresh, market-aligned paint scheme to enhance curb appeal and maximize tenant and buyer interest upon launch. With limited multi-unit inventory in Carpinteria, this asset presents both immediate income potential and long-term upside through rental increases and operational optimization. Based on current and projected rents, investors have the opportunity to achieve a competitive cap rate for a coastal California asset, with additional value-add potential. Offered at only $3, 200, 000, this is a rare opportunity to acquire a well-located, multi-unit property in a highly desirable coastal community with strong fundamentals and enduring demand.

MLS® Number26-1804

Laundry LevelEnsuite

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1940

Basement

DrivewayAttached, Garage

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Map

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