Map
Listed price in listed location currency (USD).
$3,200,000

9512

MLS® 26-1910

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage Yes
Taxes 
Days Active 12
Lot Size 
Approx. Age 1940
MLS® Number 26-1910

Property Address: 4928 8th St, CARPINTERIA, CA, 93013-3519

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

Description

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. 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. 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® Number26-1910
Laundry LevelEnsuite
Central VacNo
FireplaceYes
Acreage
Exterior
GarageYes
Approx. Age1940
Basement
DrivewayAttached
Garage Spaces
HeatForced Air, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$3,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
4928 8Th St, Carpinteria, CA

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