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$ 1,997,000
Est. payment /mo
Active
5387 8th ST Street Carpinteria, CA 93013
1,850 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,850 sqft
Price per Sqft $1,079
MLS Listing ID 26-1462
Year Built 1930
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 6098.0
Source Santa Barbara Multiple Listing Service
Property Description
5387 8th Street presents a rare opportunity to acquire a centrally located Carpinteria fourplex with two vacant units that is just a few walkable blocks from the ''World's Safest Beach'' and approximately 0.5 mi from Linden Avenue's vibrant retail and dining corridor.
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, and Unit D a studio - both vacant - offer immediate opportunity to lease up units at market rate or an owner-occupant to utilize this vacant one-bedroom unit as a residence or vacation retreat. Additionally, the garage and carport areas may present potential for ADU conversion, subject to city review and approval 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 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, and Unit D a studio - both vacant - offer immediate opportunity to lease up units at market rate or an owner-occupant to utilize this vacant one-bedroom unit as a residence or vacation retreat. Additionally, the garage and carport areas may present potential for ADU conversion, subject to city review and approval 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
Interior
Heating Wall Furnace, Electric
Cooling Other, Ceiling Fan(s)
Laundry Laundry Room
Exterior
Parking Features Garage, Carport
Building
Foundation Raised
New Construction No
Others
Tax ID 003-331-005
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Listed by Beachside Partners
