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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$2,050,000

Est. payment - /mo

2 Beds

4 Baths

6,098 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID V1-36223

Bedrooms 2

Lot Size 6,098 Sqft

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Santa Barbara

Zoning Assessor

Direction Head South on Palm Ave. Turn left onto 8th St.

Interior

Heating Combination Heating

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 003331005

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Jason Liehr, DRE#02152826 Beachside Partners

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

5387 8th Street Carpinteria, CA 93013

Arash Rokni

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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