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5387 8th Street

Carpinteria CA 93013

1850 sq. ft.
6098 sq. ft.
Other
Currently for sale - view listing

Overview

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.

Features

1850 sq. ft. floor area
6098 sq. ft. lot size
Other

Property history for 5387 8th Street

2021
Sold
$1,540,000
24 Sep 2021 by Gary Goldberg, of Coastal Properties

Happy sellers in Carpinteria

95%
95% of sellers in Carpinteria reported that their sale price either exceeded or met their price expectations.

Carpinteria stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Carpinteria over the last 12 months.

Local market activity for other properties in Carpinteria

In the last 12 months, 35 other properties similar to 5387 8th Street, have been sold.

This represents a 43% decrease in other properties sales when compared to the previous 12 months.

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