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32318912
32318913

5387 EIGHTH ST, CARPINTERIA, CA 93013 For Sale

NH
CA 01748131
Beachside Partners
Beachside Partners
Listed by Beachside Partners
$1,997,000
77 days on market
Updated 10 days ago

5387 EIGHTH ST 1 CARPINTERIA CA 93013

Details
APN 003-331-005
Property Type Multifamily
Square Footage 2,280
Units 4
Year Built 1930
Lot Size (SqFt) 6,282

4plex in Low Turnover Marketplace of Carpinteria

Marketing description

5387 8th Street presents a rare opportunity to acquire a centrally located Carpinteria fourplex, just two 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, are currently vacant offering 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 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.

**Buyer to verify Square footage and ADU conversion possibilities

Investment highlights

  • 4 units near downtown and beach
  • low turnover marketplace
  • largest unit delivered vacant offering owner user potential
  • meaningful upgrades completed
  • ADU conversion potential

Listing Contacts

NH
CA 01748131
Beachside Partners
Beachside Partners
Listed by Beachside Partners

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Additional Information

Name
Nick Henry
License
01748131
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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