5387 EIGHTH ST 1 CARPINTERIA CA 93013
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
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?

