4928 8th Street, CARPINTERIA, CA 93013
$3,000,000
Property Type:
Res
Bedrooms:
9
Baths:
5
Lot Size (sq. ft.):
9,583
Status:
Closed
Current Price:
$3,000,000
List Date:
7/27/2026
Last Modified:
8/19/2026
Description
Compelling investment opportunity in the heart of downtown Carpinteria--one of the South Coast's most supply-constrained and high-demand rental markets. This income-producing property consists of a 3-bedroom, 2-bath single-family residence in the front, plus three rear units, each configured as 2 bedroom, 1 bath with private garages below.
The unit mix provides diversified income streams with strong tenant appeal, while the central downtown location--just blocks from shops, dining, and the beach--supports long-term rental stability and premium rents.
The property has currently undergone exterior and interior improvements, including a fresh, market-aligned paint scheme to enhance curb appeal and maximize tenant and buyer interest.
Supplements: With limited multi-unit inventory in Carpinteria, this asset presents both immediate income potential and long-term upside through rental increases and operational optimization. Based on current and projected rents, investors have the opportunity to achieve a competitive cap rate for a coastal California asset, with additional value-add potential. This is a rare opportunity to acquire a well-located, multi-unit property in a highly desirable coastal community with strong fundamentals and enduring demand.
More Information MLS# 26-1910
Location Info
Country: US
Cross Street: Linden
District: 05 - CARPINTERIA-SUMMERLAND
Street #: 4928
Street Name: 8th
Street Suffix: Street
State: CA
Postal Code: 93013
County: Santa Barbara
Parcel Number: 003-262-013
Contract Info
Seller Consider Concessions: Yes
Affordable Housing: No
Current Price: $3,000,000
Price: 3200000
Begin Date: 2026-06-09
Status: Closed
Status Information
Financing: CTEL
Sold Date: 2026-08-19
Sold Price: $3,000,000
Under Contract Date: 2026-07-27
Property Information
Year Built: 1940
Apx # Acres: 0.22
Source: Other/See Remarks
Recurring Fees: No
ADU: No
Within City Limits Y/N: Yes
TYP: Home/Estate
Total Bedrooms: 9
Total Bathrooms: 5
Total Full Baths: 5
Neighborhood/Schools
Elementary School: Aliso
Junior High School: Carp. Jr.
High School: Carp. Sr.
Owner Info
Deposit: 3
Remarks
Hot Sheet Comment: new
Geo Lat: 34.398351
Geo Lon: -119.520467
Condition
Average: 1
Construction
Single Story: 1
Two Story: 1
Roof
Composition: 1
Foundation
Mixed: 1
Exterior
Wood Siding: 1
Parking/Garage
Garage: 1
Attached: 1
Total # Garage Spaces: 8
Total # Uncovered Spaces: 4
Grounds/Landscaping
Yard Irrigation T/O: 1
Fruit Trees: 1
Mature Hedges: 1
Patio and Porch Features
Front Porch: 1
Rear Porch: 1
Location/Topo
Level: 1
Fencing
Fenced: PRT: 1
View
Mountain(s): 1
Site Improvements
Paved: 1
Street Lights: 1
Cable TV: 1
Proximity
Near Bus: 1
Near Coffee Shop: 1
Near Downtown: 1
Near Ocean: 1
Near Park(s): 1
Near Restaurants: 1
Near School(s): 1
Near Shopping: 1
Laundry
Laundry Room: 1
Amenities
Remodeled Bath: 1
Remodeled Kitchen: 1
Interior Features
Walk-In Closet(s): 1
Appliances Included
Built-In Gas Oven: 1
Vented Exhaust Fan: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Gas Range: 1
Refrigerator: 1
Washer: 1
Fireplace(s)
LR: 1
Security
Smoke Detector(s): 1
Water/Sewer
Carp Wtr: 1
Pets
Yes: 1
Occupancy
Occ All Ages: 1
Zoning
PRD: 1
Reports Available
Prelim: 1
Terms
Cash: 1
Conventional: 1
Cooling
None: 1
Heating
Forced Air: 1
Natural Gas: 1
Flr/Wdw Coverings
Hardwood: 1
Tile: 1
Blinds: 1
Pub Listing Details
Standard: 1
Contingent Remarks
LOAN APPROVAL: 1
NeighborhoodSchools
Neighborhood: Other
Property Features
Condition: Average
Construction: Single Story; Two Story
Roof: Composition
Foundation: Mixed
Exterior: Wood Siding
Fencing: Fenced: PRT
Patio and Porch Features: Front Porch; Rear Porch
View: Mountain(s)
Site Improvements: Paved; Street Lights; Cable TV
Proximity: Near Bus; Near Coffee Shop; Near Downtown; Near Ocean; Near Park(s); Near Restaurants; Near School(s); Near Shopping
Laundry: Laundry Room
Amenities: Remodeled Bath; Remodeled Kitchen
Interior Features: Walk-In Closet(s)
Appliances Included: Built-In Gas Oven; Vented Exhaust Fan; Dishwasher; Disposal; Dryer; Gas Range; Refrigerator; Washer
Fireplace(s): LR
Security: Smoke Detector(s)
Cooling: None
Heating: Forced Air; Natural Gas
Pets: Yes
Occupancy: Occ All Ages
Zoning: PRD
Reports Available: Prelim
Terms: Cash; Conventional
Pub Listing Details: Standard
Contingent Remarks: LOAN APPROVAL
Documents
Floor Plan ›
Listing Office:
Sotheby's International Realty
Last Updated: August - 19 - 2026
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