5387 8th Street, Carpinteria, CA 93013
List Price: $2M
Listing Status: Active
Original List Price: $2.05M
0Days on Market: 98
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1930
Lot Size: 6,098 sq ft
Garage Spaces: 1
Private Pool: Yes
MLS Number: V1-36223
About This Property
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 approvalThe 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.
Listing provided by: Jason Liehr DRE #02152826 (805) 626-0112 jason@beachsidepartners.com, Beachside Partners