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4928 8th Street, CARPINTERIA, CA 93013

$3,200,000
Property Type: Res Inc Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $3,200,000 List Date: 6/01/2026 Last Modified: 6/09/2026

Overview

Description

4928 8th Street offers a 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 upon launch.

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. ...

Listing Details MLS# 26-1804

Location Info

District
05 - CARPINTERIA-SUMMERLAND
Street #
4928
Street Name
8th
Street Suffix
Street
State
CA
Country
US
Postal Code
93013
County
Santa Barbara
Parcel Number
003-262-013
Cross Street
Linden

Contract Info

Price
3200000
Seller Consider Concessions
Yes
Begin Date
2026-06-01

Property Information

Number of Units
4
Units Furnished
None
Stories
2
Year Built
1940
Apx Lot Size FxD
75 x 125
Apx # Acres
0.22
Recurring Fees
No

NeighborhoodSchools

Neighborhood
Other

Remarks

Hot Sheet Comment
new

Owner Info

Deposit
3

More Information

Miscellaneous

Parking Spaces
6
# Refrigerators
4
# Stoves
4

Unit 1

# Units
4
# Bedrooms
3
# Baths
2
# Half Baths
0
Rent
0
Monthly Total
0

Unit 2

# Units
Yes
# Bedrooms
2
# Baths
Yes
Monthly Total
2915

Unit 3

# Units
2
# Bedrooms
2
# Baths
Yes
Monthly Total
2685

Unit 4

# Units
3
# Bedrooms
2
# Baths
Yes
Monthly Total
3070

Meters

Sep Meter Wtr
Y
Sep Meter Elec
N
Sep Meter Gas
Yes

Parking Info

Total # Garage Spaces
5
Total # Unconvered Spaces
5
Garage
Yes
Attached
Yes

Neighborhood/Schools

Elementary School
Canalino
Junior High School
Carp. Jr.
High School
Carp. Sr.

Condition

Average
Yes

Foundation

Mixed
Yes

Proximity

Near Bus
Yes
Near Coffee Shop
Yes
Near Downtown
Yes
Near Grocery
Yes
Near Ocean
Yes
Near Park(s)
Yes
Near School(s)
Yes
Near Shopping
Yes

Laundry

In Unit
Yes
Laundry Room
Yes
Bldg
Yes

Amenities

Fireplace
Yes
Ovens/Bltin
Yes
Dishwasher
Yes
Disposal
Yes
Washer
Yes
Dryer
Yes
Refrigerator
Yes
Fncd Back
Yes

Security

Carbon Monoxide Detector
Yes
Smoke Detector(s)
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Zoning

PRD
Yes

Reports Available

TDS
Yes
NHD
Yes

Terms

Cash
Yes
Conventional
Yes

Listing Type

ER
Yes

Flr/Wdw Coverings

Hardwood
Yes
Tile
Yes

Property Features

Condition: Average Foundation: Mixed Parking Info: Garage; Attached Proximity: Near Bus; Near Coffee Shop; Near Downtown; Near Grocery; Near Ocean; Near Park(s); Near School(s); Near Shopping Laundry: In Unit; Laundry Room; Bldg Amenities: Fireplace; Ovens/Bltin; Dishwasher; Disposal; Washer; Dryer; Refrigerator; Fncd Back Security: Carbon Monoxide Detector; Smoke Detector(s) Heating: Forced Air; Natural Gas Zoning: PRD Reports Available: TDS; NHD Terms: Cash; Conventional Listing Type: ER

Documents

IDX
Listing Office: Sotheby's International Realty
Last Updated: June - 09 - 2026
The data relating to real estate for sale on this web site comes from the Internet Data Exchange Program of the Santa Barbara Multiple Listing Service. Real estate listings held by brokerage firms other than the displaying broker(s) are marked with the 'MLS' logo and detailed information about them includes the name of the listing brokers. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor displaying broker shall be responsible for any typographical errors, misinformation, or misprints. 2015 Santa Barbara Multiple Listing Service. All rights reserved.

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