4928 8th Street, CARPINTERIA, CA 93013 (MLS# 26-1804)

4928 8th Street, CARPINTERIA, CA 93013

$3,000,000

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Property Type: Res Inc Lot Size (sq. ft.): 9,583 Status: Closed

Current Price: $3,000,000 List Date: 7/27/2026 Last Modified: 8/19/2026

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. ... (Read more)

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 Nbr: 003-262-013
Cross Street: Linden

Contract Info

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

Status Information

Sold Date: 2026-08-19
Under Contract Date: 2026-07-27

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

More Information

Owner Info

Deposit: 3

Miscellaneous

Parking Spaces: 6
# Refrigerators: 4
# Stoves: 4

Unit 1

# Units: 4
# Bedrooms: 3
# Baths: 2

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

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 Contingent Remarks: LOAN APPROVAL

Documents

Floor Plans ›

Listing Office: Sotheby's International Realty

Last Updated: August - 19 - 2026

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