4928 8th Street, CARPINTERIA, CA 93013 (MLS# 26-1910)

4928 8th Street, CARPINTERIA, CA 93013

$3,000,000

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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

Overview

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. ... (Read more)

Listing Details MLS# 26-1910

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
Seller Consider Concessions: Yes
Affordable Housing: No
Begin Date: 2026-06-09

Status Information

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

Property Information

TYP: Home/Estate
Total Bedrooms: 9
Total Bathrooms: 5
Total Full Baths: 5
Year Built: 1940
Source: Other/See Remarks
Apx # Acres: 0.22
ADU: No
Within City Limits Y/N: Yes
Recurring Fees: No

NeighborhoodSchools

Neighborhood: Other

Remarks

Hot Sheet Comment: new

More Information

Owner Info

Deposit: 3

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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