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JLee Broker

[email protected] +1(650) 857-1000

Listed by Jason Liehr, DRE #02152826 • Beachside Partners

$1,997,000

Est. payment - /mo

6,098 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-36223

Year Built 1930

Lot Size 6,098 Sqft

Source California Regional MLS

Property Description

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 asse

Location

State CA

County Santa Barbara

Area Cpta - Carpinteria

Rooms

Kitchen Oven Range - Gas, Refrigerator

Interior

Heating Multi Type, Wall Furnace , Electric

Cooling None

Laundry In Laundry Room

Exterior

Parking Features Detached Garage, Garage

Garage Spaces 7.0

Pool 31, None

View None

Building

Story One Story

Water Hot Water

Others

Tax ID 003331005

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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5387 8th ST Carpinteria, CA 93013

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information