NOT LISTED FOR SALE

4822 8th St Carpinteria, CA 93013

Old Town Carpinteria Neighborhood

Estimated Value: $1,670,000 - $2,677,748

-- Bed
-- Bath
-- Sq Ft
6,970 Sq Ft Lot

Last Sold April 04, 2023

Last sale price $1,637,975

Est. 29% increase in value since last sale

Current estimated payment $12,837/month

8 Days on Market

Highlights

  • Property is near an ocean
  • Patio
  • Tile Flooring
  • Property is near a park

About This Home

As of April 2023

Rare investment opportunity to purchase a 4-unit development located in the heart of Carpinteria. The four 1bd+1ba beach cottages makes this an ideal property for a savvy investor. Located a few blocks from Linden Dr and some of South County's finest restaurants, breweries, and shopping. The location is excellent on the beach side of the 101 & less than a mile from ''the world's safest beach.''
Bring your creativity and business plan - the opportunities are endless and lucrative. Location plus a little TLC will command top rent rates. Each unit boasts the following: dedicated parking & meters, individual w/d hookups, private outdoor spaces, low maintenance landscaping, and cozy-chic spaces. The lot is zoned R4 and every inch of this piece of California gold is put to good use.

Last Agent to Sell the Property

Vanessa Porter

BHGRE Property Shoppe Listed on: 01/18/2023

Co-Listed By

Non Member Agent

Non Member Office

Last Buyer's Agent

Non Member Agent

Non Member Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Back Yard Fenced
  • Property is in average condition

Kitchen

  • Built-In Oven
  • Stove

Flooring

  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Outdoor Features

  • Property is near an ocean
  • Patio

Location

  • Property is near a park
  • Property is near public transit
  • Property is near schools
  • Property is near shops
  • Property is near a bus stop

Schools

  • Aliso Elementary School
  • Carp. Jr. Middle School
  • Carp. Sr. High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Individual Gas Meter

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 003-254-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Prop. Type: ResidentialIncome
  • Year Built: 1940
  • Meters Sep Meter Elec: Y
  • Meters Sep Meter Gas: Yes
  • Meters Sep Meter Wtr: Y
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Near Public Transit
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: nono
  • Reso Flooring: Vinyl, Tile
  • New Construction: No
  • Reso Property Condition: Average
  • Property Information Year Built2: 1940
  • Property Information Apx # Acres: 0.16
  • NeighborhoodSchools Elementary School: Aliso
  • NeighborhoodSchools Junior High School: Carp. Jr.
  • NeighborhoodSchools High School: Carp. Sr.
  • Condo:Laundry in Unit: Yes
  • HeatingCooling Wall3: Yes
  • Parking Info Uncovered: Yes
  • Parking Info Total # Unconvered Spaces: 4.0
  • Proximity Near Ocean2: Yes
  • Proximity Near Park(s)2: Yes
  • Proximity Near School(s)2: Yes
  • Security Smoke Detector(s)2: Yes
  • FlrWdw Coverings Tile3: Yes
  • Proximity Near Shopping2: Yes
  • Property Information Apx Lot SqFt: 6970.0
  • Proximity Near Bus: Yes
  • Amenities Fncd All: Yes
  • Amenities Gas Stove2: Yes
  • Amenities Washer2: Yes
  • Amenities Dryer2: Yes
  • Amenities Fncd Back: Yes
  • Amenities Patio2: Yes
  • Condition Average2: Yes
  • FlrWdw Coverings Vinyl2: Yes
  • Amenities OvensBltin: Yes
  • Amenities Fncd Prt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Acres: 0.16

Garage/Parking

  • Open Parking Spaces: 4.0
  • Parking Features: Uncovered

Schools

  • Elementary School: Aliso
  • High School: Carp. Sr.
  • Middle Or Junior School: Carp. Jr.

Lot Info

  • Parcel #: 003-254-013
  • Zoning: R-4
  • Lot Size Sq Ft: 6970.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 21, 2023
Sold by
6 Changos Llc
Bought by
4822 8Th Street Llc
Seller's Agent
Vanessa Porter
BHGRE Property Shoppe
Buyer's Agent
Non Member Agent
Non Member Office
List Price
$1,649,000
Sold Price
$1,637,975
Premium/Discount to List
-$11,025
-0.67%
Views
64
Current Estimated Value
$2,118,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,962
Avg. Annual Appreciation
9.89%
Original Mortgage
$982,785
Outstanding Balance
$943,144
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$1,175,793

Purchase Details

Closed on
Nov 5, 2009
Sold by
Moreno Monica
Bought by
6 Changos Llc

Purchase Details

Closed on
May 16, 2006
Sold by
The Moreno Family Lp
Bought by
Moreno Baltazar S

Purchase Details

Closed on
Dec 30, 1999
Sold by
Baltazar Moreno
Bought by
Moreno Family Ltd Partnership

Purchase Details

Closed on
Jul 2, 1998
Sold by
Baltazar Moreno
Bought by
Moreno Cruz
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
4822 8Th Street Llc $1,638,000 Chicago Title Company
6 Changos Llc -- None Available
Moreno Monica -- None Available
Moreno Baltazar S -- None Available
Moreno Family Ltd Partnership -- --
Moreno Baltazar -- --
Moreno Family Ltd Partnership -- --
Moreno Cruz -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4822 8Th Street Llc $982,785
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $1,637,975 -0.7% --
01/26/2023 01/26/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $1,649,000 -- --
Source: Santa Barbara Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,819 $1,704,123 $1,040,400 $663,723
2023 $20,819 $57,700 $24,034 $33,666
2022 $3,742 $56,569 $23,563 $33,006
2021 $3,625 $55,460 $23,101 $32,359
2020 $3,505 $54,893 $22,865 $32,028
2019 $3,385 $53,817 $22,417 $31,400
2018 $3,271 $52,763 $21,978 $30,785
2017 $3,160 $51,730 $21,548 $30,182
2016 $3,105 $50,717 $21,126 $29,591
2015 $3,098 $49,956 $20,809 $29,147
2014 $2,960 $48,979 $20,402 $28,577
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2023

    Vanessa Porter

    BHGRE Property Shoppe

  • N

    Seller Co-Listing Agent in 2023

    Non Member Agent

    Non Member Office

See All Agents

Map

Source: Santa Barbara Multiple Listing Service

MLS Number: 23-114

Santa Barbara Multiple Listing Service

APN: 003-254-013

California Santa Barbara County Carpinteria 93013 Old Town Carpinteria

4822 8th St, Carpinteria, CA

Not Listed for Sale

MultiFamily

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