5387 8th St Carpinteria, CA 93013
Old Town Carpinteria NeighborhoodEstimated payment $12,561/month
Highlights
- Cooling Available
- Ceiling Fan
- Wall Furnace
- Laundry Room
- Garage
About This Home
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 approval The 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 asset in the supply constrained coastal market of Carpinteria.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 6,098 Sq Ft Lot
- Property is in good condition
Home Design
- Raised Foundation
Interior Spaces
- 1,850 Sq Ft Home
- Ceiling Fan
- Laundry Room
Parking
- Garage
- Carport
Schools
- Cla Elementary And Middle School
- Cla High School
Utilities
- Cooling Available
- Wall Furnace
- Heating System Mounted To A Wall or Window
Community Details
- 4 Units
- Gross Income $127,448
Listing and Financial Details
- Assessor Parcel Number 003-331-005
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $20,535 | $1,666,945 | $1,082,432 | $584,513 |
| 2025 | $20,535 | $1,634,260 | $1,061,208 | $573,052 |
| 2023 | $20,102 | $1,570,800 | $1,020,000 | $550,800 |
| 2022 | $19,354 | $1,540,000 | $1,000,000 | $540,000 |
| 2021 | $4,193 | $110,932 | $31,686 | $79,246 |
| 2020 | $2,914 | $109,796 | $31,362 | $78,434 |
| 2019 | $2,805 | $107,645 | $30,748 | $76,897 |
| 2018 | $2,700 | $105,536 | $30,146 | $75,390 |
| 2017 | $2,599 | $103,467 | $29,555 | $73,912 |
| 2016 | $2,554 | $101,439 | $28,976 | $72,463 |
| 2015 | $2,554 | $99,916 | $28,541 | $71,375 |
| 2014 | $2,448 | $97,959 | $27,982 | $69,977 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/10/2026 07/10/26 | Price Changed | $1,997,000 | -2.6% | $1,079 / Sq Ft | |
| 05/08/2026 05/08/26 | For Sale | $2,050,000 | +33.1% | $1,108 / Sq Ft | |
| 09/24/2021 09/24/21 | Sold | $1,540,000 | +2.7% | -- | View Prior Sale |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- | |
| 08/03/2021 08/03/21 | For Sale | $1,500,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Grant Deed | $1,540,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,155,000 | New Conventional |
Source: Santa Barbara Multiple Listing Service
MLS Number: 26-1462
APN: 003-331-005
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