5615 Carpinteria Ave Carpinteria, CA 93013
Carpinteria AreaEstimated payment $44,163/month
About This Home
Rare opportunity to acquire a stabilized 28-unit multifamily asset in Carpinteria--one of
Southern California's most supply- constrained coastal rental markets. The property features an efficient mix of 26 studios, one 1-bedroom, & one 2-bedroom unit. A comprehensive 2016 renovation positions the asset as a turnkey opportunity with minimal deferred maintenance and strong in-place income. Strategically located along Carpinteria Ave, the property offers convenient access to major employment hubs, coastal amenities, & regional transportation corridors, including
nearby Santa Barbara. With new development constrained across the California South Coast, the asset benefits from high barriers to entry-supporting durable income, operational stability, and long term appreciation potential.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2016
Lot Details
- 20,038 Sq Ft Lot
Schools
- See Remarks Elementary School
- Carp. Jr. Middle School
- Carp. Sr. High School
Community Details
- 28 Units
Listing and Financial Details
- Assessor Parcel Number 001-170-002
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 | $101,084 | $7,694,679 | $4,439,238 | $3,255,441 |
| 2025 | $101,084 | $7,543,804 | $4,352,195 | $3,191,609 |
| 2023 | $98,909 | $7,250,871 | $4,183,195 | $3,067,676 |
| 2022 | $94,638 | $7,108,698 | $4,101,172 | $3,007,526 |
| 2021 | $92,444 | $6,969,312 | $4,020,757 | $2,948,555 |
| 2020 | $90,986 | $6,897,852 | $3,979,530 | $2,918,322 |
| 2019 | $88,822 | $6,762,600 | $3,901,500 | $2,861,100 |
| 2018 | $87,028 | $6,630,000 | $3,825,000 | $2,805,000 |
| 2017 | $85,168 | $6,500,000 | $3,750,000 | $2,750,000 |
| 2016 | $61,703 | $4,300,000 | $3,550,000 | $750,000 |
| 2015 | $48,077 | $3,003,754 | $2,457,403 | $546,351 |
| 2014 | $45,333 | $2,931,680 | $2,409,266 | $522,414 |
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 |
|---|---|---|---|---|---|
| 08/18/2026 08/18/26 | Price Changed | $6,515,000 | -3.5% | -- | |
| 08/17/2026 08/17/26 | For Sale | $6,750,000 | 0.0% | -- | |
| 08/16/2026 08/16/26 | Off Market | $6,750,000 | -- | -- | |
| 06/01/2026 06/01/26 | For Sale | $6,750,000 | +3.8% | -- | |
| 11/18/2016 11/18/16 | Sold | $6,500,000 | -1.2% | $25,692 / Sq Ft | View Prior Sale |
| 07/14/2016 07/14/16 | Pending | -- | -- | -- | |
| 05/06/2016 05/06/16 | For Sale | $6,580,000 | -- | $26,008 / Sq Ft |
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 | $6,500,000 | Chicago Title Company | |
| Grant Deed | $4,300,000 | Fidelity National Title Co | |
| Grant Deed | -- | Fidelity National Title Co | |
| Grant Deed | -- | American Title Co | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | -- | Equity Title Company | |
| Grant Deed | -- | Chicago Title Company |
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 |
|---|---|---|---|
| Open | $2,185,000 | New Conventional | |
| Closed | $2,350,000 | Commercial | |
| Previous Owner | $3,907,000 | Commercial | |
| Previous Owner | $1,740,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $925,000 | Commercial | |
| Previous Owner | $885,000 | Seller Take Back |
Source: Santa Barbara Multiple Listing Service
MLS Number: 26-1818
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