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5387 8th Street presents a rare opportunity to acquire a centrally located Carpinteria fourplex. 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, will be delivered vacant, offering an owner-occupant the flexibility to utilize the unit as a primary residence or vacation retreat while benefiting from a consistent stream of supplemental rental income, or re-tenanting in a high-demand rental market. Unit D, a studio, is scheduled to be delivered vacant on July 1, 2026. Additionally, the garage and carport areas may present potential for ADU conversion, subject to city review and approvals.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.
| DAYS ON MARKET | 54 | LAST UPDATED | 5/8/2026 |
|---|---|---|---|
| TRACT | Other | YEAR BUILT | 1930 |
| COMMUNITY | CPTA - Carpinteria | GARAGE SPACES | 1.0 |
| COUNTY | Santa Barbara | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Gas Range, Refrigerator, Water Heater |
| AREA | CPTA - Carpinteria |
| GARAGE | Yes |
| HEAT | Electric, Wall Furnace |
| LOT | 6098 sq ft |
| LOT DIMENSIONS | 6098 |
| PARKING | Detached Carport, Garage |
| POOL DESCRIPTION | None |
| STORIES | 1 |
| SUBDIVISION | Other |
| VIEW DESCRIPTION | None |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 7/1/26 10:36 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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