John E Burge

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 

5387 8th StreetCarpinteria, CA 93013

Multi-Family · 2,280 Sq. ft. | 0.14 Acres
$2,050,000 Active

5387 8th Street Overview

Time on Site:
55 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

5387 8th Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,280
  • Price/Sq.ft. $899
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Electric Expense: 236.0
  • Fuel Expense: 183.0
  • Gross Income: 127440.0
  • Gross Scheduled Income: 10620.0
  • Insurance Expense: 2523.0
  • Trash Expense: 1006.0
  • Water Sewer Expense: 252.0

Building Information

  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: Santa Barbara
  • MLS Area Major: CPTA - Carpinteria
  • Postal City: CARPINTERIA
  • Subdivision Name: Other

Community/Development

  • Community Features: Biking,Curbs,Mountainous,Park,Sidewalks,Water Sports

Rent/Lease Information

  • Land Lease: No

General Information

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Parcel Number: 003331005
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 2280.0

General Information

  • Appliances: Gas Range,Refrigerator,Water Heater
  • Common Walls: No Common Walls
  • Fireplace Features: None
  • Fireplace: No
  • Laundry Features: Laundry Room
  • Levels: One
  • Spa Features: None
  • Spa: No
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Detached Carport,Garage
  • Parking Total: 7.0

Lot Information

  • Lot Features: Sprinklers None
  • Lot Size Acres: 0.14
  • Lot Size Area: 6098.0
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 6098.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Waterfront/View

    Building Exterior/Construction

    • Construction Materials: Drywall
    • Property Attached: No

    General Information

    • Carport Spaces: 6.0
    • Carport: Yes
    • Fencing: Masonry,Wood
    • Pool Features: None
    • Pool Private: No

    5387 8th Street Neighborhood

    Community

    93013 (Carpinteria) Demographics

    43
    Median Age
    297
    Population Density (per sq. mile)
    46%
    College Educated
    $82,231
    Estimated Median Income
    3,625
    Estimated Total Home Owners
    2,824
    Estimated Total Renters
    56% / 44%
    Estimated Owner / Renter Divide
    3
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    5387 8th Street Monthly Cost

    $
    $ %
    %
    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    5387 8th Street Market Data

    Based on the last 30 days in this zip code

    $7,299,225
    Average List Price
    $2,179
    Average Price per Square Foot
    6
    Properties Sold
    76
    Average Days on Market
    111
    Properties for Sale
    Calculations provided by Reliance Network

    5387 8th Street History

    Date Event Value Agent
    5/8/2026Source: CRMLS Status Change
    Active
    5/5/2026Source: CRMLS Added to Database
    May 05, 2026
    Listing provided courtesy of Beachside PartnersJason Liehr- MLS# V1-36223MLS ProviderContact Information: [email protected] - (805) 626-0112
    Cookie Button: