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$3,200,000

  • For Sale
  • Active
  • Single Family
  • 9 Beds
  • 5 Full Baths
  • Updated 8 days ago
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Compelling investment opportunity in the heart of downtown Carpinteria--one of the South Coast's most supply-constrained and high-demand rental markets. This income-producing property consists of a 3-bedroom, 2-bath single-family residence in the front, plus three rear units, each configured as 2 bedroom, 1 bath with private garages below. The unit mix provides diversified income streams with strong tenant appeal, while the central downtown location--just blocks from shops, dining, and the beach--supports long-term rental stability and premium rents. The property has currently undergone exterior and interior improvements, including a fresh, market-aligned paint scheme to enhance curb appeal and maximize tenant and buyer interest. With limited multi-unit inventory in Carpinteria, this asset presents both immediate income potential and long-term upside through rental increases and operational optimization. Based on current and projected rents, investors have the opportunity to achieve a competitive cap rate for a coastal California asset, with additional value-add potential. This is a rare opportunity to acquire a well-located, multi-unit property in a highly desirable coastal community with strong fundamentals and enduring demand.

Full Property Details for 4928 8th St

General

  • Price: $3,200,000
  • Status: Active
  • Type: Single Family
  • Source: SBAOR
  • MLS ID: 26-1910
  • Updated: 6/9/2026
  • Added to Site: 8 day(s) ago

Interior

  • Interior Features: Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplace(s): Living Room
  • Appliances: Refrigerator, Gas Range, Built-In Gas Oven, Dishwasher, Disposal, Dryer, Washer
  • Flooring: Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 9

Other Rooms

  • Laundry: Laundry Room

Additional Information

  • Improvements: PAved, Street Lights, Cable
  • Security/Safety: Smoke Detector

Exterior

  • Exterior Features: Fruit Trees, Yard Irrigation T/O

Parking

  • Attached garage: Yes
  • Parking Features: Garage, Attached
  • Garage Description: Attached

Location

  • Area: 05 - CARPINTERIA-SUMMERLAND
  • County: Santa Barbara
  • Subdivision: Other
  • Cross Streets: Linden

School Information

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

Community

  • Pets Allowed: Yes
  • Pet Restrictions: Yes

Heating & Cooling

  • Cooling Type: A/C None

Utilities

  • Water: Carp Wtr

Structural Information

  • Construction: Wood Siding
  • Exterior Const.: Wood Siding
  • Foundation: Mixed
  • Roof: Composition
  • Windows: Blinds
  • Year Built: 1940
  • Property Condition: Average

Lot Features

  • Property View: Mountain(s)
  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583.2
  • Lot Size: .22
  • Lot Features: Level, Near Public Transit
  • Zoning: PRD

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Reports: Prelim
  • Property ID: 003-262-013

Listed by Sotheby's International Realty

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— 4928 8th St —

  • Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 4928 8th St

School District:Carpinteria Unified School District
NameGradesDistance
Aliso Elementary School
4545 Carpinteria Avenue, Carpinteria, CA 93013
K-50.4 mi
Carpinteria Middle School
5351 Carpinteria Avenue, Carpinteria, CA 93013
6-80.3 mi
Carpinteria Senior High School
4810 Foothill Road, Carpinteria, CA 93013
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4928 8th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/09/2026
Listed
$3,200,000
100%
MLS
5/20/2013
Sold
$1,600,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4928 8th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$24,058
2%
$1,970,273
2%
2024
$23,557
2%
$1,931,642
2%
2023
$23,116
2%
$1,893,768
2%
2022
$22,696
2%
$1,856,636
2%
2021
$22,180
1%
$1,820,232
1%
2020
$21,877
2%
$1,801,569
2%
2019
$21,397
2%
$1,766,245
2%
2018
$21,000
2%
$1,731,614
2%
2017
$20,584
2%
$1,697,662
2%
2016
$20,228
1%
$1,664,375
2%
2015
$20,030
6%
$1,639,376
2%
2014
$18,876
176%
$1,607,264
262%
2013
$6,844
—
$444,464
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4928 8th Street, Carpinteria, CA 93013 (MLS# 26-1910) is a Single Family property with 9 bedrooms and 5 full bathrooms. 4928 8th Street is currently listed for $3,200,000 and was received on June 09, 2026. Want to learn more about 4928 8th Street? Do you have questions about finding other Single Family real estate for sale in Carpinteria-Summerland? You can browse all Carpinteria-Summerland real estate or contact a Coldwell Banker agent to request more information.

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