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  • 4928 8Th Street

4928 8th Street, Carpinteria, CA 93013

$3,200,000 Approx. USD 9 beds, 5 baths

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Photo of Nancy Hamilton

Nancy Hamilton REALTOR® - Sales Associate 805-451-4442 m
805-969-5026 o
Lic#: 01129919
NRDS ID: 199500629
Nancy@HomesInSantaBarbara.com Text Me
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Lic#: 01129919
NRDS ID: 199500629
Nancy@HomesInSantaBarbara.com Montecito South Office
1255 Coast Village Rd., #102b
Montecito, CA 93108
Phone: 805-565-4000
 Montecito South 1255 Coast Village Rd., #102b
Montecito, CA 93108
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Listing Agent


Nancy Hussey
Lic#: 01383773
Broker: Courtesy of Sotheby's International Realty

Agent Remarks

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.

Listing Details

Property type: Home/Estate (Single Family)
Status: Pending
MLS# 26-1910
Price: $3,200,000
Beds: 9
Baths: 5 (5 full)
Living Room fireplaces
Built in 1940
0.22 acres
Lot size: 0.2200
Subdivision: Other
County: Santa Barbara
Zoning: PRD
Construction: Wood Siding
Interior features: Walk-In Closet(s)
Exterior features: Fruit Trees,Yard Irrigation T/O
Appliances: Refrigerator,Gas Range,Built-In Gas Oven,Dishwasher,Disposal,Dryer,Washer
Parking description: Garage,Attached
Lot description: Level,Near Public Transit
Heating description: Natural Gas,Forced Air
MLS area: 05 - CARPINTERIA-SUMMERLAND
Pets Allowed: Yes

Last Updated: 8/6/2026

 Days On Market (DOM): 58

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This listing belongs to the 05 - CARPINTERIA-SUMMERLAND MLS area

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Lat/Long: 34.398351, -119.520467.
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Source: SBM. Also Available in 26-1804,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Nancy Hamilton

Nancy Hamilton REALTOR® - Sales Associate 805-451-4442 m
805-969-5026 o
Lic#: 01129919
NRDS ID: 199500629
Nancy@HomesInSantaBarbara.com Text Me
Call My Cell
Call My Office
Lic#: 01129919
NRDS ID: 199500629
Nancy@HomesInSantaBarbara.com
Montecito South Office
1255 Coast Village Rd., #102b
Montecito, CA 93108
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