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Four-Unit Multifamily Property
For Sale
$1,997,000

5387 8th St, Carpinteria, CA 93013

Two residences are vacant, with shared laundry and rear-alley vehicle access.

Property Size1,850 SF
Price / SF$1,079
Days on Market149

Property Features for 5387 8th St

General Information

Standard status Active
Size 1,850 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 1BD/1BA, 2 x studio
Multifamily Units 4

Amenities

pay-per-use laundry room

Building Details

Year Built 1930
Buildings 1
Listing Agency: Beachside Partners
Listed By: Jason Liehr · License #02152826
Source: Santabarbarahomesearcher
Added: Apr 4 Changed: Aug 28 Last Checked: Aug 29 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachside Partners

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains two one-bedroom, one-bath residences and two studio units. The 1,850-square-foot building was constructed in 1930 and includes a pay-per-use laundry room, carport parking reached from a rear alley, and a detached single-car garage. Two units are currently vacant, providing flexibility for a new owner or future leasing strategy.

The property is located in Carpinteria, a few walkable blocks from the beach and approximately 0.5 mi from the retail and dining corridor along Linden Avenue. Recent improvements include foundation retrofit plates installed in 2025, plus a new electrical main panel and garage subpanel, gas meter, and two tankless water heaters added in 2021. Certain units have also received wall heaters, vinyl plank flooring, and interior finish updates within the past five years. Garage and carport areas may offer ADU conversion potential, subject to city review and approval.

Key Highlights

  • Two 1BD/1BA units and two studio units
  • 1,850 SF multifamily building constructed in 1930
  • Two vacant units provide immediate occupancy or leasing flexibility

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

905
Businesses Nearby

Demographics for 93013, CA

16,299
Population
7,640
Households
2.1
Avg Household Size
45
Median Age
46%
College-Educated
87%
High-School Grad
41.4 sq mi
ZIP Area
394
Density / Sq Mi
$115,633
Median Household Income
$49,017
Median Earnings
$2,331
Median Rent
$1,074,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two residences are vacant, with shared laundry and rear-alley vehicle access.
Where is this quadplex located?
The property is located at 5387 8th St Carpinteria, CA.
What is the asking price?
The asking price for this property is $1,997,000.
What are key features of this property?
This property features: Two 1BD/1BA units and two studio units; 1,850 SF multifamily building constructed in 1930; Two vacant units provide immediate occupancy or leasing flexibility
More about this property
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