28-Unit Multifamily
For Sale
$6,515,000
5615 Carpinteria Ave, Carpinteria, CA 93013
Stabilized 28-unit multifamily asset with studio-heavy mix and a comprehensive 2016 renovation.
Property SizeContact for details
Days on Market189
Property Features for 5615 Carpinteria Ave
General Information
Standard status
Active
Property subtype
Multi-Family
Building Details
Year Built
2016
Listing Agency:
Radius Group Commercial R.E.
Listed By:
Gene Deering · License #01450943
(805) 886-9144
Source:
Santabarbarahomesearcher
Added: Apr 19
Changed: Oct 1
Last Checked: Oct 23 at 7:17AM
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 Radius Group Commercial R.E.
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Investment Insights
Based on property information with market context.
This stabilized 28-unit multifamily property features an efficient unit mix of 26 studios, one one-bedroom, and one two-bedroom. A comprehensive renovation in 2016 is documented in the remarks, supporting a turnkey presentation and helping minimize deferred maintenance concerns.
The property is located along Carpinteria Avenue and is described as offering convenient access to major employment hubs and regional transportation corridors, including nearby Santa Barbara.
Positioned within the Carpinteria area described in the remarks, the asset is also characterized as being near the Carpinteria Industrial Park and within an employment-focused environment tied to technology and advanced manufacturing firms.
The property is located along Carpinteria Avenue and is described as offering convenient access to major employment hubs and regional transportation corridors, including nearby Santa Barbara.
Positioned within the Carpinteria area described in the remarks, the asset is also characterized as being near the Carpinteria Industrial Park and within an employment-focused environment tied to technology and advanced manufacturing firms.
Key Highlights
- Stabilized 28‑unit multifamily property with a studio‑heavy unit mix: 26 studios, 1 one‑bedroom, and 1 two‑bedroom
- Comprehensive renovation completed in 2016
- Located along Carpinteria Avenue at 5615 Carpinteria Ave
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Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Stabilized 28-unit multifamily asset with studio-heavy mix and a comprehensive 2016 renovation.
Where is this apartment building located?
The property is located at 5615 Carpinteria Ave Carpinteria, CA.
What is the asking price?
The asking price for this property is $6,515,000.
What are key features of this property?
This property features: Stabilized 28‑unit multifamily property with a studio‑heavy unit mix: 26 studios, 1 one‑bedroom, and 1 two‑bedroom; Comprehensive renovation completed in 2016; Located along Carpinteria Avenue at 5615 Carpinteria Ave
