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5615 Carpinteria Avenue, Carpinteria, CA 93013

Carpinteria
Local realty services provided by:CENTURY 21 Masters
5615 Carpinteria Avenue,Carpinteria, CA 93013
$6,515,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: gene deering, paul gamberdella
Office: radius group commercial r.e.
MLS#:26-1818
Source:SBAOR

Price summary

  • Price:$6,515,000

About this home

Rare opportunity to acquire a stabilized 28-unit multifamily asset in Carpinteria--one of Southern California's most supply- constrained coastal rental markets. The property features an efficient mix of 26 studios, one 1-bedroom, & one 2-bedroom unit. A comprehensive 2016 renovation positions the asset as a turnkey opportunity with minimal deferred maintenance and strong in-place income. Strategically located along Carpinteria Ave, the property offers convenient access to major employment hubs, coastal amenities, & regional transportation corridors, including nearby Santa Barbara. With new development constrained across the California South Coast, the asset benefits from high barriers to entry-supporting durable income, operational stability, and long term appreciation potential.

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Home facts

  • Year built:2016
  • Listing ID #:26-1818
  • Added:123 day(s) ago
  • Updated:October 03, 2026 at 03:06 PM

Structure and exterior

  • Year built:2016
  • Lot area:0.46 Acres

Schools

  • High school:Carp. Sr.
  • Middle school:Carp. Jr.
  • Elementary school:See Remarks

Finances and disclosures

  • Price:$6,515,000
Based on information from the Santa Barbara MLS as of October 3, 2026 Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. SBAOR Member Broker: Randy Thompson

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