Contacts
Radius Commercial Real Estate
Radius Commercial Real Estate
Radius Commercial Real Estate
Property Details
- Property Type Multi-Family
- Property Size 10,150 SF
- Units 28
- Lot Size 0.46 Acre
- Year Renovated 2016
- Date Updated Sep 17, 2026
Price Adjustment | 2016 Full Renovation—Reduced CapEx Risk with Strong Market Positioning.
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 one-bedroom, and one two-bedroom unit, well aligned with consistent local demand. A comprehensive 2016 renovation positions the asset as a turnkey opportunity with minimal deferred maintenance and strong in-place income.
Strategically located along Carpinteria Avenue, the property offers convenient access to major employment hubs, coastal amenities, and 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 in a premier coastal infill market.
Reach out to the broker for more info on lease terms and amenities
Getting around
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64/100
Walk Score ®
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68/100
Bike Score ®
Location
- City Carpinteria, CA
- Neighborhood Carpinteria Park
- Zip Code 93013
- Market Central Coast
Points of Interest
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Zoo Train
9.09 miles
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Arco
0.34 miles
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76
0.63 miles
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ChargePoint
0.66 miles
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7-Eleven
1.46 miles
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Chevron
1.50 miles
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Fuel Depot
5.57 miles
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Village Service Station
7.72 miles
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City Parking Lot 2
0.66 miles
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City Parking Lot 1
0.75 miles
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City Parking Lot 3
0.79 miles
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Loon Point Beach Parking Lot
4.35 miles
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Greenwell Preserve Parking Lot
5.03 miles
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Oil Piers Beach Parking
5.12 miles
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Divide Peak OHV Trailhead
7.34 miles
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GLC North Lot
9.36 miles
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GLC South Lot
9.41 miles
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Lot 8
9.63 miles
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Holiday Inn Express
0.06 miles
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Motel 6 Carpinteria
0.10 miles
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Best Western Plus Carpinteria Inn
1.17 miles
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Sandyland Reef Inn
1.60 miles
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The Cliff House Inn on the Beach
4.69 miles
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Rosewood Miramar Beach Hotel
7.05 miles
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Four Seasons Resort: The Biltmore Santa Barbara
7.75 miles
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Hyatt Santa Barbara
9.29 miles
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Mar Monte Hotel
9.31 miles
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The Inn at East Beach Hotel
9.31 miles
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Albertsons
0.25 miles
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Smart & Final
0.64 miles
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Pierre Lafond
7.64 miles
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Montecito Village Grocery
7.76 miles
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Pavilions
8.34 miles
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Montecito Country Mart
8.37 miles
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Tri-County Produce
9.53 miles
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Sprouts Farmers Market
9.81 miles