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5615 Carpinteria AvenueCARPINTERIA, CA 93013




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Monthly Payment (Est.)
$29,724Rare 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.
| 4 weeks ago | Price changed to $6,515,000 | |
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 4 weeks ago | Status changed to Active | |
| 3 months ago | Listing first seen on site |
Listing information is provided by Participants of the Santa Barbara Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Santa Barbara Association of REALTORS MLS.
Data last updated at: 2026-09-12 02:42 PM UTC
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