5615 Carpinteria Ave
5615 Carpinteria Ave, Carpinteria, CA 93013
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.
Building Details
- For Sale $6,515,000
- Property Type Multi-Family
- Property Size 10,150 SF
- Units 28
- Lot Size 0.46 Acre
- Additional Rent Price on request
- Year Renovated 2016
- Date Updated Sep 17, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Radius Commercial Real Estate
Radius Commercial Real Estate
Radius Commercial Real Estate
Location
- City Carpinteria, CA
- Neighborhood Carpinteria Park
- Zip Code 93013
- Market Central Coast
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Walk score 64/100 Somewhat Walkable -
Bike score 68/100 Bikeable
Points of Interest
Zoo Train
9.09 miles
Arco
0.34 miles
76
0.63 miles
ChargePoint
0.66 miles
7-Eleven
1.46 miles
Chevron
1.50 miles
Fuel Depot
5.57 miles
Village Service Station
7.72 miles
City Parking Lot 2
0.66 miles
City Parking Lot 1
0.75 miles
City Parking Lot 3
0.79 miles
Loon Point Beach Parking Lot
4.35 miles
Greenwell Preserve Parking Lot
5.03 miles
Oil Piers Beach Parking
5.12 miles
Divide Peak OHV Trailhead
7.34 miles
GLC North Lot
9.36 miles
GLC South Lot
9.41 miles
Lot 8
9.63 miles
Taco Grande
0.30 miles
IHOP
0.34 miles
Zooker's
0.35 miles
McDonald's
0.38 miles
Taco Bell
0.39 miles
Teddy's By The Sea
0.61 miles
Giovanni's
0.68 miles
Sushi Teri
0.69 miles
Corktree Cellars
0.69 miles
Guicho's Eatery
0.71 miles
Albertsons
0.25 miles
Smart & Final
0.64 miles
Pierre Lafond
7.64 miles
Montecito Village Grocery
7.76 miles
Pavilions
8.34 miles
Montecito Country Mart
8.37 miles
Tri-County Produce
9.53 miles
Sprouts Farmers Market
9.81 miles
CVS Pharmacy
0.26 miles
Carpinteria Fire Station 1
0.56 miles
Beach Medical Clinic
0.69 miles
Summerland Fire Station # 2
5.42 miles
Ventura County FD Station 25
6.06 miles
Montecito Fire Station 1
7.78 miles
SB Fire Station 2
9.73 miles
Fire Station #2
9.73 miles
Rite Aid
9.78 miles
Listing Summary
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Property Financials 5615 Carpinteria Ave is currently listed for sale at $6,515,000 for a price per square foot of $641.87.
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Property Details 5615 Carpinteria Ave totals 10,150 square feet of Multi-Family space on a lot spanning 0.46 acres.
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Area Characteristics 5615 Carpinteria Ave is located in the Carpinteria Park neighborhood.
In terms of ease of commuting, the area has a walk score of 64, indicating that it is somewhat walkable.
