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2 Beds
2 Baths

$6,515,000

5615 Carpinteria Avenue, CARPINTERIA CA, 93013

Price per sqftN/A
Built in2016
Property typeResidential
Courtesy of Gene Deering, Radius Group Commercial R.E.

Overview

Active

Listed Aug 17, 2026

Updated 3 weeks ago

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.

$43,344/mo

Est. mortgage payment based on a $6,515,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26-1818

Interior Features

Bedrooms
2
Bathrooms
2
Basement
No

Exterior Features

Lot Size
0.46 Acres

Listed by Radius Group Commercial R.E., Gene Deering,
Listing Contact: [email protected] 

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Data last updated 7:53 AM UTC, 8/19/2026

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