4869 Carpinteria Avenue, CARPINTERIA, CA 93013, CARPINTERIA, 93013 - bed, bath
4869 Carpinteria Avenue
CARPINTERIA, CA 93013
Property Price
SUMMARY
Analysis of 4869 Carpinteria Avenue, CARPINTERIA, CA 93013 is currently available with a list price of $2,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the CARPINTERIA Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1916, this mixed-use property is functional and currently occupied but shows clear signs of age. The residential units feature dated kitchens with laminate countertops and older appliances, while the bathrooms and flooring reflect styles from several decades ago. While the property has been maintained through regular upkeep, it lacks modern renovations, and the infrastructure likely requires updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Situated on the 'T' in downtown Carpinteria, this property occupies a high-visibility, high-traffic location that is premier for both commercial success and residential desirability.
- Diversified Income Stream
The mixed-use configuration of five residential units and one commercial space provides a robust, multi-stream revenue model that mitigates vacancy risk for investors.
- Significant Value-Add Potential
With a large 10,890 square foot lot and a detached rear building featuring storage and a garage, there is substantial opportunity to optimize the footprint for increased returns.
CONSRISKS & DEFICIENCIES
- Historic Infrastructure Costs
Originally built in 1916, the property likely requires significant capital expenditure for modernizing aging systems, seismic retrofitting, and general structural maintenance.
- Management Intensity
Overseeing six separate tenancies across mixed-use zoning requires more complex management and higher operational oversight than standard residential income properties.
About 4869 Carpinteria Avenue
Rare, mixed-use property in downtown Carpinteria, on the 'T!' Parcel currently configured as 5 residential rental units and 1 commercial rental. Commercial building is now a florist but past uses include a salon, art gallery/gift shop, bike shop, plumber, & was once the location of the Carp Herald newspaper! All but one residential unit currently rented. Built 1916. Building in rear is 2-story, with storage/garage area downstairs and an apartment above. PLEASE DO NOT DISTURB TENANTS
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1916
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,606 | 1,803 | 50% |
| Lot Size | 10,890 | 11,108 | 50% |
| Price | $2.50M | $1.96M | 50% |
| Price per sq ft | $693 | $347 | 50% |
| Built year | 1916 | 1971 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 164 | 50% |
Pricing History
Listed for Sale
Jan 26, 2026
$2,500,000
Initial Listing