Compelling investment opportunity in the heart of downtown Carpinteria—one of the South Coast’s most supply-constrained and high-demand rental markets. This income-producing property consists of a 3-bedroom, 2-bath single-family residence in the front, plus three rear units, each configured as 1 bedroom, 1 bath with private garages below.

The unit mix provides diversified income streams with strong tenant appeal, while the central downtown location—just blocks from shops, dining, and the beach—supports long-term rental stability and premium rents.

The property has currently undergone exterior and interior improvements, including a fresh, market-aligned paint scheme to enhance curb appeal and maximize tenant and buyer interest upon launch.

With limited multi-unit inventory in Carpinteria, this asset presents both immediate income potential and long-term upside through rental increases and operational optimization. Based on current and projected rents, investors have the opportunity to achieve a competitive cap rate for a coastal California asset, with additional value-add potential.

This is a rare opportunity to acquire a well-located, multi-unit property in a highly desirable coastal community with strong fundamentals and enduring demand.