4940 Malibu Dr, Carpinteria, CA 93013
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Property image
OFF MARKET

4940 Malibu Dr
Carpinteria, CA 93013

  • 5 Beds
  • 3 Baths
  • 2,404 sqft

$2,088,500

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $12,420/mo*

$2,088,500

Trulia Estimate
as of Jul 7, 2026
Est. Refi. Payment $12,420/mo*
5 Beds
3 Baths
2,404 sqft

Local Information

  • Map ViewExplore the area around 4940 Malibu Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

A great opportunity to own residential income property. Live in 1 unit and rent out the other to subsidize your mortgage. A clean, turn key 2400 sq/ft 5BR 3BA with 4 spacious BR down, and a legal 1BR 1BA beautiful addition above with awesome views, a separate entrance, & yard. Features include 3 car garage, dual-pane windows, new carpet, paint, separate electric & gas meters and laundry rooms. The upstairs unit is a legal 2nd dwelling unit which has itps own separate entrance, kitchen, laundry, gas & electric meters, forced air heater, garage, yard, patio, and three private balconies to enjoy. A second unit gives so many more opportunities for living situations. A great possibility to live in the main home and reduce your mortgage by a few thousand dollars with the apartment rent.
4940 Malibu Dr, Carpinteria, CA 93013 is a 5 bedroom, 3 bathroom, 2,404 sqft single-family home built in 1957. It last sold for $941,000 on Aug 28, 2015. It is currently off market. The Trulia Estimate is $2,088,500, with a rent estimate of $7,621/month.

Home Highlights

Parking
Garage
Outdoor
Porch, Patio, Deck
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 4940 Malibu Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 2Floors: Other, Carpet
Interior Details
In-law unitNumber of Rooms: 13Types of Rooms: Dining Room, Family Room, Laundry Room, Master Bath, Office, Sun RoomCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: StuccoPatioPorchSprinkler System
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 1957Year Updated: 1989
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Community

Units in Building: 1

Lot Information

Lot Area: 7405 sqft

Price History for 4940 Malibu Dr

DatePriceEventSource
08/28/2015$941,000Sold
SBMLS #15-2346
08/21/2015$915,000PendingAgent Provided
07/11/2015$915,000Listed For SaleAgent Provided

Market trends in Carpinteria

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
43
3
MoM
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Property Tax and Assessment

Year2025
Tax$13,484
Assessment$1,113,948
Home facts updated by county records

Comparable Sales for 4940 Malibu Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Single-Family Home
$1,850,000
05/14/26
4
3
1,794
0.44
Single-Family Home
$1,250,000
12/10/25
5
3
2,099
0.19
Single-Family Home
$1,550,000
01/30/26
4
2
1,926
0.19
Single-Family Home
$1,550,000
01/30/26
4
2
1,926
0.10
Single-Family Home
$1,550,000
12/23/25
3
2
1,200
0.21
Single-Family Home
$1,825,000
06/12/26
3
3
1,859
0.21
Single-Family Home
$1,132,000
12/11/25
3
2
1,304
0.40
Single-Family Home
$1,150,000
12/23/25
4
3
1,335
0.55
Single-Family Home
$1,500,000
04/19/26
5
3
1,729
0.28
Single-Family Home
$1,430,000
02/13/26
4
2
1,352

Nearby homes

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Assigned Schools

These are the assigned schools for 4940 Malibu Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Carpinteria

At least 88 Trulia users voted on each feature.
  • 92 % Say it's dog friendly

  • 84 % Say people would walk alone at night

  • 79 % Say there are sidewalks

  • 72 % Say kids play outside

  • 67 % Say yards are well-kept

  • 67 % Say it's walkable to grocery stores

  • 66 % Say parking is easy

  • 66 % Say there's holiday spirit

  • 66 % Say streets are well-lit

  • 65 % Say it's walkable to restaurants

  • 59 % Say neighbors are friendly

  • 55 % Say car is needed

  • 55 % Say they plan to stay for at least 5 years

  • 49 % Say there are community events

  • 44 % Say it's quiet

  • 40 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Thetitan2
    "Quiet beach town. Cool little restaurants and bars. Nice beach and walkable area. Great for biking. "
  • Thetitan2
    "Love this neighborhood. Small town feel, friendly people and great restaurants and beach. Great hiking and walking paths."
  • Michael.avery805
    "AvoFest, Rod’s and Roses, Independence Day Parade, Holiday Parade, Alcazar Theatre, Lynda Fairly Carpinteria Art Center"
  • Animalglagow
    "It is next to a school and a park. Our kids can ride bikes to school on most days. There are orchards to look at nearby. "
  • Trulia User
    "carminteria is a contry very good a like da people tha food is delicious have very nice looking very good tha beach and tha street is very clean I love carpinteria I respect ever people living her in carpinteria "
  • Melissa
    "The commute isn’t great. Lots of traffic heading in both directions. I wish there was a better train schedule. "
  • Jandie
    "Avocado festival Carp state beach Farmers market My beautiful girlfriend! 👭🏻 Cute shops Brewery Bars "
  • Shelise777
    "Great friendly neighbors and helpful people around the block — walkable distances to stores and restaurants "
  • Fabiana P.
    "Movie nights at the park, 4th of July parade, Halloween trick or treat, yoga at the beach, bbq with neighbors "
  • Shelise777
    "They would love it because of the parks and the beaches in the area although there are also campgrounds with a lot of room for dogs to play"
  • Shelise777
    "Beautiful scenery and easy to follow directions throughout the city - wonderful variety of restaurants and of course there’s our beautiful beaches"
  • Jhovanatrujillo
    "Everyone loves dogs around here. It’s a great small beach town where everyone is friendly with each other."
  • Bodhi Jo
    "No place is truly “safe”. A lot of street drugs happening at the beach but kids are all over town playing (very young) without supervision. I don’t have kids but if I did I would be more cautious & aware of where your kids are all the time!! "
  • Evette A.
    "Small town feel, you can ride your bike safely everywhere. Small local businesses. Lots of kids, families, dogs. Beautiful parks. Very safe beach, safe beach water, waves don’t get too big. "
  • Jhovanatrujillo
    "Everything is walking distance so you could always take your dog anywhere and everywhere. There’s lots of parks and it’s a small great beach town."
  • Leland W.
    "Cars drive too fast on through streets. The amount of litter is sad. Typically, there are too many people living in each single family house. "
  • Jhovanatrujillo
    "Really great small beach town, everyone knows each other, you can get anywhere walking. Beautiful town and beach. "
  • Nicole B.
    "Schools are great and very welcoming. Lots of families in different stages. Parks are well kept. Very walkable. "
  • Zenemijgraphics
    "Carpinteria is a great place to raise kids. Very peaceful and very little crime. Small community that looks out for each other."
  • Heidibiggs
    "I’ve never seen a town like this, it is the cutest beach town in the world. It boasts clean, safe beaches, hiking, biking, amazing restaurants and beautiful landscape. "
  • Ray
    "I’ve lived in Carpinteria for more than 20 years and I love this little beach town. It has its own laidback feel to it and isn’t as stuffy or trendy as Montecito or Santa Barbara. There isn’t much in the way of nightlife and things get pretty quiet after about 8:30pm. But the charm of this place is hard to beat. "
  • Wwalyseeya3
    "The cost of living is really high in Carpinteria. In general, landlords don’t maintain their properties. "
  • adrea9 a. c.
    "I live here part time and work here. Been here for 24 years. I fell in love with the town in 1991 and have loved it ever since.I am an artist and it is beautiful! People are so so nice. You have the gorgeous beach, ocean, sunsets, and mountains while everything in the town is a flat walk , biking hiking, sipping coffee in the sun. Just a wonderful heavenly quiet joyful place to be!"

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Off Market Homes Near 4940 Malibu Dr

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