$6,515,000
Original price: $6,750,000
- 2 Beds
- 2 Baths
5615 Carpinteria Ave, Carpinteria, CA 93013
Est. Mortgage $40,552/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2016
0.46 acre lot
Local Information
-- mins to
About this House
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.
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.
Last check for updates: about 11 hours ago
Listing courtesy of Gene Deering 01450943, (805) 879-9623
Radius Group Commercial R.E.
Paul Gamberdella 01267748
Radius Group Commercial R.E.
Source: SBMLS, MLS#26-1818

Also Listed on SBMLS.
Home Details for 5615 Carpinteria Ave
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MLS Status: Active |
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Beds & Baths Number of Bedrooms: 2Number of Bathrooms: 2 |
Fireplace & Spa No Fireplace |
View No View |
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Cumulative Days on Market: 79Days on Market: 107 |
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Year Built Year Built: 2016 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 001170002 |
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Price List Price: $6,515,000 |
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Direction & Address City: CARPINTERIA |
School Information Elementary School: See RemarksJr High / Middle School: Carp. Jr.High School: Carp. Sr. |
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Listing Agent Listing ID: 26-1818 |
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Lot Area: 0.46 acres |
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Listing Terms: Conventional, Cash |
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Mls Number: 26-1818 |
Around this home
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
54 % Say they plan to stay for at least 5 years
50 % Say there are community events
44 % Say it's quiet
40 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
Market trends in Carpinteria
Last updated August 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
57
6MoM
Home Value
Trulia Estimate
$6.21MSince last month
Decreased$136K (-2.2%)Since last year
Decreased$247K (-4%)Since last sale
Decreased$503K (-7.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +334% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $6M |
| August 2026 | $5.89M |
| July 2026 | $6.13M |
| June 2026 | $6.24M |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.85 | Multi-Family Home | $1,900,000 | 06/09/26 | 5 | 2 | 2,577 | |
1.01 | Multi-Family Home | $4,850,000 | 06/12/26 | 6 | 3 | 5,925 | |
0.81 | Multi-Family Home | $2,125,000 | 05/08/26 | 6 | 4 | - | |
1.53 | Multi-Family Home | $1,425,000 | 09/19/25 | - | - | ||
5.52 | Multi-Family Home | $2,330,000 | 08/04/26 | 4 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $2,629,300 | 5 | 3 | 1,854 | Off Market | |
0.10 | $1,843,600 | 3 | 2 | 1,257 | Off Market | |
0.12 | $1,751,700 | 4 | 2 | 1,428 | Off Market | |
0.13 | $2,300,000 | 3 | 2 | 1,212 | Recently Sold | |
0.14 | $370,200 | 2 | 1 | - | Off Market | |
0.13 | $2,400,000 | 4 | 2.5 | 1,347 | Recently Sold | |
0.12 | $2,227,600 | 3 | 2 | 1,190 | Off Market | |
0.15 | $496,000 | 2 | 2 | 1,040 | Off Market | |
0.14 | $2,209,200 | 3 | 2 | 1,162 | Off Market | |
0.15 | $2,533,300 | 3 | 2 | 1,428 | Off Market | |
0.14 | $2,195,000 | 3 | 2 | 1,344 | For Sale |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 18, 2026 Source: SBMLS #26-1818 | PriceChange | $6,515,000 Price decreased by 3% |
Jun 1, 2026 Source: SBMLS #26-1818 | Listed For Sale | $6,750,000 |
Nov 29, 2018 Source: Agent Provided | ListingRemoved | $1,295 |
Oct 8, 2018 Source: Agent Provided | Listed For Rent | $1,295 |
Nov 18, 2016 Source: SBMLS #16-1526 | Sold | $6,500,000 |
Jan 7, 2016 Source: Agent Provided | ListingRemoved | $1,500 |
Nov 12, 2015 Source: Agent Provided | Listed For Rent | $1,500 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Gene Deering, Radius Group Commercial R.E.
Agent Phone: (805) 879-9623

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Copyright 2026 Santa Barbara Multiple Listing Service. All rights reserved.
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Frequently asked questions about 5615 Carpinteria Ave
- What is the estimated monthly payment for 5615 Carpinteria Ave?Based on a $6,515,000 list price with 20% down at today's rates, the estimated monthly payment for 5615 Carpinteria Ave is approximately $41,369 (about $35,213 principal & interest, $6,081 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Carpinteria?Residents describe Carpinteria, CA as dog-friendly, pedestrian-friendly, and well-kept. See homes for sale in Carpinteria, CA.
- What are the closest schools to 5615 Carpinteria Ave?The closest schools to 5615 Carpinteria Ave are Canalino Elementary School (rated 4/10), Carpinteria Middle School (rated 5/10), Carpinteria Senior High School (rated 7/10).
- What is 5615 Carpinteria Ave estimated to be worth?Trulia's estimated value for 5615 Carpinteria Ave is $6,207,200.
5615 Carpinteria Ave, Carpinteria, CA 93013 is a 2 bedroom, 2 bathroom multi-family built in 2016. This property is currently available for sale and was listed by SBMLS on Jun 1, 2026. The MLS # for this home is MLS# 26-1818.

