4956 5th St
Description
five (5) large 3BD/2BA units and two (2) large 2BD/1BA units. Ground-floor units offer their tenants patios while second-floor units offer decks. Unit #7 features an approximately...Rarely does an asset come available on the South Coast of Santa Barbara County that offers the full package like 4956 5th Street, with its A+ location, great unit mix of 3BDs and 2BDS, and long-term rent potential. Located one property off of Linden Avenue and just three blocks from Carpinteria State Beach, the property boasts
five (5) large 3BD/2BA units and two (2) large 2BD/1BA units. Ground-floor units offer their tenants patios while second-floor units offer decks. Unit #7 features an approximately 400 SF view deck. In addition to spacious units, the property features excellent on-site parking, three storage garages, and an on-site common laundry room.
Property Details for 4956 5th Street
Property Details for 4956 5th Street
| Status | Closed |
|---|---|
| MLS # | 23-1082 |
| Days on Market | 67 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | - |
| Lot Size | 0.29 AC / 12,632 SF |
| County | Santa Barbara County |
Location
Sold By Sotheby's International Realty, Caroline Santandrea, DRE #01349311; Sotheby's International Realty, Vivienne Leebosh, DRE #20241017172024040830000000
Building Information for 4956 5th Street
Payment Calculator
$22,955 per month
30 year fixed, 6.11% Interest
$19,413
$3,542
$0
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1Property Information for 4956 5th Street
- District: 05 - CARPINTERIA-SUMMERLAND
- District: 05 - CARPINTERIA-SUMMERLAND
- Amenities:Deck: Yes
- Amenities:Patio: Yes
- Laundry Features: Laundry Room
- Laundry:Laundry Room: Yes
- Grounds Landscaping:Pool: N/K
- Common Walls: Attached
- Community Features: Park
- Pool: No
- ADU #1:Entry Level: 1
- Year Built Numeric: 0
- Stories: 2
- Stories Total: 2
- Property Information:Stories: 2.0
- Building Area Total: 0.0
- Parcel Number: 003-312-012
- Association Fee: $.00
- Total # Carport Spaces: 4.00
- Total # Garage Spaces: 3.00
- Open Parking Spaces: 5.00
- Parking Features: Garages, Carport, Uncovered
- Garages: Yes
- Parking Info:Garages: Yes
- Parking Info:Carport: Yes
- Parking Info:Uncovered: Yes
- Parking Info:Total # Unconvered Spaces: 5.00
- Miscellaneous:Parking Spaces: 9.00
- Total Bathrooms: .00
- Bathrooms Total (Decimal): .00
- Bathrooms Total (Notational): .00
- Directions: One property off the corner of Linden Ave and 5th Street
- Living Area Units: Sqft
- Location Info:Compass Map: Carpinteria
- Location Info:Map Grid: F7
- Location Info:Walk Score: 92.00
- Location Info:Bike Score: 73.00
- Proximity:Near Bus: Yes
- Proximity:Near Ocean: Yes
- Proximity:Near Park(s): Yes
- Proximity:Near School(s): Yes
- Proximity:Near Shopping: Yes
- Lot Features: Near Public Transit
- Elementary School: Aliso
- Junior High School: Carp. Jr.
- High School: Carp. Sr.
- NeighborhoodSchools:Elementary School: Aliso
- NeighborhoodSchools:Junior High School: Carp. Jr.
- NeighborhoodSchools:High School: Carp. Sr.
- Foundation Details: Slab
- Lot Size Square Feet: 12632.0
- Lot Size Area: 12632.0
- Lot Size Acres: 0.29
- Lot Size Units: Acres
- Property Type Label: Res Inc
- Foundation:Slab: Yes
- Property Information:Realtor.com Type: Multi-Family
- Property Information:Year Built: 0.0
- Utility Info:Water: Public
- Meters:Sep Meter Elec: Y
- Meters:Sep Meter Gas: Yes
- Sewer: Public Sewer
- Income/Expenses:Gross Rent Multiplr: 15.74
- Income/Expenses:Capitalization Rate: 4
- Income/Expenses:Estimated: Yes
- Income/Expenses:Electric Expense: $0
- Income/Expenses:Trash Expense: $0
- Income/Expenses:Total Monthly Exp: $95,533
- Income/Expenses:NOI: 167451
- Income/Expenses:Total Monthly Income: $21,996
- Income/Expenses:Other Income: $4,400
- Income/Expenses:Annual Income: $268,352
- Gross Income: $268,352
- OperatingExpense: $95,533
- Number Of Units Total: 7
- Unit 1:# Units: 5
- Unit 1:# Bedrooms: 3
- Unit 1:# Baths: 2
- Unit 1:# Half Baths: 0
- Unit 1:Furnished: N
- Unit 1:Rent: $3,279.00
- Unit 1:M/M: Yes
- Unit 1:Monthly Total: $16,396.00
- Unit 2:# Units: 2
- Unit 2:# Bedrooms: 2
- Unit 2:# Baths: 1
- Unit 2:Monthly Total: $5,600.00
- Total Actual Rent: $21,996
Property History for 4956 5th Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 27, 2023 | Sold CLAW #SC23069199MR | $4,000,000 | — |
| Jul 27, 2023 | Sold SDMLS #SC23069199 | $4,000,000 | — |
| Jul 27, 2023 | Sold CRMLS #SC23069199 | $4,000,000 | — |
| Jul 26, 2023 | Sold Santa Barbara AOR #23-1082 | $4,000,000 | — |
| Jul 18, 2023 | Pending CRMLS #SC23069199 | — | |
| Jul 2, 2023 | Pending Santa Barbara AOR #23-1082 | — | |
| Jun 24, 2023 | Pending CLAW #SC23069199MR | — | |
| Jun 24, 2023 | Pending SDMLS #SC23069199 | — | |
| Jun 5, 2023 | Price Change CLAW #SC23069199MR | $4,225,000 | — |
| Jun 5, 2023 | Price Change CRMLS #SC23069199 | $4,225,000 | — |
| Apr 24, 2023 | Listed (Active) CRMLS #SC23069199 | $4,395,000 | — |
| Apr 24, 2023 | Listed (Active) SDMLS #SC23069199 | $4,395,000 | — |
| Apr 24, 2023 | Listed (Active) CLAW #SC23069199MR | $4,395,000 | — |
| Apr 23, 2023 | Listed (Active) Santa Barbara AOR #23-1082 | $4,395,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/27/2023 | Sold CLAW #SC23069199MR | $4,000,000 |
| 07/27/2023 | Sold SDMLS #SC23069199 | $4,000,000 |
| 07/27/2023 | Sold CRMLS #SC23069199 | $4,000,000 |
| 07/26/2023 | Sold Santa Barbara AOR #23-1082 | $4,000,000 |
| 07/18/2023 | Pending CRMLS #SC23069199 | — |
| 07/02/2023 | Pending Santa Barbara AOR #23-1082 | — |
| 06/24/2023 | Pending CLAW #SC23069199MR | — |
| 06/24/2023 | Pending SDMLS #SC23069199 | — |
| 06/05/2023 | Price Change CLAW #SC23069199MR | $4,225,000 |
| 06/05/2023 | Price Change CRMLS #SC23069199 | $4,225,000 |
| 04/24/2023 | Listed (Active) CRMLS #SC23069199 | $4,395,000 |
| 04/24/2023 | Listed (Active) SDMLS #SC23069199 | $4,395,000 |
| 04/24/2023 | Listed (Active) CLAW #SC23069199MR | $4,395,000 |
| 04/23/2023 | Listed (Active) Santa Barbara AOR #23-1082 | $4,395,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4956 5th Street
Schools near 4956 5th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Aliso Elementary School PublicK to 5 | ||
Carpinteria Middle School Public6 to 8 | ||
Carpinteria Senior High School Public9 to 12 | ||
Carpinteria Family School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Hayes Commercial Group, Christos Celmayster, DRE #01342996; Hayes Commercial Group, Rob Adams, DRE #01344315
Based on information from one of the following Multiple Listing Services: Santa Barbara MLS and North Santa Barbara County Regional MLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Santa Barbara MLS and North Santa Barbara County Regional MLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.
