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5021 Alvarado Street Carpinteria, CA 93013
$1,525,000 4 beds, 3 baths
1, 230 sqft
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Don't let this chance slip away--own a truly distinctive property brimming with endless potential right in the heart of Carpinteria. This special offering includes two detached homes, making it perfect for contractors, investors, or families who want flexibility, income potential, or room for multi-generational living.The main house features three bedrooms and two bathrooms, along with a spacious living room and kitchen for comfortable everyday living. You'll also find a carport, garage, and not one, but two storage sheds, giving you all the extra space you could need. The back house offers two bedrooms and one bathroom, as well as a cozy kitchen and living room, making it an ideal granny flat, guest house, or rental unit.Situated in a prime location, this property is just moments from pristine beaches, charming downtown shops, and top-rated elementary and high schools--all easily accessible by foot or bike. Enjoy the peace and quiet of a home set far enough from the freeway to avoid noise, yet close enough for convenient access.Whether you're a contractor looking for your next project, an investor seeking rental income, or a family wanting extra space, this property delivers endless opportunities. Build, renovate, or rent--this is your chance to make this exceptional property your own.This truly is a once-in-a-lifetime opportunity in one of Carpinteria's most desirable neighborhoods.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# V1-30295
List price is $1,525,000
Beds: 4
Baths: 3 (3 full)
None fireplaces
Built in 1947
1,230 sqft
1 story
0.13 acres
Lot size: 0.1300
County: Santa Barbara
Interior features: All Bedrooms Down
Appliances: Free-Standing Range,Gas Oven,Microwave
Parking description: Driveway
Lot description: Sprinklers None
Heating/cooling: None
Heating description: Wall Furnace
MLS area: CPTA - Carpinteria

Last Updated: 6/12/2025

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This listing belongs to the CPTA - Carpinteria MLS area

Lat/Long: 34.406796, -119.514705.
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Listing Agent: Earl Rangel
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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