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5700 Via Real #106
B Composite 71.26
Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • DSCR +10.0/10.0
  • 1% rule +9.6/10.0
  • ARV discount +7.5/15.0
  • Rent growth +5.0/5.0
  • Livability +3.4/5.0
  • Schools +3.2/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$440,000

5700 Via Real #106 · Carpinteria, CA 93013
2 bd · 2.0 ba · 1,120 sqft · Manufactured public records · 108 Days on market
Built 1984 871 sqft lot $393/sqft · 78% below area

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

Key facts

  • Remodeled kitchen
  • Refreshed bathrooms
  • Updated flooring

Tags

UPDATED FLOORINGREMODELED KITCHENREFRESHED BATHROOMSSPACIOUS PRIMARY SUITESCENIC MOUNTAIN VIEWSMOVE IN READY

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath manufactured listed at $440k.

Deal economics

  • At list price, monthly cash flow is $2k ($25k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($6k rent vs $440k).
  • Recommended offer: $400k (9.0% below list) — sets the bar for market timing.
  • Cap rate 11.9% vs local median 3.1% in Carpinteria — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 68/100 on livability (#283 in CA) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, crime B+; Watch: schools D+, amenities F, cost of living F.
  • Carpinteria Unified (suburban): math 27% / reading 43% proficiency, ranked #255 of 517 in CA (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents rising fast (+15.2%/yr); 75 active listings in the ZIP; 5 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 719 units permitted in Santa Barbara County in 2024 (217 in 5+ unit buildings).
  • At $6,438/mo this rent would consume 70% of the median local household income ($110k/yr) (locally 718% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $13k of value loss. Plan a longer hold.
  • Santa Barbara County population projected at +20% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 8.0% rent growth), your $123k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 108 days — a 9% lower offer ($400k) is reasonable based on typical stale-listing flexibility.
  • 7 sale attempts since 24y ago; this cycle's ask has dropped $70k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $400,400 (9.0% below list)

Questions for the listing agent

  1. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.46%
Cap rate
11.87%
Cash-on-cash
19.92%
DSCR
1.89
GRM
5.7

CMA / ARV

ARV (median comp)
$1,990,836
List price
$440,000
Delta
-77.90%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5700 Via Real #64 0.00mi 2/2.0 1,122 (+0%) 12mo $530,000 $472 89
5700 Via Real #125 0.00mi 3/2.0 (+1) 1,120 (0%) 10mo $530,000 $473 87
5700 Via Real #43 0.00mi 2/2.0 1,120 (0%) 18mo $450,000 $402 85
5700 Via Real #75 0.00mi 2/2.0 1,248 (+11%) 5mo $515,000 $413 77
5750 Via Real #289 0.15mi 3/2.0 (+1) 1,104 (-1%) 20mo $573,000 $519 69
5700 Via Real #131 0.00mi 2/2.0 1,200 (+7%) 23mo $510,000 $425 69

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold
IRR
17.6%
Equity multiple
1.76×
Total profit
$93,098
Equity at exit
$65,605
10-year hold
IRR
29.4%
Equity multiple
4.28×
Total profit
$404,071
Equity at exit
$38,043

Cash invested: $123,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 93013

Rents YoY
15.2%
Active inventory
75
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$6,438 high interval (Pro) →
Mortgage (P&I)
$2,307
Tax est. 1.5%
$550 /mo · $6,600/yr
Insurance
$183
HOA
$0
Vacancy / Maint / Mgmt
$1,352
Net cashflow
$2,045

Break-even live

Break-even rent $3,849
Max offer price $440,000
Occupancy floor 63%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$110,000
Closing costs
$13,200
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 5 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4745 Carpinteria Ave Carpinteria, CA 2.0 2.0 1365 $5,125 $3.75 1d 13 1.03mi
4975 Sandyland Rd #212 Carpinteria, CA 2.0 1.0 800 $9,500 $11.88 43d 1 1.05mi
250 Ash Ave Unit C Carpinteria, CA 2.0 1.5 700 $4,950 $7.07 14d 1 1.16mi
160 Ash Ave Unit 7 Carpinteria, CA 2.0 1.0 850 $3,950 $4.65 43d 1 1.17mi
1488 Manzanita St Carpinteria, CA 3.0 2.0 1131 $11,500 $10.17 11d 1 1.39mi

Listing history 36 events

  1. 2026-06-15
    status $440,000 Pending 108 DOM
  2. 2026-06-15
    days on market $440,000 Active 108 DOM
  3. 2026-06-13
    days on market $440,000 Active 106 DOM
  4. 2026-06-13
    days on market $440,000 Active 105 DOM
  5. 2026-06-10
    days on market $440,000 Active 103 DOM
  6. 2026-06-09
    days on market $440,000 Active 102 DOM
  7. 2026-06-08
    days on market $440,000 Active 101 DOM
  8. 2026-06-07
    days on market $440,000 Active 100 DOM
  9. 2026-06-05
    days on market $440,000 Active 97 DOM
  10. 2026-06-03
    days on market $440,000 Active 96 DOM
  11. 2026-06-02
    days on market $440,000 Active 95 DOM
  12. 2026-06-01
    days on market $440,000 Active 94 DOM
  13. 2026-05-31
    days on market $440,000 Active 93 DOM
  14. 2026-05-14
    price $440,000 788-char remark
    Show marketing remark (788 chars)

    Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

  15. 2026-04-15
    price $450,000 788-char remark
    Show marketing remark (788 chars)

    Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

  16. 2026-03-12
    status Active 788-char remark
    Show marketing remark (788 chars)

    Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

  17. 2026-03-09
    status Pending 788-char remark
    Show marketing remark (788 chars)

    Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

  18. 2026-03-05
    price $475,000 788-char remark
    Show marketing remark (788 chars)

    Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

  19. 2026-02-24
    listed $510,000 Active 788-char remark
    Show marketing remark (788 chars)

    Welcome to 5700 Via Real #106 in San Roque Estates in the charming beach town of Carpinteria. This beautifully updated 2 bedroom 2 bath home offers approximately 1120 square feet of comfortable coastal living. Enjoy updated flooring throughout, a stylish remodeled kitchen with modern finishes, and refreshed bathrooms with a clean contemporary feel. The spacious primary suite offers privacy and relaxation while the second bedroom is ideal for guests or a home office. Carpinteria is known for its laid back atmosphere, stunning beaches, scenic mountain views, and vibrant downtown filled with local shops and dining. Just minutes from the sand and close to everything this special seaside community has to offer, this move in ready home captures the best of California coastal living.

  20. 2023-02-07
    soldstatus $400,000 Closed 1500-char remark
    Show marketing remark (1500 chars)

    OWNER WILL CARRY THE LOAN! Built 1984, all ages community. Super cute Carpinteria mobile home! Light, bright, full of sun. Very spacious home with 2bd, 2bth, just a hop away from the beach, shopping & dining! Master bed/bath on one end of the home, center kitchen and living room up front. Laundry closet off the kitchen / washer and dryer hook ups. Near shopping, parks, trails, dining and cafes. Just a skip from the bike/walking path that leads you to into downtown Carp, and just a quick drive to the beach. Renovations List 2020: - exterior paint - porch stain - flooring (carpet, laminate) - blinds - baseboards - master bedroom walk in closet organizers - full kitchen (drywall, ceiling and insulation, dimmer lighting, cabinets, quartz countertops, island) - stainless kitchen appliances (fridge, gas range, dishwasher, disposal, wine fridge) 2022: - full bathrooms (drywall, ceiling & insulation, dimmer lighting and venting, tile flooring, toilets, shower enclosure (master) and tub (hallway), tiled stalls, vanities, dimmer mirror (master) & mirrored medicine cabinets) - dual pane windows throughout - 2nd bedroom closet organizer - comp shingle roof - gutters - skirting - patio - fence stain - carport enclosure - porch stain recoat The park has recently completed a gas and electric conversion process that will transfer these utilities directly to the owner. The old electric and gas boxes are to be removed by the contractor.

  21. 2023-02-06
    status Pending 1500-char remark
    Show marketing remark (1500 chars)

    OWNER WILL CARRY THE LOAN! Built 1984, all ages community. Super cute Carpinteria mobile home! Light, bright, full of sun. Very spacious home with 2bd, 2bth, just a hop away from the beach, shopping & dining! Master bed/bath on one end of the home, center kitchen and living room up front. Laundry closet off the kitchen / washer and dryer hook ups. Near shopping, parks, trails, dining and cafes. Just a skip from the bike/walking path that leads you to into downtown Carp, and just a quick drive to the beach. Renovations List 2020: - exterior paint - porch stain - flooring (carpet, laminate) - blinds - baseboards - master bedroom walk in closet organizers - full kitchen (drywall, ceiling and insulation, dimmer lighting, cabinets, quartz countertops, island) - stainless kitchen appliances (fridge, gas range, dishwasher, disposal, wine fridge) 2022: - full bathrooms (drywall, ceiling & insulation, dimmer lighting and venting, tile flooring, toilets, shower enclosure (master) and tub (hallway), tiled stalls, vanities, dimmer mirror (master) & mirrored medicine cabinets) - dual pane windows throughout - 2nd bedroom closet organizer - comp shingle roof - gutters - skirting - patio - fence stain - carport enclosure - porch stain recoat The park has recently completed a gas and electric conversion process that will transfer these utilities directly to the owner. The old electric and gas boxes are to be removed by the contractor.

  22. 2022-11-03
    historical Contingent 1500-char remark
    Show marketing remark (1500 chars)

    OWNER WILL CARRY THE LOAN! Built 1984, all ages community. Super cute Carpinteria mobile home! Light, bright, full of sun. Very spacious home with 2bd, 2bth, just a hop away from the beach, shopping & dining! Master bed/bath on one end of the home, center kitchen and living room up front. Laundry closet off the kitchen / washer and dryer hook ups. Near shopping, parks, trails, dining and cafes. Just a skip from the bike/walking path that leads you to into downtown Carp, and just a quick drive to the beach. Renovations List 2020: - exterior paint - porch stain - flooring (carpet, laminate) - blinds - baseboards - master bedroom walk in closet organizers - full kitchen (drywall, ceiling and insulation, dimmer lighting, cabinets, quartz countertops, island) - stainless kitchen appliances (fridge, gas range, dishwasher, disposal, wine fridge) 2022: - full bathrooms (drywall, ceiling & insulation, dimmer lighting and venting, tile flooring, toilets, shower enclosure (master) and tub (hallway), tiled stalls, vanities, dimmer mirror (master) & mirrored medicine cabinets) - dual pane windows throughout - 2nd bedroom closet organizer - comp shingle roof - gutters - skirting - patio - fence stain - carport enclosure - porch stain recoat The park has recently completed a gas and electric conversion process that will transfer these utilities directly to the owner. The old electric and gas boxes are to be removed by the contractor.

  23. 2022-11-01
    price $409,000 1500-char remark
    Show marketing remark (1500 chars)

    OWNER WILL CARRY THE LOAN! Built 1984, all ages community. Super cute Carpinteria mobile home! Light, bright, full of sun. Very spacious home with 2bd, 2bth, just a hop away from the beach, shopping & dining! Master bed/bath on one end of the home, center kitchen and living room up front. Laundry closet off the kitchen / washer and dryer hook ups. Near shopping, parks, trails, dining and cafes. Just a skip from the bike/walking path that leads you to into downtown Carp, and just a quick drive to the beach. Renovations List 2020: - exterior paint - porch stain - flooring (carpet, laminate) - blinds - baseboards - master bedroom walk in closet organizers - full kitchen (drywall, ceiling and insulation, dimmer lighting, cabinets, quartz countertops, island) - stainless kitchen appliances (fridge, gas range, dishwasher, disposal, wine fridge) 2022: - full bathrooms (drywall, ceiling & insulation, dimmer lighting and venting, tile flooring, toilets, shower enclosure (master) and tub (hallway), tiled stalls, vanities, dimmer mirror (master) & mirrored medicine cabinets) - dual pane windows throughout - 2nd bedroom closet organizer - comp shingle roof - gutters - skirting - patio - fence stain - carport enclosure - porch stain recoat The park has recently completed a gas and electric conversion process that will transfer these utilities directly to the owner. The old electric and gas boxes are to be removed by the contractor.

  24. 2022-09-12
    price $419,000 1500-char remark
    Show marketing remark (1500 chars)

    OWNER WILL CARRY THE LOAN! Built 1984, all ages community. Super cute Carpinteria mobile home! Light, bright, full of sun. Very spacious home with 2bd, 2bth, just a hop away from the beach, shopping & dining! Master bed/bath on one end of the home, center kitchen and living room up front. Laundry closet off the kitchen / washer and dryer hook ups. Near shopping, parks, trails, dining and cafes. Just a skip from the bike/walking path that leads you to into downtown Carp, and just a quick drive to the beach. Renovations List 2020: - exterior paint - porch stain - flooring (carpet, laminate) - blinds - baseboards - master bedroom walk in closet organizers - full kitchen (drywall, ceiling and insulation, dimmer lighting, cabinets, quartz countertops, island) - stainless kitchen appliances (fridge, gas range, dishwasher, disposal, wine fridge) 2022: - full bathrooms (drywall, ceiling & insulation, dimmer lighting and venting, tile flooring, toilets, shower enclosure (master) and tub (hallway), tiled stalls, vanities, dimmer mirror (master) & mirrored medicine cabinets) - dual pane windows throughout - 2nd bedroom closet organizer - comp shingle roof - gutters - skirting - patio - fence stain - carport enclosure - porch stain recoat The park has recently completed a gas and electric conversion process that will transfer these utilities directly to the owner. The old electric and gas boxes are to be removed by the contractor.

  25. 2022-09-12
    listed $219,000 Active 1500-char remark
    Show marketing remark (1500 chars)

    OWNER WILL CARRY THE LOAN! Built 1984, all ages community. Super cute Carpinteria mobile home! Light, bright, full of sun. Very spacious home with 2bd, 2bth, just a hop away from the beach, shopping & dining! Master bed/bath on one end of the home, center kitchen and living room up front. Laundry closet off the kitchen / washer and dryer hook ups. Near shopping, parks, trails, dining and cafes. Just a skip from the bike/walking path that leads you to into downtown Carp, and just a quick drive to the beach. Renovations List 2020: - exterior paint - porch stain - flooring (carpet, laminate) - blinds - baseboards - master bedroom walk in closet organizers - full kitchen (drywall, ceiling and insulation, dimmer lighting, cabinets, quartz countertops, island) - stainless kitchen appliances (fridge, gas range, dishwasher, disposal, wine fridge) 2022: - full bathrooms (drywall, ceiling & insulation, dimmer lighting and venting, tile flooring, toilets, shower enclosure (master) and tub (hallway), tiled stalls, vanities, dimmer mirror (master) & mirrored medicine cabinets) - dual pane windows throughout - 2nd bedroom closet organizer - comp shingle roof - gutters - skirting - patio - fence stain - carport enclosure - porch stain recoat The park has recently completed a gas and electric conversion process that will transfer these utilities directly to the owner. The old electric and gas boxes are to be removed by the contractor.

  26. 2020-07-21
    soldstatus $205,000 Closed
  27. 2020-06-14
    historical Contingent - Continue to Show
  28. 2020-03-31
    status Active
  29. 2020-03-26
    historical Contingent - Continue to Show
  30. 2020-03-11
    listed $225,000 Active
  31. 2005-10-01
    soldstatus $129,900
  32. 2005-08-31
    historical
  33. 2005-06-08
    listed $129,900
  34. 2002-10-16
    soldstatus $114,900
  35. 2002-08-25
    historical
  36. 2002-08-05
    listed $114,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 65% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 7/10 Severe 7 d/yr ≥84°F today · 16 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 9/10 Extreme 12 unhealthy d/yr today · 12 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$77,258
− Mortgage interest
−$24,647
− Property taxes
−$6,600
− Insurance
−$2,200
− Repairs & maintenance
−$6,181
− Management
−$6,181
− Depreciation
−$12,800
Taxable income
$18,650
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$4,476
After-tax cash flow
$20,069/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Carpinteria Unified
NCES district ID
0607560
Math proficiency
27% ▼ -16.00%
Reading proficiency
43% ▼ -5.00%
Median HH income
$70,780
Composite
32.27/100
National rank
#5758
State rank
#255 of 517 in CA

Livability — Carpinteria

Score
68/100
State rank
#283
US rank
#9548

Category grades

Amenities F Commute A+ Cost of living F Crime B+ Employment A+ Housing C Health & safety B- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Carpinteria, CA
County
Santa Barbara County · 410,380 people
City population
16,317
Metro
Santa Maria-Santa Barbara, CA
Population (ZIP)
16,317
Household income
$110,359
Rent vs Own
39.0% rent · 61.0% own
Severe rent burden
718.0

Population outlook (Santa Barbara County) Hauer SSP2

Today (2025)
484,679 people
By 2030
505,323 · +4.3%
By 2040
545,783 · +12.6%
By 2050
584,263 · +20.5%
By 2075
682,586 · +40.8%
By 2100
723,188 · +49.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.57)
Race & ethnicity
White 51% Hispanic / Latino 41% Two or more races 17% Asian 3% Native American 1%
Hispanic origin (detail)
Mexican 38%
Common ancestry
Slovak 4% Lithuanian 3% Romanian 2%
Foreign-born
22% · Canada
Languages at home
66% English-only · Spanish 29% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Santa Barbara

2024 margin
Strong D (+26.7) · D 61.8% · R 35.1% · Other 3.1%
2008→2024 swing
+3.8pp toward D · 2008: 22.9pp · 2024: 26.7pp
All cycles
2024: D+26.7 2020: D+32.1 2016: D+28.2 2012: D+17.1 2008: D+22.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -1390.66%
Current HPI
345.0001
Rent YoY
▲ 15.23%
Metro
Santa Maria-Santa Barbara, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+282.9% since first listed
23 events — show timeline
  • 2026-05-14 Price Changed $440,000 SBMLS
  • 2026-04-15 Price Changed $450,000 SBMLS
  • 2026-03-12 Relisted SBMLS
  • 2026-03-09 Pending SBMLS
  • 2026-03-05 Price Changed $475,000 SBMLS
  • 2026-02-24 Listed $510,000 SBMLS
  • 2023-02-07 Sold (MLS) $400,000 SBMLS
  • 2023-02-06 Pending SBMLS
  • 2022-11-03 Contingent SBMLS
  • 2022-11-01 Price Changed $409,000 SBMLS
  • 2022-09-12 Price Changed $419,000 SBMLS
  • 2022-09-12 Listed $219,000 SBMLS
  • 2020-07-21 Sold (MLS) $205,000 SBMLS
  • 2020-06-14 Contingent SBMLS
  • 2020-03-31 Relisted SBMLS
  • 2020-03-26 Contingent SBMLS
  • 2020-03-11 Listed $225,000 SBMLS
  • 2005-10-01 Sold (MLS) $129,900 SBMLS
  • 2005-08-31 Listing Removed SBMLS
  • 2005-06-08 Listed $129,900 SBMLS
  • 2002-10-16 Sold (MLS) $114,900 SBMLS
  • 2002-08-25 Listing Removed SBMLS
  • 2002-08-05 Listed $114,900 SBMLS

Property tax history

+2.5%/yr

Latest (2025): $360 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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