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975 Dr Carlsbad, CA 92008
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Key Details
Sold Price $8,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240011904SD
Sold Date 11/05/24
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Rare west of I-5 value-add coastal multifamily opportunity with 35% rental upside. Located in the sought-after Carlsbad Village this property consists of thirteen (13) 2Bedroom/1Bathroom Units; six (6) 1Bedroom/1Bathroom Units; and one (1) 2Bedroom/2Bathroom unit and is situated on a 26,572 sq ft lot. Downstairs units have private yards and patios with select units offering interior access to garages. In addition, amenities include onsite laundry and ample parking with twenty (20) garages and two (2) off-street parking spaces. The property offers upside in rents through a full reposition, as well as ADU potential through garage conversions. This sizable and coastal value-add property is the perfect blend of value, scale and location.
Location
State CA
County San Diego
Area 92008 - Carlsbad
Interior
Fireplace No
Exterior
Total Parking Spaces 22
Others
Tax ID 2032011400
Financing Cash to New Loan
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Bought with Angelo La Bruna Apartment Realty Group (ARG)
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