Listing provided courtesy of Angelo La Bruna of Apartment Realty Group (ARG). Last updated 2024-10-10 09:00:48.000000. Listing information © 2024 Sandicor.
Asking Price: $9,250,000
975 Dr, Carlsbad CA 92008
Community: 92008 - Carlsbad
This Commercial/Residential property was built in 0 and is priced at $9,250,000. Please see the additional details below.
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.