Carlsbad, CA 92008,975 Dr
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Carlsbad, CA 92008,975 Dr
Carlsbad, CA 92008,975 Dr
Carlsbad, CA 92008,975 Dr
Carlsbad, CA 92008,975 Dr

$8,700,000

Est. payment /mo

$9,250,000

5.9%
Est.Price: ?

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975 Dr Carlsbad, CA 92008

SOLD DATE : 11/05/2024

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 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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California Regional MLS (CRMLS)
Listed by Angelo La Bruna • Apartment Realty Group (ARG)
Bought with Angelo La Bruna • Apartment Realty Group (ARG)
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