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$4,250,000
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UPDATED:
12/12/2024 09:39 PM
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 240013825
Property Description
Extremely well-located, value-add complex in Carlsbad Village. Priced at a 4.22% CAP on actuals with 24% upside in rents, The Breeze Apartments consists of ten (10) 1Bedroom / 1Bathroom single-level apartment homes and sits on a 9,145 sf parcel. Property amenities include a common lounge/BBQ area, laundry facility, and eleven (11) off-street surface parking spots. The property offers an investor upside in rents (5.60% Proforma CAP) in one of San Diego’s most sought after Coastal North County Markets. Located West of I-5, the property is a few blocks to the Carlsbad Village Shops and Restaurants, and walking distance from the sand.
Location
State CA
County San Diego
Area Carlsbad (92008)
Exterior
Total Parking Spaces 11
Building
Story 2
Others
Space Rent $260,388
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Listed by Angelo Joseph La Bruna III • Apartment Realty Group (ARG)
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