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$3,850,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
10/29/2024 11:13 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240025575
Lot Size 0.456 Acres
Acres 0.46
Property Description
Originally built in 1977, Carriage Pines Apartments has been well maintained and most of the units have been renovated to varying finish levels. It boasts a desirable mix of one- and two-bedroom floor plans, along with ample parking and a community laundry room. This offering presents a true value-add opportunity, with potential upgrades to the building exterior and landscaping that could significantly increase rental income. Additionally, there is the option to convert three existing tuck-under parking spaces into an Accessory Dwelling Unit. Carriage Pines is ideally situated in a quiet residential area, close to local amenities such as top-rated schools, shopping centers, and parks. There are various restaurants within easy walking distance, and several grocery stores are located less than a mile from the property. The location offers a mix of suburban comfort and access to nature, with nearby hiking trails and open spaces. Carriage Pines abuts Poway's Kumeyaay-Ipai Interpretive Center a 4.5 acre site that offers residents a beautiful hillside with native vegetation for a backyard.
Location
State CA
County San Diego
Area Poway (92064)
Exterior
Total Parking Spaces 14
Building
Story 2
Lot Size Range .25 through .50 Acres
Others
Space Rent $276,888
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Listed by Eric D Comer • Eric D. Comer, Broker
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