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$ 3,950,000
$ 4,250,000 7.1%
Est. payment /mo
Sold on 01/16/2025
3366 Roosevelt St Carlsbad, CA 92008
UPDATED:
Key Details
Sold Price $3,950,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 240013825SD
Property Sub-Type Mixed Use
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 92008 - Carlsbad
Listed by Angelo La Bruna • Apartment Realty Group (ARG)
Bought with Brian Nelson • South Coast Commercial Inc.
Bought with Brian Nelson • South Coast Commercial Inc.