$12,500,000 $67,103 est/mo Sourced by Back At You

350 Chinquapin Ave,Carlsbad, CA 92008

Carlsbad CA, 92008

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Description

We are pleased to present Camelot Terrace Apartments for sale in an irreplaceable coastal location in Carlsbad, San Diego. The subject is less than 400 yards from Tamarack Beach and the Pacific Ocean. Camelot Terrace offers an ideal unit mix of four 1-bed/1-bath units and 21 large 2-bed/1.5 bath town home units. The low density community sits on a large 1.22 acre parcel with ample parking and community laundry facilities. The subject has been well-maintained and professionally managed. In recent years, select unit interiors and the building exterior have been improved. A future investor could complete a deeper renovation with high-end finishes and additional amenities such as in-unit washer and dryers to raise rents significantly. The coastal sub-market of Carlsbad is one of the most desirable markets in San Diego. The subject property will always be in high demand due to the lack of supply from the scarcity and high cost of developable land. The subject benefits from close proximity to the beach and is less than 1-mile from Carlsbad Village's commercial core with abundant restaurants and shopping. The nearest light rail station is 1-mile from the subject, which connects riders from Oceanside to Downtown San Diego and beyond.

Details

Listing ID240004226SD
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Days On Site55
Listing Provided ByEric D. Comer, Broker 858-509-1200 | Eric Comer

Features

Units25
Building(s)3
Acreage1.22

Market Activity 92008

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Diego
CityCarlsbad
Zip Code92008
Area92008 Carlsbad
Listing VS Median (in 92008)
Price:
$12,500,000
low | high
Med:
$1,867,500
100% of Average
On Site:
55
low | high
Med:
106.000000
51.88679245283% of Average
Sourced by Back At You
Listing Updated: February 27, 2024 at 1:29:33 PM PST
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