Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Radiant

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    1.22

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $12,500,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

San Diego

Elementary School

Middle School

High School

Listing Courtesy of Eric Comer , Eric D. Comer, Broker

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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.

350 Chinquapin Ave

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Related Properties

**20 Units - Carlsbad Village** 3.81% CAP on Actuals, 5.27% CAP on Proforma • Fantastic Unit Mix with Oversized Units - 70% 2Bedroom Units  • 1Bedroom Units Average 749sf • 2Bedroom Units Average 885sf • Value-Add Opportunity: 27% Rental Upside  • Ground Units Have Oversized Yards + Direct Garage Access • Pride of Ownership Property with 6 Structures  • Onsite Laundry Room   • Ample Off-street Parking (20 Garages + 2 Surface Spaces)  • ADU Conversion Potential • Near Buena Vista Lagoon and Downtown Carlsbad Village
#250030716SD

Carlsbad

975 Laguna Dr

None Beds

None Baths

N/A

$10,495,000

MLS#: 250030716SD

 - property

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