3366 Roosevelt St Pending

Carlsbad,CA 92008

$ 4250000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 240013825SD

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

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