Active

350 Chinquapin Ave

Carlsbad CA, 92008

$12,500,000


Active

Commercial

Listed by Eric Comer with Eric D. Comer, Broker 858-509-1200

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.

240004226SD

MLS ID

February 27, 2024

Listed

March 28, 2024

Updated

Map

350 Chinquapin Ave
Carlsbad CA, 92008

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

1.22 Acres


Roof

Composition

Other Property Details

Area Name

92008 - Carlsbad


Garage

No


Parking Total

0


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

1%

Listing Contact: 858-509-1200 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 3:16 PM UTC

 

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