Active

350-370 Chinquapin Ave

Carlsbad CA, 92008

$12,500,000


$586.85 per sqft

Active

3 Beds

21,300 sqft

Commercial

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.

240004226

MLS ID

February 27, 2024

Listed

March 14, 2024

Updated

Map

350-370 Chinquapin Ave
Carlsbad CA, 92008

Interior Features

Total Stories

2


Bedrooms

3 Beds


Laundry Description

Leased


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Radiant

Exterior/Building Features

Lot Size

1.22 Acres


Roof

Composition

Other Property Details

Area Name

Coastal North


Garage

No


Parking

Spaces


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

1%

Listed by Eric D. Comer, Broker, Eric D Comer,
Listing Contact: 858-369-3083 

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