975 Laguna Laguna Dr, Carlsbad, CA 92008

$8,700,000
5
BD
4
BA
16,891
SqFt

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Sold Price
$8,700,000
List Price
$9,250,000
Closing Date
Nov 05, 2024
Status
CLOSED
MLS#
240011904
Bedrooms
5
Bathrooms
4
Living Sq. Ft
16,891
City
Carlsbad
Property Type
Multifamily

Property Description

Rare west of I-5 value-add coastal multifamily opportunity with 35% rental upside. Located in the sought-after Carlsbad Village this property consists of thirteen (13) 2Bedroom/1Bathroom Units; six (6) 1Bedroom/1Bathroom Units; and one (1) 2Bedroom/2Bathroom unit and is situated on a 26,572 sq ft lot. Downstairs units have private yards and patios with select units offering interior access to garages. In addition, amenities include onsite laundry and ample parking with twenty (20) garages and two (2) off-street parking spaces. The property offers upside in rents through a full reposition, as well as ADU potential through garage conversions. This sizable and coastal value-add property is the perfect blend of value, scale and location.

Additional Information

Living Area
16,891
Stories
2
Parking Spaces
22

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Angelo Joseph La Bruna III (858-247-1095) from Listing Office: Apartment Realty Group (ARG).

Selling Office: Apartment Realty Group (ARG).

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