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3044 State Street

Carlsbad, CA 92008
  • $5,195,000
  • STATUS: ACTIVE
  • ON SITE: 25 Days
  • ID#: 240011890
UPDATED: 148 min ago
$5,195,000
  • 5
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Reach out to agent for the full offering package. Step into one of the most special properties to hit the market in a long time. A true coastal oasis, we are pleased to offer for sale the Carlsbad Bungalows located at 3044 State Street in Downtown Carlsbad Village, San Diego, CA. This unique property offers a tranquil escape with its lush greenery, cobblestone pathways, and charming front decks, providing residents with a serene coastal retreat away from the bustling city streets. The Carlsbad Bungalows stand out as an exceptional coastal community, comprising exclusively of detached cottage-style units. Boasting an impressive Walk Score of 98 out of 100, the property sits at the heart of the lively Carlsbad Village, granting tenants easy access to the vibrant local scene. Featuring six 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, this property promises an unparalleled living experience. Residents enjoy a range of modern amenities including vaulted ceilings, hardwood floors, stainless steel appliances, granite countertops, newly installed communal washer/dryers, and convenient off-street parking. An astute investor has the opportunity to continue leasing the units for long-term rental income or explore the potential for operating them as a short-term rental community. Additionally, the standalone 2-car garage presents the possibility of being converted into an ADU for supplementary revenue streams.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/151004079
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3044 State Street Carlsbad, CA 92008

  • Price: $5,195,000
  • Status: ACTIVE
  • On Site: 25 Days
  • Updated: 148 min ago
  • ID#: 240011890
5
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Carlsbad (92008)
County:
San Diego
Area:
Carlsbad (92008)
Property Description
Reach out to agent for the full offering package. Step into one of the most special properties to hit the market in a long time. A true coastal oasis, we are pleased to offer for sale the Carlsbad Bungalows located at 3044 State Street in Downtown Carlsbad Village, San Diego, CA. This unique property offers a tranquil escape with its lush greenery, cobblestone pathways, and charming front decks, providing residents with a serene coastal retreat away from the bustling city streets. The Carlsbad Bungalows stand out as an exceptional coastal community, comprising exclusively of detached cottage-style units. Boasting an impressive Walk Score of 98 out of 100, the property sits at the heart of the lively Carlsbad Village, granting tenants easy access to the vibrant local scene. Featuring six 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, this property promises an unparalleled living experience. Residents enjoy a range of modern amenities including vaulted ceilings, hardwood floors, stainless steel appliances, granite countertops, newly installed communal washer/dryers, and convenient off-street parking. An astute investor has the opportunity to continue leasing the units for long-term rental income or explore the potential for operating them as a short-term rental community. Additionally, the standalone 2-car garage presents the possibility of being converted into an ADU for supplementary revenue streams.
Interior Features

Sq Ft Of Improvement 3598

Property Features

Actual Gross Scheduled Income 304284.0 Actual Operating Expense 0 Assumable Finance 0 Buildings 5 Complex Features Other/Remarks Gross Equity 0 Gross Multiplier 17.6 Have Units Mandatory Remarks None Known Market Area Coastal North Motive Want $ Unit Number1 6 Unit Number2 1 Unit Rent Total1 21462 Unit Rent Total2 3895 Unit Rent1 3577 Unit Rent2 3895

San Diego MLS logo Listing provided courtesy of Erik Anderson of NorthMarq Multifamily: 858-395-6935. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team
516 5th Avenue
San Diego CA, 92101