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4566 Cove Dr.

Carlsbad, CA 92008
  • $2,600,000
  • STATUS: ACTIVE
  • ON SITE: 114 Days
  • ID#: 230002623
UPDATED: 175 min ago
$2,600,000
  • 9
    BEDS
  • 0.11
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,550
    SQFT
  • $732
    $/SQFT
Neighborhood:
Bristol Cove
Type:
Multi-Family
Built:
1982
County:
San Diego
Area:
Carlsbad (92008)

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Description

Desirable Carlsbad fourplex with large units and garages. Located in the exclusive Bristol Cove POA with access to the Agua Hedionda Lagoon for boating, kayaking, and paddle boarding. Includes access to the Bristol Cove boat launch, community dock, and boat storage yard. Excellent cash flow potential at market rental rates. Large two and three bedroom units. Each unit includes a garage space. The 2 bed, 1.5 bath units is a two story townhome. Offered together or separately with contiguous fourplex.

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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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/136821616
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4566 Cove Dr. Carlsbad, CA 92008

  • Price: $2,600,000
  • Status: ACTIVE
  • On Site: 114 Days
  • Updated: 175 min ago
  • ID#: 230002623
9
Beds
7
Baths
0
½ Baths
0.11
Acres
3,550
SQFT
$732
$/SQFT
1982
Built
Neighborhood:
Bristol Cove
County:
San Diego
Area:
Carlsbad (92008)
Property Description
Desirable Carlsbad fourplex with large units and garages. Located in the exclusive Bristol Cove POA with access to the Agua Hedionda Lagoon for boating, kayaking, and paddle boarding. Includes access to the Bristol Cove boat launch, community dock, and boat storage yard. Excellent cash flow potential at market rental rates. Large two and three bedroom units. Each unit includes a garage space. The 2 bed, 1.5 bath units is a two story townhome. Offered together or separately with contiguous fourplex.
Exterior Features

Boat Facilities Yes Exterior Stucco Fencing Partial Irrigation N/K Parking Garage Desc Unit1 Attached Parking Garage Desc Unit2 Attached Parking Garage Desc Unit3 Attached Parking Garage Desc Unit4 Attached Parking Garage Spaces Unit1 1 Parking Garage Spaces Unit2 1 Parking Garage Spaces Unit3 1 Parking Garage Spaces Unit4 1 Parking Non Garage Desc Unit1 Tandem Parking Non Garage Desc Unit2 Tandem Parking Non Garage Desc Unit3 Tandem Parking Non Garage Desc Unit4 Tandem Pool N/K Pool Heat None Known Roof Rolled/Hot Mop Site Cul-De-Sac Unit1 Exclusive Use Yard No Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Unit4 Exclusive Use Yard No Units With Garages 4 Units With Patios 1 View Lagoon/Estuary

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 0 Half Baths Unit4 0 Heat Source Natural Gas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Unit4 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 4 Units With Dryers 4 Units With Fireplaces 0 Units With Range Oven 4 Units With Refrigerators 4 Units With Washers 4 Water Heater Type Gas

Property Features

Actual Cap Rate 3.4 Additional Property Use N/K Age Restrictions N/K Annual Expense Actual 40007 Annual Expense Projected 40007 Association ID San Diego Association Of Realtors (Sdar) Buildings 1 Cfd Mello Roos Fee 0.0 Community Carlsbad East Complex Features Biking/Hiking TrailsRv/Boat ParkingOther/Remarks Complex Park Bristol Cove Cross Streets Park Dr. Gross Rent Multiplier Actual 19.6 Gross Rent Multiplier Project 15.1 Gross Scheduled Income Actual 132720 Gross Scheduled Income Project 172200 Home Owners Assoc Fee Includes Other/Remarks Home Owners Assoc Payment Freq Quarterly Home Owners Fee Reflects Year Home Owners Fees 432.0 Home Owners Total Fees 432.0 Mandatory Remarks None Known Market Area Coastal North Monthly Total Fees 36 Net Operating Income Projected 126166 Other Fee Type Boat Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Projected Cap Rate 4.9 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Sewer Septic Sewer Connected Short Sale No Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 A Unit Number For Unit2 B Unit Number For Unit3 C Unit Number4 D Unit1 Deposit 1000 Unit1 Occupied Tenant Unit1 Projected Rent 3500.0 Unit1 Rent Actual 2575.0 Unit2 Deposit 1400 Unit2 Occupied Tenant Unit2 Projected Rent 3350.0 Unit2 Rent Actual 2515.0 Unit3 Deposit 1000 Unit3 Occupied Tenant Unit3 Projected Rent 4000 Unit3 Rent Actual 3395.0 Unit4 Deposit 1250 Unit4 Occupied Tenant Unit4 Projected Rent 3500 Unit4 Rent Actual 2575.0 Water Meter On Property

San Diego MLS logo Listing provided courtesy of Ray Adams of Ray Adams Investment Re Inc: 619-884-5456. Listing information © 2023 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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