150 Walnut AveCarlsbad, CA 92008
8-Unit Coastal Multifamily Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- Prime Carlsbad beachfront 8-unit luxury short-term rental.
- 6,124 sq ft on a 13,022 sq ft lot; three buildings.
- Six 2-bedroom units, one 1-bedroom unit, one 3-bedroom unit.
- Renovated courtyard with BBQ and shared laundry.
- $9,950,000 asking price; $1,243,750 per unit; $1,624.76 per sq ft.
- Strong NOI of $454,021 (pro-forma $487,385); 4.56% cap rate (pro-forma 4.90%).
Property Details for 150 Walnut Ave
- Property type
- Apartment buildings
- Square Feet
- 6,124 SF
- Class
- A
- Year Built
- 1959
- Buildings
- 3
- Stories
- 2
- Units
- 8
Location Insight
- City
- Carlsbad
- County
- San Diego
- State
- California
- Latitude
- 33.154419
- Longitude
- -117.3497344
Nearby Similar for Sale
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