Sold
350-370 Chinquapin Ave
Carlsbad CA, 92008
$11,500,000
$539.91 per sqft
Sold
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
November 22, 2024
Updated
Map
350-370 Chinquapin Ave
Carlsbad CA, 92008
Interior Features
Total Stories
2
Bedrooms
3
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
Days on Market
55
Garage
No
Parking
Spaces
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
---|---|---|
5/16/2024 | Sold | $11,500,000 |
4/25/2024 | Pending | — |
Listed by Eric D. Comer, Broker, Eric D Comer,
Listing Contact: 858-369-3083
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Data last updated 8:54 PM UTC, 11/22/2024