4627 Park Drive, Carlsbad, CA 92008

Property Description

$200,000 price reduction, priced to sell! Mid-Century Trophy Property located on the water in one of only two areas in San Diego County with personal boat docks. Beautifully renovated and updated 4-plex in the heart of Carlsbad, CA. The seller spared no expense in the extensive remodel, investing $400,000 in improvements, including $100,000 worth of furniture and equipment that conveys with the property. Property is located steps away from a quiet lagoon beach and an easy drive to area beaches and the Carlsbad village. All units have private outdoor space, and all have direct water views. Updates include new TPO roof, high end plumbing fixtures, custom Teak cabinetry, quartz counters, Stainless steel appliances, Italian tile, designer lighting, flooring and Ipe wood decks. All units professionally decorated and equipped. HOA allows for a minimum of 30-day rental. Guests have full access to private boat dock and outdoor dining area with stainless BBQ. Property has 3 garages with one unit having direct access and private gated entrance (owner’s unit). The property boasts over $16,000 in monthly gross income with potential to add at least two units over the garage area. Units are designed for ease of maintenance and easy to rent! The property was originally entitled as condos which adds value and flexibility for any investor’s exit strategy.