3044 State Street, Carlsbad, CA 92008

$5,195,000
List Price
$5,195,000
MLS#
240011890
Status
ACTIVE
Type
Multifamily

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.

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of NorthMarq Multifamily, Erik M Anderson.