2269 Edinburg Ave - Apartments FOR SALE


Cardiff By The Sea, CA 92007
$2,225,000 USD
760-473-9655
2269 Edinburg Ave, Cardiff By The Sea, CA for Sale
$2,225,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

2269 Edinburg Ave
Cardiff By The Sea, CA 92007


HIGHLIGHTS

  • Prime coastal location west of I-5 in Cardiff-by-the-Sea
  • Two upgraded 2BR/2BA units plus modern 1BR/1BA unit
  • Private garages, in-unit laundry, and solar enhancements
  • Walkable to beaches, Seaside Market, and Highway 101 retail

OVERVIEW

Cardiff Apartments presents a rare investment opportunity in the heart of Cardiff-by-the-Sea, one of Southern California’s most coveted coastal enclaves. Located west of Interstate 5 at 2269–71 Edinburg Avenue, this low-rise multifamily asset offers a compelling blend of lifestyle appeal and long-term upside. The property comprises two spacious 2-bedroom, 2-bath units, each with private garages and in-unit laundry, positioned above a modern, non-conforming 1-bedroom, 1-bath unit constructed in 2016. Interior upgrades include vaulted ceilings, renovated bathrooms, new windows and doors, and private outdoor spaces such as sun decks and balconies. The site spans 6,568 SF and benefits from solar enhancements, ample off-street parking, and a shared garden area. With a walkable location near Cardiff State Beach, Swami’s, Seaside Market, and the vibrant retail and dining scene along Highway 101, residents enjoy unmatched convenience and coastal charm. The property’s current cap rate of 0.99% reflects significant value-add potential, with market rents projected to increase total annual income from $56,400 to $130,800. Demographics within a one-mile radius show an affluent population with average household incomes exceeding $208,000 and home values averaging $1.7M+, reinforcing the area’s desirability and investment strength. Whether repositioned for higher returns or held as a stable coastal asset, Cardiff Apartments offers a rare chance to own in a tightly held submarket with enduring demand and limited inventory.

FOR SALE DETAILS

PRICE

$2,225,000 USD

PRICE/SF

$1,045 USD /SF

# OF UNITS

3

PRICE/UNIT

$741,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

R11

APN/PARCEL ID

261-083-22

ASK ABOUT THIS PROPERTY

Nic LyonACRE Investment Real Estate ServicesMore Info
760-473-9655

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Nic LyonACRE Investment Real Estate ServicesMore Info
760-473-9655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.