385 Juniper Ave - Apartments FOR SALE


Carlsbad, CA 92008
$5,200,000 USD
858-228-7078
385 Juniper Ave, Carlsbad, CA for Sale
$5,200,000 USD
Apartments - FOR SALE
1/21
null | 2.62% Cap Rate

385 Juniper Ave
Carlsbad, CA 92008


HIGHLIGHTS

  • Blocks from Tamarack Surf Beach
  • Modern Design
  • Surface & Garage Parking
  • Utility Bill Back
  • Bonus 5th Studio Unit

OVERVIEW

CP Juniper is an artfully designed, 2016 construction, fourplex plus junior studio property set on a 7,500 sq ft lot just two blocks from Tamarack Surf Beach in one of Southern California’s premier coastal communities. The development was thoughtfully crafted from the ground up by the architect/developer owner as both a personal residence for himself and his family and a prized coastal multifamily investment asset. The property boasts rare ground level, covered parking and enclosed two car garage for the owner’s unit for a total of 9 parking spaces. The four large, main level residences surround an open communal courtyard patio for increased light, coastal breezes, and architectural interest. Unit interiors feature cathedral ceilings, modern design finishes, floor to ceiling windows, hard surface flooring throughout, in-unit washer dryers, premium bathroom finishes, and enclosed outdoor yards for select units, and mini-split HVAC systems. Water submeters are installed and can be utilized to bill back tenants and increase NOI. The 4-bedroom owner’s unit features and owned solar.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$997 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,300,000

CAP RATE

2.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CP Juniper

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2016

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,488 SF

ZONING

R-3

APN/PARCEL ID

204-240-35

ASK ABOUT THIS PROPERTY

John NewtonVREMore Info
858-228-7078

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

John NewtonVREMore Info
858-228-7078

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