4627 Park Dr - Apartments FOR SALE


Carlsbad, CA 92008
$3,699,000 USD
858-334-3577
4627 Park Dr, Carlsbad, CA for Sale
$3,699,000 USD
Apartments - FOR SALE
1/30
null | 3.68% Cap Rate

4627 Park Dr
Carlsbad, CA 92008


HIGHLIGHTS

  • Private boat dock
  • Each unit has a private balcony
  • Turn-key, newly renovated multi unit
  • Waterfront investment

OVERVIEW

A rare opportunity on the waterfront of the Carlsbad Lagoon - a fully renovated Mid-Century 4-plex with a private boat dock in one of Carlsbad’s most peaceful coastal settings, featuring three 1-bedroom/1-bath residences and one 2-bedroom/1-bath residence, each with private patios and balconies. Each unit captures direct water views and offers private outdoor space, blending seamless indoor-outdoor living just steps from the lagoon beach and minutes to Carlsbad Village. Interiors are thoughtfully updated with custom teak cabinetry, quartz countertops, Italian porcelain tile, high-end appliances, reinforced balconies, and IPE wood decking. Fully furnished and turnkey, the property includes a private gated-entry unit ideal for an owner-user. Zoned for 30+ day rentals with potential to add two units above the garage, this is a distinctive waterfront investment with lifestyle appeal and long-term upside.

FOR SALE DETAILS

PRICE

$3,699,000 USD

PRICE/SF

$1,625 USD /SF

# OF UNITS

4

PRICE/UNIT

$924,750

CAP RATE

3.68%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R-3

APN/PARCEL ID

207-150-33

ASK ABOUT THIS PROPERTY

Eric IantornoCompassMore Info
858-334-3577

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

Eric IantornoCompassMore Info
858-334-3577

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