Property Detail
Description
This LISTING OFFERS not ONE, but TWO amazing INVESTMENT OPPORTUNITIES. *************(OPTION 1) THE EXISTING PROPERTY includes 3 UNITS in need of updating. UNIT 1: 2BED/2BATH (main house), UNIT 2: 1BED/1BATH, not currently rented, and UNIT 3 (ADU) - STUDIO/BATH. UNITS 1 & 3 are collectively rented to one tenant for well under market at $4,000/mo. Terms for the rented units are month-to-month, 60-day termination. ************(OPTION 2) DEVELOPMENT OPPORTUNITY - The Details: The property is FULLY ENTITLED for 4-Three Story OCEAN VIEW "Townhouse Style" CONDOMINIUMS, each with 2200+ INTERIOR SQ FT., 4 BEDROOMS and 3.5 BATHROOMS, PRIVATE ENTRANCES, Private YARD Space, FIREPLACE, BALCONIES, ROOFTOP DECK and a 2 CAR GARAGE. The ESTIMATED RESALE value per unit is $1.7-1.9M, based on options and finishes per residential unit. PROJECT DOCUMENTS AVAILABLE upon request. Planning Commission Approval, "ENTITLEMENT" is complete. >>>Ideally located between Oceanside Pier and Carlsbad State Beach with easy access to Public Transportation, I-5, highways 76, and 78. Bike or walk to the BEACH, HARBOR, TRENDING DOWNTOWN, SHOPS, RESTAURANTS, & NIGHTLIFE in an area that presents impressive growth and premium ROI.
Map Location
Listing provided courtesy of Grace Parris of Keller Williams Coastal Prop.. Last updated 2025-09-20 08:12:05.000000. Listing information © 2025 CRMLS.
The Lineup
1953 San Elijo Ave., Suite 100
Cardiff-by-the-Sea, CA 92007
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858.775.6678
COMPASS IS A LICENSED REAL ESTATE BROKER LICENSED BY THE STATE OF CALIFORNIA AND ABIDES BY THE EQUAL HOUSING OPPORTUNITY LAWS. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. INFORMATION IS COMPILED FROM SOURCES DEEMED RELIABLE BUT IS SUBJECT TO ERRORS, OMISSIONS, CHANGES IN PRICE, CONDITION, SALE, OR WITHDRAWAL WITHOUT NOTICE. NO STATEMENT IS MADE AS TO THE ACCURACY OF ANY DESCRIPTION. ALL MEASUREMENTS AND SQUARE FOOTAGES ARE APPROXIMATE. THIS IS NOT INTENDED TO SOLICIT PROPERTY ALREADY LISTED. NOTHING HEREIN SHALL BE CONSTRUED AS LEGAL, ACCOUNTING, OR OTHER PROFESSIONAL ADVICE OUTSIDE THE REALM OF REAL ESTATE BROKERAGE.
Based on information from California Regional Multiple Listing Service, Inc., as of [date the AOR/MLS data was obtained] and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by the broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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