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3366 Roosevelt St, Carlsbad, CA 92008

Commercial property

3366 Roosevelt St, Carlsbad, CA 92008 Sold January 2025 CRMLS
$3,950,000Sold January 2025

Listing Agent: Angelo La Bruna (DRE #01991625) · Listing Office: Apartment Realty Group (ARG) · Contact: 619-222-9500 · Bought with: Brian Nelson · South Coast Commercial Inc. · MLS #240013825SD · Source: CRMLS

10
Units
4.22%
Cap Rate
$179,357
NOI
Commercial property
Type

About this commercial property

Extremely well-located, value-add complex in Carlsbad Village. Priced at a 4.22% CAP on actuals with 24% upside in rents, The Breeze Apartments consists of ten (10) 1Bedroom / 1Bathroom single-level apartment homes and sits on a 9,145 sf parcel. Property amenities include a common lounge/BBQ area, laundry facility, and eleven (11) off-street surface parking spots. The property offers an investor upside in rents (5.60% Proforma CAP) in one of San Diego’s most sought after Coastal North County Markets. Located West of I-5, the property is a few blocks to the Carlsbad Village Shops and Restaurants, and walking distance from the sand.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$3,950,000
Sold January 2025 · listed $4,250,000, on market June 2024 · MLS #240013825SD · Source: CRMLS
Listing Agent: Angelo La Bruna · Listing Office: Apartment Realty Group (ARG) · Contact: 619-222-9500 · Bought with: Brian Nelson · South Coast Commercial Inc.
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