3366 Roosevelt St, Carlsbad, CA 92008
Commercial property
Sold 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
How this sale compares
3366 Roosevelt St sold for $3,950,000 in January 2025, 7.1% under its $4,250,000 list price, after 178 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Description
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