350-370 Chinquapin Ave, Carlsbad, California

$12,500,000

Previous Next

About 350-370 Chinquapin Ave

We are pleased to present Camelot Terrace Apartments for sale in an irreplaceable coastal location in Carlsbad, San Diego. The subject is less than 400 yards from Tamarack Beach and the Pacific Ocean. Camelot Terrace offers an ideal unit mix of four 1-bed/1-bath units and 21 large 2-bed/1.5 bath town home units. The low density community sits on a large 1.22 acre parcel with ample parking and community laundry facilities. The subject has been well-maintained and professionally managed. In recent years, select unit interiors and the building exterior have been improved. A future investor could complete a deeper renovation with high-end finishes and additional amenities such as in-unit washer and dryers to raise rents significantly. The coastal sub-market of Carlsbad is one of the most desirable markets in San Diego. The subject property will always be in high demand due to the lack of supply from the scarcity and high cost of developable land. The subject benefits from close proximity to the beach and is less than 1-mile from Carlsbad Village's commercial core with abundant restaurants and shopping. The nearest light rail station is 1-mile from the subject, which connects riders from Oceanside to Downtown San Diego and beyond.

Features of 350-370 Chinquapin Ave

MLS® # 240004226
Price $12,500,000
Acres 0.00
Type Commercial
Sub-Type Com-Res Income
Status ACTIVE

Community Information

Address 350-370 Chinquapin Ave
Area CARLSBAD (92008)
City Carlsbad
County San Diego
State California
Zip Code 92008

Amenities

Parking Spaces

Interior

Heating Radiant
Cooling None
# of Stories 2

Exterior

Roof Composition
Construction Stucco

Additional Information

Date Listed February 27th, 2024
Short Sale No

Listing Details

OfficeEric D. Comer, Broker

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?