Four Home Development Opportunity in Costal Carlsbad

 

Current Use of this Carlsbad Investment Property

The lot is currently developed with an older home (998 Pine) that is rented for $1,775/mo.,a garage/storage facility rented for $250/mo., and a small house (996 Pine) w/gas &7 electric disconnected that is rented for storage & parking @ $400/mo Total income is $2,425/mo. Please note: All information is from sources deemed reliable, but has not been verifyed and is not warranted in any manner by the O wner’s or their agents. The information is provided subject to the possibility of errors, ommissions and change of conditions without notice. Buyer is to verify all information prior to COE. Please see ATTACHMENT for project details. Lis ting agent is part owner.  This property is a short sale.  Learn more about short sales.

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Above Carlsbad home was provided by Gary Harmon – DRE #01007062.
Information courtesy of Prudential California Realty is subject to verification and is not guaranteed.

See current photos of this Carlsbad Investment Property.   See more at Costal Carlsbad Income Property and Costal Carlsbad Home.

For more information contact Gary Harmon, your top Carlsbad Realtor.

Coastal Carlsbad – Income Property

Proposed Four Unit Carlsbad Income Property Description

While this lot is zoned for 5 units, this Carlsbad investment property has an approved Tentative Parcel Map and plans for a 4-unit single family residential infill development in the coastal City of Carlsbad.  The proposed project consists of four Carlsbad homes,  residences, each with approximately 2,168 sf of living area and a separate 2-car garage. The units are two-story design, with 3-bedrooms, 3-full bathrooms, family room and a living room that could be used as a bedroom, office or den. 

Current Carlsbad Income Property

996-998 Pine Avenue, Carlsbad:   This current Carlsbad investment property  lot is  developed with an older 2 bedroom, 1 bath Carlsbad home with a single car garage, patio & fenced yard at 998 Pine Avenue that is being rented for $1,775 per month and a garage/storage unit rented for $250 per month. A smaller, very old house and rear yard at 996 Pine is rented as storage for $400 per month for a total income of $2,425.  This Carlsbad income property is currently MLS # 100071969.  Seller will entertain offers on this property between $550,000 and $550,876.  Contact Gary Harmon, Hadley Home Team, for more information  or to make an offer on this property.  This possible Carlsbad income property is being offered as a short sale and requires lender approval.

Carlsbad Property Location and Description

This is an 18,000 square foot lot located west of Interstate 5 and within walking or biking distance to Carlsbad Village, the Pacific Ocean and the beaches of Carlsbad. To reach this property go west on Carlsbad Village Drive, south on Harding, and east on Pine Avenue.  The address is 996-998 Pine Avenue. Thomas Bros. Map Code: 1106F5.

First Floor Plan

 

Second Floor Plan

Carlsbad Homes Plot Plan

Contact Gary Harmon, your Carlsbad Realtor, for more information about this Carlsbad investment property:  760-745-1220  or garyharmon@prusd.com .  Other Carlsbad homes for sale as well as Carlsbad ocean view homes can be found on this blog.

Try our Carlsbad Quick Homes Search  .  Read more at Coastal Carlsbad home – Listing of the Day.